Etisalat 2Q2016 earnings beat on strong UAE revenue and margins
Revenue – AED13,326mn, +2% Y-o-Y, +4% Q-o-Q, +3% vs. EFGe EBITDA margin – 51.0%, -0.9pp Y-o-Y, +1.0pp Q-o-Q, +1.5pp vs. EFGe Net income – AED2,315mn, +51% Y-o-Y, +16% Q-o-Q, +16% vs. EFGe Etisalat’s 2Q16 earnings came in 16% a
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