Q1 2019 NOS SGPS SA Earnings Call Transcript
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Hi, good afternoon. Welcome to our first quarter 2019 results conference call. As usual, we have the full executive committee in the room. José Pedro Pereira da Costa, the CFO, will give a brief overview of the results, and then we'll jump straight into Q&A.
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Thank you, and good morning, everyone. Thank you for attending today's call. Let us start with the Slide 2 in the presentation where we show the highlights of the quarter.
So we believe we have posted a solid Telco revenue growth of 1.1%, offsetting a weaker quarter for the Cinema & Audio businesses. This revenue growth has translated well into EBITDA growth of 2.1% at the group level and 2.6% at the Telco business level. Our operational performance reflects a more mature market environment and higher levels of penetration, and we will come back to these points later in the
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