Cordiant Digital Infrastructure Reports Strong Q1 Revenue and EBITDA Growth

Cordiant Digital Infrastructure Ltd (LSE:CORD) has reported robust results for the first quarter ending 30 June 2025, with aggregate portfolio revenue rising 9% to £85.3 million and EBITDA increasing 9.6% to £41.3 million. These like-for-like, constant currency growth figures include the addition of Datacenter United (DCU) to the portfolio in March 2025.

Breaking down performance by asset:

  • Emitel generated revenue of PLN 174.1 million (£34.47 million) and EBITDA of PLN 117.26 million (£23.4 million), up 8.3% and 7.3% respectively.
  • CRA posted revenue of CZK 701.1 million (£23.9 million) and EBITDA of CZK 347.5 million (£11.9 million), growing 1.2% and 2.3% respectively.
  • Speed Fibre Group recorded €22.4 million (£19.1 million) in revenue and €6.8 million (£5.7 million) in EBITDA, up 3.4% and 11.1%.
  • Hudson Interxchange saw revenue rise 4.7% to $5.8 million (£4.4 million), while EBITDA remained negative at -$0.8 million (-£0.6 million).

The company maintained an AFFO dividend cover of 1.7x, consistent with year-end levels. On the balance sheet, Cordiant held £217.9 million in liquidity, pro-forma for the BT Ireland acquisition and DCU syndication. Net debt stood at £686.2 million on a fully look-through basis, representing 40.8% net debt to GAV, with no significant refinancing requirements until June 2029.

About Cordiant Digital Infrastructure

Cordiant Digital Infrastructure Ltd is a leading owner and operator of digital infrastructure assets, including data centres, telecom towers, and fibre networks. The company focuses on stable, long-term cash flow generation through portfolio growth and strategic acquisitions across Europe and beyond.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

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