Airtel Africa Profit Rises to US$452 Million
Airtel Africa profit rose to US$452 million on revenue of US$3.82 billion for the six months to 30 September 2026, with Nigeria revenue up 45% in dollars. The post Airtel Africa Profit Rises to US$452 Million appeared first on The Rio Times .
Airtel Africa reported a sharp increase in profit for the six months ending September 30, 2026, with underlying EBITDA rising 32.8% to US$1.92 billion, up from US$1.43 billion a year earlier. Revenue grew 28.2% to US$3.82 billion, while operating profit increased 34.2% to US$1.29 billion. Mobile money revenue climbed 34.8% to US$840 million, driven by a 22.4% rise in customers using the service.
The stronger Nigerian naira boosted local-currency revenues by 27.0% to US$3.51 billion. Capital spending doubled to US$657 million, and net debt fell to US$5.87 billion, or 1.6 times underlying EBITDA. The company paid a 3.1 US cent interim dividend, up 9.2%. Despite the growth, the report noted potential challenges from fuel costs and currency fluctuations.
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