24/7 Market News Snapshot 18 March, 2025 – IHS Holding Limited (NYSE:IHS)
DENVER, Colo., 18 March, 2025 (247marketnews.com) – (NYSE:IHS) are discussed in this article.
IHS Holding Limited has experienced a significant rise in its stock price today, opening at $4.05 and reaching a current trading level of $4.505, reflecting a robust increase of 15.22%. This positive momentum follows a previous session close of $3.91, highlighting strong bullish sentiment among investors. With a trading volume of 797.42K, the heightened interest indicates a potential breakout as the price moves away from the established support level. Analysts are advised to monitor subsequent resistance levels and potential profit-taking activity, though the current volume suggests that sustained momentum may persist as investor confidence grows. Thus, IHS presents a compelling opportunity for discerning investors.
In addition, the company has disclosed its financial results for the fourth quarter and full year ending December 31, 2024. Total revenue for the fourth quarter stood at $437.8 million, increasing by 4.2% from the preceding quarter despite a year-on-year decline of 14.1%, primarily due to the significant depreciation of the Nigerian Naira against the U.S. dollar, affecting foreign revenue translation. However, organic growth for the period soared by 39.3%, driven by strong performances in colocation services and new site agreements.
Adjusted EBITDA amounted to $246.4 million, yielding a margin expansion to 56.3%, demonstrating IHS’s effective cost management alongside solid revenue streams. The quarter also marked a profit of $243.1 million, contrasting sharply with a loss in the prior year, largely due to unrealized foreign exchange gains.
Looking to the future, IHS anticipates a promising growth trajectory for 2025, projecting an organic revenue growth of roughly 12%. The company is strategically positioned to leverage increasing demand for communications infrastructure, supporting the expansion of 5G networks across its operational regions. Overall, IHS remains committed to enhancing shareholder value through strategic initiatives and industry leadership.
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