GlobalConnect continued its momentum in the fiber-to-the-home (FTTH) rollout and saw an increased appetite for connectivity solutions from enterprises and public institutions in 2021. The group’s revenue amounted to EUR 609m in 2021, an organic increase of 2.5% compared to previous year. Profitability also increased by 9.3% as the adjusted EBITDA improved to EUR 307m (50.4%) from EUR 272m (47.2%) the year before.
The majority of the EUR 479m investments enabled digital infrastructure expansion, access to homes and businesses as well as expanding backbone reach and capacity. By the end of 2021 GlobalConnect’s own fiber network reached 97,000 km, covering all major and regional routes in the Nordics.
This year’s annual report also includes GlobalConnect’s 2021 Sustainability report, summarizing the group’s efforts and results for the year within the field of sustainability. To learn more about GlobalConnect’s 2021, download the full annual report below.