Airtel Africa PLC (NSA:AIRTELAFRI)
₦ 2200 0 (0%) Market Cap: 7.96 Tn Enterprise Value: 16.31 Tn PE Ratio: 0 PB Ratio: 2.46 GF Score: 58/100

Q1 2022 Airtel Africa PLC Earnings Call Transcript

Jul 28, 2022 / 11:00AM GMT
Release Date Price: ₦1905.4
Operator

Good day, ladies and gentlemen, and welcome to the Airtel Africa Q1 Conference Call. (Operator Instructions) Please note that this call is being recorded. I'd now like to turn the conference over to Segun Ogunsanya. Please go ahead, sir.

Olusegun Ogunsanya
Airtel Africa Plc - MD, CEO & Director

Thank you for joining us on today's call. I'm generally aligned by CFO, Paul Jaideep and our Deputy CFO, our Head of Investor Relations, Pier. We're going to be answering your questions. But first, I would like to provide you with a brief overview of the quarter -- first quarter. We have posted very decent of our with group revenues reaching $1.257 million, giving us a year-on-year constant currency growth rate of over 15% . When accounting for the specific challenges from called barring in Nigeria and the lot of commercial revenues from (inaudible) that we saw last year.

The organic underlying growth is at 19%. Despite the inflationary challenges, we continue to improve our EBITDA margin to 48.8%, giving us an EBITDA for the quarter of $614 million, which

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