Cell C publishes pro forma financials after Comm Equipment Company merger

Reuters2026/08/21 08:10

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Cell C released pro forma results for the 12 months ended May 31, 2026, reflecting the integration of Comm Equipment Company (CEC).
Revenue rose to R 12.64 billion from R 11.14 billion, supported by prepaid discount normalisation, wholesale momentum, CEC consolidation.
Adjusted EBITDA increased 17% to R 2.38 billion, while IFRS EBITDA jumped to R 5.51 billion on restructuring-related loan write-off gains.
Net debt fell 64% to R 2.02 billion, driving net debt-to-EBITDA down to 1.56x from 4.29x.
Free cash flow totaled R 1.06 billion, while capex reached R 1.15 billion with R 810 million of cash capex.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cell C Pty Ltd. published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cell C publishes pro forma financials after Comm Equipment Company merger

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