Cellnex adopting IFRS 16 early, reporting strong growth

Cellnex reports a 20% growth in EBITDA

Read this article to learn:

  • Why Cellnex chose to adopt IFRS16 early
  • What it means for reporting
  • Where Cellnex is reporting year on year growth
  • Why Cellnex’s latest acquisition is important to their product mix

Cellnex have published their results for the first half of 2018, and are reporting continued growth, as well as a new acquisition to add to their 5G arsenal. Notably, they have also chosen to apply the IFRS16 standard six months early, before the deadline in January 2019. TowerXchange takes a look at this change in…

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