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  • CIEL LIMITED REPORTS FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019

    1 Oct 2019

    Group revenue for the year ended 30 June 2019 rose by 7 % to MUR 24.21bn (2018: MUR 22.61bn) and Normalised Earnings before Interest, Taxes, Depreciation and Amortisation (‘EBITDA’) recorded a double-digit increase of 17% to reach MUR 3.44bn (2018: MUR 2.95bn). This led to an EBITDA margin of 14.2%, a 1.1 percentage point gain over the previous financial year. The Group net interest bearing debt was maintained at MUR 15.5bn as at 30 June 2019 (June 2018: MUR 15.5bn).

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