IHS Holding LimitedNYSE: IHS

IHS Holding remains a buy due to its advantageous competitive advantages stemming from unique locations and wide economies of scale. Nigeria's high inflation, unemployment, and infrastructure gaps are significant headwinds, though a slight GDP improvement offers some optimism. Q2 2024 saw a 20.3% YoY revenue decrease and an 11.9% YoY adjusted EBITDA decline, mainly due to a 64% devaluation of the Nigerian naira.

IHS Holding Limited (NYSE:IHS ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Naya Bermudez - Senior Manager, IR Sam Darwish - Chairman & CEO Steve Howden - CFO Conference Call Participants Jim Schneider - Goldman Sachs Jonathan Atkin - RBC Capital Markets Richard Choe - JP Morgan Maurice Patrick - Barclays Operator Good day, and welcome to the IHS Holding Limited Second Quarter 2024 Earnings Results Call for the Three Month Period Ended June 30, 2024. Please note that today's conference is being webcast and recorded.

LONDON--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2023 Sustainability Report. The report covers sustainability activities from January 1, 2023 to December 31, 2023, and is the second report prepared in accordance with the Global Reporting Initiative Standards and maps the company's sustainability initiatives to.

IHS Holding Limited (NYSE:IHS ) Q1 2024 Earnings Conference Call on May 14, 2024 at 8:30 AM ET with Company Representatives Colby Synesael, Sam Darwish, and Steve Howden, along with Conference Call Participants Richard Jones, Michael Rollins, Jon Atkin, David Lopes, and Stella Cridge. The call will discuss the earnings results for the first quarter of 2024, ending on March 31, 2024. Please be aware that the conference is being webcast and recorded.

IHS Holding Limited has announced that its financial results for the first quarter of 2024 will be released on Tuesday, May 14, 2024, at 6am ET (11am UK time). A conference call and webcast to discuss the earnings results will follow at 8.30am ET (13.30pm UK time) on the same day.

IHS Holding's stock performance has been disappointing, but its cash flows, revenues, and EBITDA continue to grow, suggesting it is undervalued. The company builds and leases cell towers in emerging markets, providing critical infrastructure for mobile communications coverage to approximately 780 million people. Nigeria's economic struggles don't seem to materially hurt fundamental performance of IHS Holding.

IHS Holding Limited (IHS) Q4 2023 Earnings Call Transcript

IHS Holding (IHS) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $0.82 per share a year ago.

IHS Holding's (IHS) strategic efforts align with the digital economy objectives of the federal government of Nigeria.