Q3 2024 NOS SGPS SA Earnings Call Transcript
Key Points
- Nos Sgps SA (FRA:PMV) reported a strong quarter with revenue growth of over 6% year-on-year.
- The company achieved a 6.3% growth in EBITDA, reflecting efficient cost control.
- CapEx continues to decline, showing a 4.9% decrease, which aligns with the company's strategic goals.
- Free cash flow increased significantly, driven by operational cash flow expansion and one-off effects.
- Nos Sgps SA has achieved 99% 5G coverage across Portugal, being the first operator to reach 100% of Portuguese municipalities.
- There was a 1.7% negative growth in the audiovisuals and cinema segment.
- OpEx increased by 5.9%, driven by higher IT and project costs, as well as increased energy tariffs.
- Content costs rose due to premium services, impacting overall expenses.
- The number of cinema tickets sold decreased by 5.3% year-on-year, affecting revenue in that segment.
- Potential pricing pressure is expected next year due to market competition and new entrants.
Hi, good morning everyone.
Thank you for joining the call today. I'll go briefly through the results of the quarter and then we'll go into Q&A as mentioned by me as well. So maybe three key messages to start off. As you've probably seen in our results, you know, the execution on our strategy is really materializing in a very strong business momentum and that reflects obviously in healthy financial results, we continue to grow our market share of retail revenues driven a lot by our mobile market share, but also for from the growth in both fixed and convergent customer base. And then, you know, summing all of this brings us to a very strong quarter in terms of, you know, revenue growth more than 6% year on year. And I'd say very efficient cost control across the board. So maybe let's go into a bit more into the details and just provide a couple of highlight numbers. And then we'll go into a double click on those revenues overall with a 6.1% growth for the quarter reflecting on EBITDA at 6.3% growth and EBITDA after leases 5.8% CapEx continues the downward trend
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
