Helios Towers, a leading telecom infrastructure company in Africa and the Middle East, shows strong growth potential due to high market barriers and increasing mobile connectivity demand. The company boasts a solid customer base with blue-chip clients, ensuring stable cash flow and reducing counterparty risk. Improved EBITDA margins and positive commercial momentum, driven by colocations on existing towers, highlight strong financial performance and future growth prospects.
Helios Towers' net debt is manageable, with a strong EBITDA and most revenue in hard currencies, reducing FX risk. HTWSF aims to increase its tenancy ratio and EBITDA, projecting a 10% growth in adjusted EBITDA for 2025. Helios Towers offers a compelling investment with a 14-15% free cash flow yield and plans for debt reduction to 3.5x EBITDA by 2025.
Helios Technologies, Inc. (NYSE:HLIO ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Tania Almond - Vice President, Investor Relations & Corporate Communications Sean Bagan - Interim President, Chief Executive Officer & Chief Financial Officer Conference Call Participants Mig Dobre - Baird Chris Moore - CJS Securities Nathan Jones - Stifel Jeff Hammond - KeyBanc Capital Markets Jon Braatz - Kansas City Capital Operator Ladies and gentlemen, greetings, and welcome to the Helios Technologies Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in the listen-only mode.
The headline numbers for Helios Technologies (HLIO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Helios Technologies (HLIO) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.44 per share a year ago.
Helios Technologies (HLIO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Helios Towers' H1 results show a 20% EBITDA growth, with $206M adjusted EBITDA on $390M revenue, despite a net loss of $25M due to tax inefficiencies. The underlying sustaining free cash flow was approximately $54M, translating to $0.051/share, or almost 3.9 pence per share, highlighting strong cash flow generation. Upgraded guidance for 2023 includes organic tenancy additions and adjusted EBITDA of $410-420M, with portfolio free cash flow expected at $280-290M.
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
NEW YORK, NY / ACCESSWIRE / August 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.
NEW YORK, NY / ACCESSWIRE / August 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Helios Technologies, Inc. ("Helios") (NYSE:HLIO) concerning possible violations of federal securities laws. Helios formally announced on July 9, 2024, that Josef Matosevic, who serves as the Company's President, Chief Executive Officer, and Director, was placed on an immediate paid leave, effective retroactively from July 1, 2024.