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Sam Darwish’s IHS reports $440 million in Q1 2025 revenue
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Sam Darwish’s IHS reports $440 million in Q1 2025 revenue
Key PointsIHS posted $439.6 million in Q1 2025 revenue, up 5.24% year-on-year, powered by strong organic growth, lease escalations, and tenant additions.Net income reached $30.7 million, reversing a $1.56 billion loss, while adjusted EBITDA surged 36.4% to $252.6 million, reflecting operational resilience.The group added 800 sites and 1,375 tenants year-on-year, excluding asset sales, and targets up to $1.71B full-year revenue, aided by 5G rollo…
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