Nextdc Ltd (ASX:NXT)

A$ 17.67 0.05 (0.28%) Market Cap: 10.63 Bil Enterprise Value: 11.48 Bil PE Ratio: 0 PB Ratio: 4.11 GF Score: 82/100

Half Year 2019 NEXTDC Ltd Earnings Call Transcript

Feb 26, 2019 / 10:30PM GMT

Release Date Price: A$6.94 (-1.67%)

Transcript

Operator

Thank you for standing by, and welcome to the NEXTDC Limited for First Half 2019 Results Announcement Conference Call. (Operator Instructions) I would now like to hand the conference over to Mr. Craig Scroggie, CEO. Please go ahead.

Craig Scroggie

NEXTDC Limited - CEO, MD & Executive Director

Thanks Jody. Good morning, ladies and gentlemen. Welcome to the NEXTDC results presentation for the first half of the 2019 financially year. I'm joined here today in Sydney with our CFO, Oskar Tomaszewski.

We begin on Slide 2, we're very pleased to present another set of record results with total revenue over $90 million and underlying EBITDA of more than $42 million for the half. Contracted utilization grew strongly on the back of what was our largest ever sales half. We finished [December] with more than 50 megawatts under contract.

Our ecosystem continues to expand. We added more than 2,500 interconnections over the past 12 months to finish the first half with almost 10,000, which is up 34% in the same period a year ago.

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