Millicom International Cellular SA SEDR
TIGO SDB: XSTO (SWE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SEK 413.00 | Bmlrvt | Bxsyxvc |
Millicom Earnings: Profitability Takes Another Step Forward
Millicom provided a glimpse of its potential during the first quarter, as aggressive cost-cutting delivered a sharp increase in profitability. The Guatemalan business, Millicom’s most important, delivered revenue growth for the first time in more than a year, giving an early indication that America Movil is backing off in its aggressive push for market share. We’re increasing our fair value estimate to $34 from $30.