Q3 2019 NOS SGPS SA Earnings Call Transcript
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Hi, good afternoon. Welcome to our third quarter 2019 results conference call. As usual, José Pedro Pereira da Costa will go through a brief presentation of the highlights of the results, and then we'll be available for Q&A with other members of the ExCom.
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Thanks, Maria, and good morning, everyone. As usual, we will follow the slides of the results presentation. And starting with Slide 2. We would like to highlight main messages for this quarter. We had a pickup on consolidated revenue growth of 2.1% year-on-year driven by a solid Telco revenue growth of 1.1% and a record quarter for the Cinema and audio units. This revenue growth translated to EBITDA growth of 3.4% at the group level, 2.8% at the Telco level. As it has been the case in previous quarters, well above revenue growth and continuing to drive margin expansion.
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