MTN Group
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MTN Group (MTN) investor relations material

MTN Group Q4 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 TU earnings summary2 Mar, 2026

Executive summary

  • Strong operational progress and favorable macroeconomic conditions drove robust FY25 performance.

  • Major markets, including Nigeria and Ghana, delivered improved profitability and revenue growth.

  • South Africa faced increased competition in the prepaid segment, but overall group momentum remained positive.

Financial highlights

  • FY25 EPS expected between 1,062 and 1,168 ZAC, a rise of over 300% year-over-year from FY24 (-531 ZAC).

  • FY25 HEPS expected between 1,264 and 1,284 ZAC, an increase of over 1,000% from FY24 (98 ZAC).

  • Impairment losses for FY25 total approximately 157 cents, down from 578 cents in FY24.

  • Non-operational items in FY25 HEPS net to -85 cents, compared to -718 cents in FY24.

Outlook and guidance

  • FY25 results to be published around 16 March 2026, including restated FY24 figures.

Detail South Africa prepaid competitive pressure
Breakdown of FY25 non-operational items
Impact of Ghana restatement on Group results
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Frequently asked questions

MTN Group Limited, known as MTN, is a South African multinational mobile telecommunications company, providing a wide range of services including voice, data, fintech, digital, enterprise, wholesale, and API services. It serves over 290 million customers across 19 markets in Africa and the Middle East. Established in South Africa in 1994, MTN has grown significantly by investing in advanced communication infrastructure and developing new technologies. The company is headquartered in Johannesburg, South Africa, and its shares are listed on the Johannesburg Stock Exchange.

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