Source - SMW
Telecommunication company Helios Towers reported wider first-half losses as losses on financial instruments offset a rise in revenue. 
 
For the 6 months to 30 June 2020, pre-tax losses widened to $83m from $18.7m on-year, while revenue rose 7% to $204.0m.
 
Revenue was boosted by continued growth in the number of sites and tenancies across the group. 
 
The company reported a loss of $35m on financial instruments, compared with a gain of $24.3m on-year.  

'Our H1 2020 performance has been broadly in line with expectations and there has been no significant operational impact from COVID-19 to date,' the company said.
 
The company kept its guidance unchanged.
 





Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.