MTN Group reported a contraction in its earnings before interest, tax, depreciation and amortisation (Ebidta) margin to 40% during the first half of 2021, compared with 49.7% in June 2020. In constant currency terms and excluding the effects of one-off items, the margin expanded by 1.6 percentage points to 44.8%, driven by the 1.5, 1.8 and 0.9 percentage point improvements from MTN South Africa, MTN Nigeria and MTN Ghana respectively.
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