O’Brien firm doubles its profit margin

Profit margins at Digicel, Denis O’Brien’s Caribbean telecoms company, more than doubled in the second quarter of last year, according to documents sent to the company’s bond holders.

4th February, 2006

Profit margins at Digicel, Denis O’Brien’s Caribbean telecoms company, more than doubled in the second quarter of last year, according to documents sent to the company’s bond holders.

They show that Digicel had a profit margin of almost 45 per cent - before interest, tax, depreciation and amortisation - in the three months to the end of September last. The margin was up almost 250 per cent compared with...

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