CIEL (Mauritius) EBITDA margin increases marginally to 15.1% in FY2021

By Published On: October 1st, 2021Categories: Corporate announcement, Earnings

CIEL Limited (CIEL.mu) 2021 Abridged Report

Group Results

The decisive actions taken by CIEL in response to the global pandemic in early 2020 have enabled the Group to emerge stronger and leaner out of the crisis. Group revenue of MUR 17.9 bn and EBITDA of MUR 2.7 bn resulted in an EBITDA margin of 15.1% for the financial year ended 30 June 2021 (2020: 14.6%), despite revenue that has not yet fully recovered to pre-pandemic levels. CIEL’s profit after tax for the year s