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Edge1 May 2026
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The story of Marlboro's transformation from a women's cigarette to a global icon: one of the most effective brand repositionings in history.
NOS SGPS
NOS SGPS (NOS) investor relations material
NOS SGPS Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Mar, 2026
Executive summary
Maintained strong operational momentum in FY25 and Q4, leveraging 5G, nationwide fiber, and next-gen infrastructure despite intense competition.
Delivered robust cash flow, operational efficiencies, and attractive shareholder returns, supported by AI-driven programs and digital transformation.
Launched Combina/COMBINA program, offering significant customer savings and targeting churn reduction.
Upgraded ESG ratings, with CDP moving from B to A and S&P Global score rising to 75, reflecting climate leadership.
Integration of Claranet Portugal strengthened IT, cloud, and cybersecurity positioning.
Financial highlights
FY25 consolidated revenue rose 1.6% to €1,823.2M; Q4 revenue up 0.3% to €486.3M.
EBITDA increased 4.3% to €813.5M for FY25; Q4 EBITDA up 4.4% to €195.5M.
Net income excluding non-recurring items up 29.3% to €241.5M for FY25; Q4 up 58.2% to €63.8M.
Free cash flow excluding non-recurring items up 15% to €263.8M for FY25; Q4 up 132% to €71M.
CAPEX reduced 2.4% to €366.4M for FY25; Q4 down 4% to €92.8M.
Outlook and guidance
Continued efficiency gains expected from SCALE/SCAILE program through 2026, with only a portion of use cases implemented.
Dividend per share of €0.45 for 2025, including an extraordinary dividend.
Focus on operational efficiency, digital transformation, and leveraging advanced AI solutions.
CapEx expected to decrease in 2026, aided by AI-driven productivity.
IT business expected to maintain 5-10% growth, with further expansion potential.
Quantify AI's impact on operational costs?
Consumer vs Enterprise revenue growth drivers?
Impact of wholesale model on fixed network CAPEX?
Partial view of Summaries dataset, powered by Quartr API
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Latest events from NOS SGPS
- Net income rose 77.2% to €80.7M on strong Telco growth and a tower sale gain.NOS
Q2 20243 Feb 2026 - Revenue, EBITDA, and net income rose, with strong cash flow and 100% 5G coverage.NOSQ3 202417 Jan 2026
- Record year with robust growth, high dividends, and strategic B2B expansion.NOSQ4 202423 Dec 2025
- Revenue and recurring net income rose, with strong free cash flow and improved leverage.NOSQ1 202518 Nov 2025
- EBITDA and net income rose, offsetting Cinema weakness; margins and cash flow improved.NOSQ3 202528 Oct 2025
- Revenue and EBITDA rose, margins expanded, and recurring net income increased 16%.NOSQ2 202522 Jul 2025
Next NOS SGPS earnings date
Q1 202612 May, 2026
NOS SGPS
Next NOS SGPS earnings date
Q1 202612 May, 2026
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Amina0781App Store
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@theshortbearx.com
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