Partner Communications Reports Second Quarter 2020 Results¹
Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share (PTNR)
US:NASDAQ Investor Relations:
partner.co.il/ir-en
Company Research
Source: Business Wire
ADJUSTED EBITDA2 TOTALED NIS 200 MILLION NET DEBT2 TOTALED NIS 658 MILLION AT QUARTER ENDPARTNER TV SUBSCRIBER BASE REACHES 220 THOUSAND AS OF TODAY PARTNER’S FIBER OPTIC INFRASTRUCTURE REACHES OVER 657 THOUSAND HOUSEHOLDS ACROSS ISRAEL AS OF TODAYSecond quarter 2020 highlights (compared with second quarter 2019)Total Revenues: NIS 774 million (US$ 223 million), a decrease of 1%Service Revenues: NIS 616 million (US$ 178 million), a decrease of 4%Equipment Revenues: NIS 158 million (US$ 46 million), an increase of 14%Total Operating Expenses (OPEX)2: NIS 456 million (US$ 132 million), a decrease of 3%Adjusted EBITDA²: NIS 200 million (US$ 58 million), a decrease of 7%Adjusted EBITDA Margin2: 26% of total revenues compared with 27%Profit for the Period: NIS 7 million (US$ 2 million), an increase of 133%Net Debt: NIS 658 million (US$ 190 million), a decrease of NIS 307 million Adjusted Free Cash Flow (before interest)2: NIS 44 million (US$ 13 million), an increase of NIS 13 millionCellul
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