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00001 CKH HOLDINGS
RTNominal up38.200 +0.400 (+1.058%)
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16/03/2018 16:53

3 Group Europe EBITDA up 28% to HK$24.34bn in 2017

[ET Net News Agency, 16 March 2018] CK Hutchison Holdings (00001) said in its annual
results announcement for the year ended 31 December 2017 that 3 Group Europe's EBITDA and
EBIT amounted to HK$24,337 million and HK$16,567 million, an increase of 28% and 29% from
a year earlier.
3 Group Europe's revenue was HK$70,734 million, up 13% year-on-year.
3 Group Europe was the largest growth contributor to the Group's earnings in the year
and continued to report healthy growth in EBITDA margin to 41%, primarily through
improvements in customer service margins and disciplined spending. All 3 Group Europe
operations continued to deliver positive EBITDA less capital expenditure in 2017. (HL)

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