Econet Wireless Zimbabwe CEO, Douglas Mboweni
Source: Big Law IR

Financial performance 

Revenue for the first six months ended 31 August 2014 was US$392.3 million, an increase of 4.2% compared to the same period in the previous year. The Earnings Before Interest, Taxation, Depreciation and Amortisation (EBITDA) margin was at 40% compared to 45% in the previous year. We believe this decline illustrates our willingness to share the economic challenges our customers face. We will continue to focus on ensuring that the business achieves margin improvement through focus on cost management and improved efficiencies in order to sustain growth.

HY 2015 financial results presentation

HY 2015 financial results

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