GTH 4Q2015 earnings -excluding one-offs- show some improvement, but Algeria is a setback
Revenue – USD710 million, -10% Y-o-Y, -3% Q-o-Q, -3% versus EFGe EBITDA margin – 41.5%, +3.7pp Y-o-Y, -4.9pp Q-o-Q, -4.5pp versus EFGe Net loss – USD12 million, versus 4Q2014 net loss USD154 million, versus 3Q15 net loss USD32 m
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