Quarterly ResultAug 11, 2026, 06:42 AM
IHS Towers Q2 Revenue $428.6M; Reports Loss, MTN Acquisition Approved
AI Summary
IHS Holding Limited reported mixed financial results for Q2 2026, with revenue from continuing operations growing 10.4% to $428.6 million, but a net loss of $7.5 million compared to a profit in the prior year. Adjusted Levered Free Cash Flow (ALFCF) increased by 5.9% to $57.1 million, while Adjusted EBITDA saw a slight decrease. The company also announced that shareholders approved the acquisition by MTN Group and completed the disposals of its I-Systems stake and Latin American tower operations.
Key Highlights
- Shareholders approved the acquisition of IHS Towers by MTN Group in August 2026.
- Completed disposals of I-Systems stake (May 2026) and Latin American tower operations (August 2026).
- Revenue from continuing operations increased 10.4% year-on-year to $428.6 million.
- Reported a loss of $7.5 million for the period, compared to income of $32.3 million in Q2 2025.
- Adjusted Levered Free Cash Flow (ALFCF) increased 5.9% to $57.1 million.
- Adjusted EBITDA decreased 1.3% year-on-year to $245.3 million.
- Consolidated net leverage ratio improved to 2.8x, down 0.6x year-on-year.
- Total Towers stood at 37,672 with 55,205 Tenants at quarter-end.
Price Impact
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