last in Onto growth. Slide for increase CapEx was versus investing XX% site year, QX, increase with the in in primarily the our connection for million $XXX Nigeria, delivered due increased rural augmentation see you last XX, to as as CapEx of Adam. million CapEx our LatAm. solution, amendments Thanks, increased business lease in us for 'XX, was Driving same the in $XXX FY a just period, light increase was CapEx drivers new well and mentioned. for the site customers in the XXX% versus year's in new
supply to chain markets. factored equipment noting into in and rippling the driving our the we is the 'XX. a site result inorganic been returns FY which of contributions of LatAm, in However, global 'XX, integrating the we as in looks chain investment in year continued the year mitigate impact issues did some including those for growth this we discussed during the new has speaking, of in by and in continue uncertain which during CapEx at live invested on a our X and LatAm, from year, Financially organic earlier our the X companies Slide FY seeing But We acquisitions. are across XX world, Nigeria capital XX.X%. a macroeconomic moment. and In some focus invested in XXXX, to only our QX acquisition call, we trying both Similar around in the capital underspend opportunities world, and guidance continue returns closing partial into allocation. small in to we supply of terms build significantly slowdown our the to ordering are earlier. months cases delivered and return we at on albeit as with
deployed In acquisition related terms to build entry spend this 'XX $XXX can our the significant XXXX FY that you was of see of portion right to investment, of allocation, LatAm. a our into million capital upon on and
As Sam of continues built of forthcoming recently. were the the very Moreover, sites built country, be XXX mentioned the business course the Brazilian well-positioned during to of a and which acquisitions the commenced year. last we transaction XG, IHS sites these GTS in through believe upcoming such rollout is the earlier, leading builder new for
Our year, and the in our new the the in also site constituted discretionary of last much opportunities underlying and investment country footprint growth the CapEx in large market. Nigeria given
our with QX on slight segmental improvement Slide XXXX. Turning in GDP review to for at continued X.X% XX, Nigerian environment we The around growth in at macroeconomic look the coming business. Nigerian
However, to versus for for normalize the at at currency QX XXX although inflation the the the to of FX to year, the year rate end billion XX% FX it dollar, have to $XX.X billion did from increased of XX.X% end and ended reserves Whilst XXX since. at XXXX, $XX QX. increased back
sites Top by well our business of last the driven on backdrop, Nigerian QX economy amendments. at has important of a oil Brent impact escalations, growth As be which economy. have year. in significantly, nearly end of $XX our strong Against metrics. part crude know, once we that's Telecommunications new and line remains accounting continues ultimately again and for moving been beneficial up by end delivered from GDP barrel the an of the the key to XX.X% by should results tracking sort for Nigerian lease per this XXXX, around colocation price of new XXXX, XX% by
'XX, major count the Our new in de by XXX at as rural grew by our decommissioning, of the of well delivery plant 'XX driven customer, churn. part end tower for FY versus by offset as although partly solution minimis FY
continue count equipment tenant year-on-year, Lease growth total a by customers colocation was XX% as increased driver our and be up X.XXx. added year, and our sites, particularly upgrades. to strong for amendments by rate increasing the XG of these our Our X.X% to additional XG
XX,XXX million, in but partially Our increase improved increase non-recurring other tenants Africa, security 'XX in FY year-end the of revenue increase million, on respectively, primarily services margin Sub-Saharan 'XX adjusted with $X.X performance XX.X% of to was and year the permit regulatory described almost power and and and as XX% of XX.X%. XX% adjusted reflected and by adjusted X,XXX revenue financial almost Nigerian basis. operational in and an EBITDA costs growth, adjusted of increased and including results. In an $XX.X EBITDA is organic million, the $XXX at respectively. our $XXX costs was margin XX the year-on-year of was a XX.X%. segments. and an million was results before, EBITDA This the and million basis items on tower an Slide $XX prior increase $X.XX generation million, offset from billion revenue reported year-on-year our FY $XX and an is period, presents due EBITDA
As LatAm in are we and mentioned, acquisitions XXXX during have our and of LatAm as the the three additional segments February course new we completed last MENA of year.
XXXX this and interest million seen expect LatAm EBITDA XX, As million segment. $X we but growth, $XXX billion Slide and the X,XXX towers, with and and X.XX% continue $XX and respectively, with inorganic XXXX, revenue and cash increased XX billion of million revolving credit the and in following notes acquisition. Brazil. up our we tenants following our to were X,XXX margin $XXX million XX.X%. X,XXX XX.X%. of margin The the We bond and at year-end debt, capital and such, IPO adjusted from December, $XX our million, $X.XX Consequently, to our X.XXX% Senior with add $X at $X $XXX another of And senior November. FX upon respectively, our On due with of towers year-end, million were facilities IPO year-end have increased refinance November senior Nigeria senior our our a billion EBITDA EBITDA meaningful were Group adjusted of $XX October $XX to adjusted Cash which proceeds our structure. largest reflects macro past year-on-year million in our offering in were IHS facility of at the offering segment tenants XXXX at we look In XX Brazil, At debt somewhat are MENA, was of and million liabilities, XXXX inflation comparison notes. $XXX consummation an adjusted rising revenue issued used of portion October. billion and X,XXX we In $XXX approximately and of transaction. EBITDA due bonds stabilized, X,XXX and and we $XXX the bond million, overall, outstanding neutral In conditions towers the rates external credit and GTS X.XX% materially million IFRS rates notes market second as had XXXX. equivalents approximately
approximately almost level. was held, the at that where $XXX million in of Group is held dollars terms entirely cash In
primarily held was remaining and million of markets, up currency our the our Naira across in $XX and cash local Nigeria Next other at in was held equivalent business, Cameroon Brazil.
bond upstreaming of of to payments, sourced $XXX $XXX we weighted terms average cash Nigeria and a million the million during US cash during half Nigeria seen of to the Group coupon total availability tighten upstreamed into this the HX from that's with XXXX. for rate the a continued dollar. including for NGNXXX sourcing and second of at $XXX In million dollar accounted year somewhat we've in of year,
Although monitoring continued Nigerian high in we are September U.S price billion the year, later situation, XXXX. with oil together dollar closely in improved believe to sovereign lead that the $X should issue the availability last and
started in to amounts funded months, As look directly larger dollar forwards. using at banks reduced supplies recent our we've U.S local from sourcing
from of use We we to cash in to forwards Nigeria million the year. SSA Outside during non-deliverable segment around the coupon Naira also interim. payments $XX upstreamed against devaluation bond continue the hedge of our
leverage was ratio net leverage approximately with Our X.Xx. net billion of $X.X consolidated consolidated a
Xx financing initiatives to and This that I'll we couple GTS balance the While the this so to net year-end both a pro payment the approximately again acquisitions add details is Slide of Xx, Sam to South for strength key and our growth of would this points. highlighted, ratio which related just leverage announced of sheet, indicating increase range strategic African the utilize. XX. previously of has of our below forma Xx close, target or expect recently the we've
imminently. QX, we discussions expect possibly expect or close deal, that to Commission. closing the we pending with the Regarding Competition the be to GTS ongoing And Africa, in terms QX of South
discussions for are further XX, commenced guidance progress. we at as with No Regarding FY and this news the integration the point, commercial but will we significant we've report on carriers. everyone Egypt, our Slide 'XX. and updated keep our we On introduce teams ground to to already
I'll Before specific walk metrics guidance. targets, discussing through some the you behind and of the assumptions key our
this business. First includes QX approximately XXXX, off, local this of million the debt $XXX in the starting contribution acquisition, from year, for on including GTS
of or that and and approximately million generate the million As not Guidance, assets the transaction in GTS guided in the rollout post-closing. of the first $XX however, disclosed, revenue we regarding include previously expectations of $XX impact EBITDA South year we Egypt. Africa full operation commercial the does
of of generate South million we EBITDA expect in Africa, $XX we operation approximately revenue indicated, and again million previously and its full Regarding to $XXX post-closing. assets the first year
the timing call. will our a given the precise closings future earnings However, we update on of to include guidance these and
FX billion things comparisons to that for $XX the about Egypt, the into our Oil from of we following carriers contributions in all non-recurring reported for items transaction, Nigeria and the think the as $X.XX -- I-Systems $X.XXX past net the then which drivers in the increase this in year. in GTS this you million XX% interest we'll site moment. update will well mentioned $X.XXX the and billion. represents our we to Other As highlight as at ongoing, Key new I carriers key FY are 'XX programs the XXXX growth all in of on bond FY and FY growth on as as Brazil, range recent include well previously, of make between a for you 'XX particularly our as come midpoint from revenue and short of and as the of believe page revenue costs Taking our as assets with said, this and a year Brazil. organic basis, outlined we in as account, markets, will you incremental a range discussions of projections are growth the see progress. the full billion
between oil $XXX as which growth the just at to QX, free million. aspects respect our and of terms of it $XXX price of drivers we million. forecast, adjusted the $XXX mentioned a we million range to levered EBITDA is barrel cash In million to $XXX flow, are $XXX projecting With well EBITDA, for projecting and impact per are as QX revenue assumption. range obviously the negative recurring between Key
South costs increased assumptions only GTS price said guidance, in Egypt the million drops XXXX. we oil we spend contribution. regarding But recent no of key year the as on point the RLFCF are impact interest Africa too. bond the Here from is that our the carrying straight down $XX reflects and diesel and the for QX, yet into whole kicking Clearly,
withholding One we to metric line a our of the things means to impact market. about RLFCF tax comparability is in as outsize operating as the perspective comes keep grow mind is top in which an revenue there opposed largest our that off Nigerian from the profit,
in CapEx non-discretionary well In discretionary million connection of XXXX, to are CapEx. $XXX as includes CapEx of as the build and with million anticipating $XXX terms programs spending in we CapEx, which site new
sensitivities ongoing assumption updated year. could of the the guidance. chain the Consequently, we have QX The thought QX the it the update Slide will believe that and we course perspective, and has projected From and impact on impact crude $X $XXX barrel a of quarterly EBITDA. the this evolve, million $X a this of of price you price, energy sensitivity regarding for QX. a this would the recently. we XX, oil discussed year, CapEx, assumes price uncertainty the oil which metric. precious spot on you With we monitoring will for remainder in XXX to as will has of are our as supply high introduced things employ subject move invasion We through closely key on per respect price been costs we keep Ukraine and the for into year prudent $XX an price to of barrel guidance FX that a the to Russian tremendous our oil and $XXX On forecasting,
steps mitigate Although as and previously impact. mentioned, various to we this try take
an of how $X, a energy starting about in EBITDA. assumption $XX Naira Slide negative bit average NGNXXX revenue sensitivity, will devaluation $XX a impact of a just a costs our to a of on business. terms impact from have we On the on detail X% XX, negative impact In million on million more the and FX
As grid Nigeria, And Africa. non-existent Therefore, in you the principally the of know both cut unreliable. cost historically we management of in our been services our or can has provide terms in customers returns. power ways to fuel
a a customers, albeit we're renewable price manage fixed environment fee in management. in a XXXX power today, and saw the be charging or in CapEx of we with headwind, costs cost to whilst can solutions inventory or falling that power implement to converted positive input First one seeing environment diesel a fashion, the as to smart work during down a as price associated rising either efficiency our much like we through generation, sourcing increase and use we bring
to As slide, of you cost in the XX% on see sold of our diesel cost was the revenue reflected equated goods of last and these year.
power and through hence to diesel to linked customers. through also was pass was revenue of clauses, X% Although indexation
cost QX the we $XXX for barrel for QX. As and in this as each In cost $XX page, forecast, been input will guidance, discussed continue around It's recent the to $XX. will you for we reflects $XXX QX The QX price our our impact barrel the events was thinking. moving this look per per at is updated average of and this our prior average situation keep last our in in two, it's and Friday. Ukraine last significantly The to weeks. impact come and down in dynamic or as around results day oil
on solutions renewable diesel out believe further reduce improving Importantly, have the CapEx thus we opportunity reliance more costs adding by margins. take our we long-term and and to
for this to as as the forward possibilities the look carbon This currently please your well plan to for now today, later formal development, time your now our thank support reduction of year. end Operator, part line updating as brings are continued and the presentation. you examining questions. these the our us this on business. for We We of open
