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InterXion Holding NV, a leading European provider of carrier and cloud-neutral colocation data centre services, announced its results for the three months ended 30 June 2018.
Financial Highlights Revenue increased 15% to 138.8 million (2Q 2017: 120.8 million). Net income decreased 94% to 0.6 million (2Q 2017: 9.7 million) and was impacted by 11.2 million (pre-tax) of one-off charges related to the recently completed refinancing. Adjusted EBITDA increased by 17% to 63.4 million (2Q 2017: 54.3 million). Adjusted EBITDA margin increased to 45.7% (2Q 2017: 45.0%). Adjusted net income decreased by 6% to 8.9 million (2Q 2017: 9.4 million), which includes higher share-based payment charges. Earnings per diluted share decreased by 94% to 0.01 (2Q 2017: 0.13) and was impacted by one-off charges related to the recently completed refinancing. Adjusted earnings per diluted share decreased by 6% to 0.12 (2Q 2017: 0.13). Capital expenditures, including intangible assets, were 120.5 million (2Q 2017: 56.4 million). Refinanced 875 million of secured debt with 1 billion in unsecured Senior Notes due 2025 and a new 200 million unsecured revolving credit facility. Operating Highlights Equipped space increased by 3,700 square metres in the second quarter to 132,600 square metres. Revenue generating space increased by 2,100 square metres in the second quarter to 106,200 square metres. Utilisation rate at the end of the second quarter was 80%. During the second quarter, Interxion completed the following capacity additions: 1,200 sqm expansion in Dublin;...