Cordiant Digital Infrastructure reports strong Q1 revenue and EBITDA growth

Published 18/09/2025, 08:58
© Reuters.

Investing.com -- Cordiant Digital Infrastructure Ltd (LON:CORD) on Thursday reported a 9% increase in aggregate portfolio revenue to £85.3 million and a 9.6% rise in EBITDA to £41.3 million for the three months ending June 30, 2025.

The growth figures represent like-for-like, constant currency increases and include the addition of Datacenter United (DCU), which was added to the portfolio in March 2025.

Breaking down the performance by asset, Emitel generated revenue of PLN174.1 million (£34.47 million) and EBITDA of PLN117.26 million (£23.4 million), growing 8.3% and 7.3%, respectively.

CRA delivered revenue of CZK701.1 million (£23.9 million) and EBITDA of CZK347.5 million (£11.9 million), with growth of 1.2% and 2.3%, respectively.

Speed Fibre Group generated €22.4 million (£19.1 million) in revenue and €6.8 million (£5.7 million) in EBITDA, representing growth of 3.4% and 11.1%, respectively.

Hudson Interxchange saw its revenue increase by 4.7% to $5.8 million (£4.4 million), while its EBITDA remained negative at -$0.8 million (-£0.6 million).

The company maintained its AFFO dividend cover at 1.7x, unchanged from the year-end figure.

On the balance sheet, Cordiant held £217.9 million in liquidity as of June 30, 2025, pro-forma for the BT Ireland acquisition and the DCU syndication.

Net debt stood at £686.2 million on a fully look-through basis, equivalent to 40.8% net debt to GAV, with no major refinancing required until June 2029.

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