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AAF Airtel Africa Plc

143.70
-0.70 (-0.48%)
Last Updated: 10:02:47
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Airtel Africa Plc LSE:AAF London Ordinary Share GB00BKDRYJ47 ORD USD0.50
  Price Change % Change Share Price Shares Traded Last Trade
  -0.70 -0.48% 143.70 431,643 10:02:47
Bid Price Offer Price High Price Low Price Open Price
143.50 143.80 144.20 142.80 143.10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication USD 5B USD 761M USD 0.2064 6.92 5.32B
Last Trade Time Trade Type Trade Size Trade Price Currency
10:04:11 O 5 143.7993 GBX

Airtel Africa (AAF) Latest News

Airtel Africa (AAF) Discussions and Chat

Airtel Africa Forums and Chat

Date Time Title Posts
30/1/202508:12Airtel Africa686
29/9/202419:29Airtel Africa10

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Airtel Africa (AAF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:04:12143.8057.19O
10:03:20143.50400574.00O
10:03:15143.756999.19O
10:02:47143.70458658.15AT
10:02:47143.70559803.28AT

Airtel Africa (AAF) Top Chat Posts

Top Posts
Posted at 03/2/2025 08:20 by Airtel Africa Daily Update
Airtel Africa Plc is listed in the Radiotelephone Communication sector of the London Stock Exchange with ticker AAF. The last closing price for Airtel Africa was 144.40p.
Airtel Africa currently has 3,686,583,933 shares in issue. The market capitalisation of Airtel Africa is £5,268,128,440.
Airtel Africa has a price to earnings ratio (PE ratio) of 6.92.
This morning AAF shares opened at 143.10p
Posted at 21/1/2025 21:03 by akb44
Is there anything other than Mr Market causing the recent price increase trend?
Posted at 23/12/2024 11:44 by saltaire111
Happy Christmas to shareholders:

London and Lagos, 23 December 2024: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces the commencement of a second share buyback programme that will return up to $100 million to shareholders.

The share buyback reflects the Board's confidence in the Company's continued growth potential, the strength of its balance sheet and the consistent cash accretion at the holding company level. Furthermore, the buyback remains in line with the Company's existing capital allocation policy. The programme will be executed in accordance with applicable securities laws and regulation.

The share buy-back programme is expected to be phased over two tranches, with the first tranche commencing today and anticipated to end on or before 24 April 2025. The first tranche will amount to a maximum of $50 million. The Company has entered into an agreement with Barclays Capital Securities Limited ("Barclays") to conduct the first tranche of the buy-back and carry out on-market purchases of its ordinary shares with the Company subsequently purchasing its ordinary shares from Barclays. Under this agreement, Barclays will act as riskless principal and will make decisions independently of the Company.

The sole purpose of the buy-back programme is to reduce the capital of the Company. As such, all shares purchased under the buy-back programme will be cancelled.
Posted at 27/11/2024 17:00 by bosbus
S111
5 recent RNS purchases by SBM and family. Not sure what the total is but it appears to show serious confidence in the company.
Where does all the discussion about AAF happen? Hardly ever any posts here. I'm a LTH and slightly underwater atm
Posted at 25/10/2024 10:17 by martinmc123
4*
Airtel Africa posted solid HY numbers this morning reporting sustained operating momentum reflecting continued execution against a significant growth opportunity. The total customer base grew by 6.1% to 156.6 million which fuelled strong financial performance. Revenue in constant currency grew by 19.9% in H1'25 with growth accelerating to 20.8% in Q2'25 driven by an acceleration of growth in Nigeria to 38.2% and in Francophone Africa to 9.0%. However, profitability was impacted by a substantial increase in fuel prices across markets and the lower contribution of Nigeria to the Group after the naira devaluation contributed to a decline in EBITDA...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/AAF/913
Posted at 09/5/2024 07:04 by qs99
Still a massive write off on Forex issues, until that is sorted, Imo sort of relying on share buybacks to keep share price up? Views? DYOR
Posted at 15/4/2024 17:06 by 5teadyeddie
Just looked at this for the first time. Tricky analysis: AAF earns income in depreciating currencies and pays for the infrastructure in hard currencies. FY23 accounts shows its debt is two-thirds in USD, but probably that will fall when the $550m of head office debt is paid down in May.

This problem will not go away as their expectation is for technology obsolescence every ten years so a new round of capex - importing the latest tech - will be needed in hard currency again.

YoY revenues in constant currencies are rising strongly, but it doesn't appear to have the ability to raise rates easily in Nigeria, where the black market rate FX and market FX rates have recently been equalised, halving the balance sheet value of AAFs assets. Are the market rates and black market rates already diverging again? Who knows?

Nigeria is 40% of revenues and similar shares of EBITDA and capex.

Also, I don't know how they lost $245m on their FX hedges: I'd have expected them to pay out when the currency was devalued?? Unless this is a loss on the translation of their foreign assets into USD after devaluation, and is just inaccurately described?

Too complicated/difficult for me to invest...
Posted at 19/2/2024 11:22 by jane deer
Tiger. I can’t say I know what the market is afraid of but I can say what worries me (and stops me adding to my position at present):

1). AAF $debt. While the holdco $ debt is likely to be repaid in a few months (I think enough cash is already sitting there to pay it off), there is also significant debt at the local companies. Over time, AAF has been trying to move this into local currencies. The one subsidiary where I believe (DYOR) there is still aa significant amount of USD denominated debt is Nigeria, where I seem to remember reading that 20% of the debt was still USD denominated.


2). The scale of the devaluation of the Naira will clearly be inflationary. AAF’s costs (in Naira) will be increasing sharply. I am unclear if they have the ability to increase pricing proportionately - to what exent do they need approval from regulator/ Govt?


I am interested in adding but I need to get comfortable on these two points.
Posted at 19/2/2024 10:12 by tigerbythetail
I forget the percentage (dig in the annual report if you need the exact number), but it's quite a bit - Nigeria is AAF's biggest market by a distance.
What puzzles me is the devaluation of the naira (to the black market rate) is a one-off hit. And a sensible long-term economic reform.
All in all, I want exposure to the growth possibilities of a huge and vibrant (if chaotic) African market like Nigeria. So I don't get this share price movement at all - AAF is down 30% in a month. Happy to buy for the long term at these levels, though, so not complaining!
Posted at 18/2/2024 13:43 by tigerbythetail
I don't get this at all. The black market rate of the Nigerian naira was always the "true" rate, and the official rate was always fundamentally artificial.
The new President in Nigeria has devalued the official naira rate so that it now matches the black market rate - IMO a sensible economic reform.
Why on earth has this caused a massive plunge in AAF's share price? As far as I can tell, nothing about the business has essentially changed!
Oh, and a $100m buyback is roughly 2% of all shares in issue. Yes, that will make a difference.
Posted at 05/2/2024 14:55 by welshblade1
Why such a bad few weeks with this share price. Results seemed ok..
Airtel Africa share price data is direct from the London Stock Exchange

Airtel Africa Frequently Asked Questions (FAQ)

What is the current Airtel Africa share price?
The current share price of Airtel Africa is 143.70p
How many Airtel Africa shares are in issue?
Airtel Africa has 3,686,583,933 shares in issue
What is the market cap of Airtel Africa?
The market capitalisation of Airtel Africa is GBP 5.32B
What is the 1 year trading range for Airtel Africa share price?
Airtel Africa has traded in the range of 90.35p to 148.00p during the past year
What is the PE ratio of Airtel Africa?
The price to earnings ratio of Airtel Africa is 6.92
What is the cash to sales ratio of Airtel Africa?
The cash to sales ratio of Airtel Africa is 1.05
What is the reporting currency for Airtel Africa?
Airtel Africa reports financial results in USD
What is the latest annual turnover for Airtel Africa?
The latest annual turnover of Airtel Africa is USD 5B
What is the latest annual profit for Airtel Africa?
The latest annual profit of Airtel Africa is USD 761M
What is the registered address of Airtel Africa?
The registered address for Airtel Africa is FIRST FLOOR, 53/54 GROSVENOR STREET, LONDON, W1K 3HU
What is the Airtel Africa website address?
The website address for Airtel Africa is www.airtel.africa.com
Which industry sector does Airtel Africa operate in?
Airtel Africa operates in the RADIOTELEPHONE COMMUNICATION sector

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