MTN Group forecasts double-digit H1 2025 revenue and EPS growth
MTN Group said it expects double-digit growth in service revenue and adjusted headline earnings per share for the six months ended 30 June 2025, and it plans to record an impairment on its stake in MTN Irancell.
TL;DR
- MTN Group forecast double-digit growth in H1 2025 service revenue and adjusted headline earnings per share.
- The company also said it expects strong free cash flow generation for the six months ended 30 June 2025.
- MTN Group plans to recognise an impairment related to its investment in MTN Irancell in Iran.
MTN Group said the expected first-half performance for the period ending 30 June 2025 was driven by operational execution and macroeconomic conditions in its markets. The company said service revenue and adjusted headline earnings per share are both expected to increase by double digits year on year.
MTN Group also said it anticipates robust free cash flow generation in the first half of 2025. The company did not provide specific revenue, earnings per share, or free cash flow figures in the source text.
MTN Group said it plans to book an impairment on its stake in MTN Irancell, its operation in Iran. The source text did not state the size of the planned impairment or when MTN expects to recognise it.
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