IHS (US:IHS)2025-05-20 12:12Financial Performance - Revenue reached $440 million in 1Q25, representing a 5.2% year-over-year increase[13, 21] - Adjusted EBITDA stood at $253 million in 1Q25, a 36.4% increase compared to 1Q24, with a margin of 57.5%[13, 21, 29] - Adjusted Levered Free Cash Flow (ALFCF) was $150 million in 1Q25, a significant 247.7% increase year-over-year[13, 21, 34] - Capex decreased by 17.8% year-on-year to $44 million in 1Q25[13, 21] - Net leverage improved to 3.4x, a reduction of 0.4x compared to 1Q24's 3.8x[13, 21] Portfolio and Operations - The company has a global tower portfolio of 39,212 towers across Africa and Latin America[16] - The company built 87 towers in 1Q25, including 74 in Brazil[15] - The colocation rate increased to 1.52x in 1Q25, up from 1.49x in 1Q24[21] - Lease amendments increased by 6.9% to 39,705 in 1Q25[21] Guidance and Outlook - The company reiterated its 2025 revenue guidance of $1,680 million to $1,710 million[13, 49] - The company reiterated its 2025 Adjusted EBITDA guidance of $960 million to $980 million[13, 49] - The company reiterated its 2025 ALFCF guidance of $350 million to $370 million[13, 49]