Ihs Holding Limited Stock Price, News & Analysis

IHS Holding Limited (NYSE: IHS) reported strong Q1 2025 financial results with notable growth across key metrics. Revenue increased 5.2% year-on-year to $439.6 million, driven by organic growth of 25.6%. Adjusted EBITDA grew 36.4% to $252.6 million, with margin expanding to 57.5%. The company posted a profit of $30.7 million, compared to a loss of $1.56 billion in Q1 2024. Cash from operations more than doubled to $216.3 million, while Adjusted Levered Free Cash Flow surged 247.7% to $149.9 million. The company announced an agreement to sell IHS Rwanda for an enterprise value of $274.5 million. IHS maintained its tower infrastructure growth with 39,212 towers and 59,606 tenants, achieving a colocation rate of 1.52x. Management reiterated its full-year 2025 guidance, projecting revenue of $1.68-1.71 billion and Adjusted EBITDA of $960-980 million.

IHS Towers (NYSE: IHS) has agreed to sell its Rwanda operations, consisting of approximately 1,465 sites, to Paradigm Tower Ventures. The transaction values the business at an enterprise value of $274.5 million, representing a multiple of 8.3x adjusted EBITDA after leases. This valuation reflects a significant premium compared to IHS Towers' current group valuation.

The deal, expected to close in the second half of 2025, is subject to customary closing conditions, including government and regulatory approvals. IHS Towers has operated in Rwanda for over 10 years, developing a successful shared communications infrastructure business.

IHS Holding Limited (NYSE: IHS) has scheduled the release of its first quarter 2025 financial results for Tuesday, May 20, 2025, at approximately 6:00 AM ET (11:00 AM UK time). The company will host a conference call and webcast to discuss these results at 8:30 AM ET (1:30 PM UK time) on the same day.

Interested participants can join the conference call using the following dial-in numbers: +1 646 233 4753 (U.S./Canada) or +44 20 3936 2999 (UK/International) with call ID 013682. A webcast option is also available for those who prefer to join online.

IHS Holding (NYSE: IHS), also known as IHS Towers, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the Securities and Exchange Commission on March 18, 2025.

The annual report is accessible through multiple channels, including the company's investor relations website at ihstowers.com/investors and the SEC's website at www.sec.gov. Shareholders can request a complimentary hard copy of the annual report, which includes audited consolidated financial statements, by emailing investorrelations@ihstowers.com.

IHS Holding (NYSE: IHS) reported its Q4 and full year 2024 financial results, showing mixed performance. Q4 revenue reached $437.8 million, up 4.2% from Q3 2024 but down 14.1% year-on-year, with a 39.3% organic growth. The company achieved an Adjusted EBITDA of $246.4 million with a 56.3% margin.

Key Q4 highlights include:

• Income of $243.1 million, including $169.9 million in unrealized FX gains
• Adjusted Levered Free Cash Flow of $107.1 million
• Capital expenditure of $82.6 million, down 36.8% year-on-year
• Consolidated net leverage ratio of 3.7x

Strategic achievements include completing the disposal of IHS Kuwait stake at $230 million Enterprise Value, raising $1.2 billion through dual-tranche senior notes, and extending debt maturity profile. The company maintained strong tower metrics with 39,229 towers and 59,343 tenants, achieving a 1.51x colocation rate.

IHS Holding (NYSE: IHS) has announced the scheduled release of its fourth quarter and full year 2024 financial results. The earnings report will be published on Tuesday, March 18, 2025, at approximately 6:00 AM ET (10:00 AM UK time).

The company will host a conference call and webcast to discuss the Q4/FY24 results on the same day at 8:30 AM ET (12:30 PM UK time). Interested parties can access the conference call using the following dial-in numbers: +1 646 233 4753 (U.S./Canada) or +44 20 3936 2999 (UK/International) with call ID 519217.

IHS Holding (NYSE: IHS), one of the world's largest independent communications infrastructure operators, has completed the sale of its Kuwait operations to Zain Group. The transaction includes IHS Towers' 70% stake in IHS Kuwait , comprising approximately 1,675 owned sites and 700 managed sites in Kuwait. This divestment aligns with IHS Towers' ongoing strategic review focused on creating shareholder value.

IHS Towers has signed a definitive agreement to sell its 70% stake in IHS Kuwait to Zain Group. The deal includes approximately 1,675 owned sites and 700 managed sites in Kuwait. The transaction, valued at an enterprise value of $230 million, represents a multiple of 14.2x based on IHS Kuwait's estimated Adjusted EBITDA after leases. This multiple is notably higher than IHS Towers' current valuation. The deal is expected to close in the first half of 2025, subject to regulatory approvals. The proceeds will be primarily used to reduce company debt, aligning with IHS Towers' strategic review focused on shareholder value-creation.

IHS Holding (NYSE: IHS) has successfully priced a dual tranche senior notes offering totaling $1.2 billion. The offering consists of $550 million 7.875% Senior Notes due 2030 at 8.150% yield and $650 million 8.250% Senior Notes due 2031 at 8.500% yield. The company plans to use the proceeds to partially buyback its 2026 and 2027 Notes, repay a Group bilateral loan, cover transaction fees, and for general corporate purposes. Settlement is expected around November 29, 2024. A tender offer for the existing notes and consent solicitation for the 2027 Notes is ongoing, with completion expected around December 16, 2024.