GlobalConnect Reports Strong Revenue and Profit Growth in 2022
Digital infrastructure and connectivity provider GlobalConnect reported strong growth in revenue and profitability in 2022, despite a turbulent global landscape. Its revenue grew by 16% compared to previous year, to reach 7.2 billion SEK, while profitability (Adj. EBITDA) increased by 16.9% to 3.6 billion SEK with a 50.8% margin. GlobalConnect’s investments amounted to 9.2 billion SEK and its annual growth was driven by acquisitions, the Fiber-To-The-Home (FTTH) build-out, and by organic growth across all business areas.The 2022 annual report shows how GlobalConnect solidified its position