Helios Towers FY 2023 Results
ADJ. EBITDA GROWTH IS HIGHLY CORRELATED TO TENANCY ADDITIONS AND
RESILIENT TO FX, CPI AND POWER PRICE MOVEMENTS
FY 23 YoY revenue walkthrough (1,2)
(US$m)
FY 23 YoY Adj. EBITDA walkthrough (1)
(US$m)
561
+29%
67
24
(14)
31
52
Principally driven by
Ghanaian Cedi movements
vs. US dollar
+31%
41
12
(8)
38
3
721
Power efficiency
through
Project 100 initiatives
CPI escalations more
than offsetting Fx
impact
370
283
+17% organic
+17% organic
+10%
+6%
+4%
(3%)
+12%
+14%
+1%
+5%
(3%)
+15%
(3)
FY 22
Organic
tenancy
growth
Power
CPI
FX
Acquisitions
FY 23
FY 22
Organic
tenancy
growth
Power (4)
CPI/
Non-power (5)
FX
Acquisitions (3)
FY 23
$
(1)
(2)
19 Helios Towers FY 2023 Results
Figures may not sum due to rounding.
HT revenue impact for CPI and power reflect increase in FY 23 revenues from respective escalations effected since the
beginning of FY 23. HT revenue impact from Fx reflects the YoY Fx translation impact from local currency and Euro-
pegged revenues into US dollars.
(3)
Reflects contributions from Malawi and Oman.
(4)
(5)
Calculated as escalations from power-linked revenues less year-on-year changes in power opex assuming FY 22
power opex per site using HT's FY 23 average site count (excluding Malawi and Oman).
Calculated as escalations from CPI-linked revenues less year-on-year changes in non-power opex and SG&A
assuming FY 22 non-power opex per site using HT's FY 23 average site count (excluding Malawi and Oman).
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