Sonatel (SNTS) Q1 2025 earnings summary

Executive summary

• Q1 revenue grew 10.9% YoY to XOF 471.6B; EBITDAAL rose 14.4% and net result 14.9%, supported by sustained commercial momentum and resilience.

Financial highlights

• Revenue reached XOF 471.6B, up 10.9% YoY; EBITDAAL was XOF 221.1B, up 14.4% YoY.

• Net result was XOF 108.4B, up 14.9% YoY; operating cash flow reached XOF 145.9B, up 15.8% YoY.

Segment performance

• Senegal: Orange was named the country's best mobile network in 2024 by Ookla; partnerships with SENUM, DER/FJ and SEN CSU continued.

• Guinea: Orange Guinea strengthened its leading positions across all markets, as confirmed by the Q4 2024 market observatory; cash-out rate reduced to 1%.

• Bissau: Revenue and EBITDA recorded double-digit growth; Starlink operations began.

• Sierra Leone: Persistent quality-of-service issues; a new IPT contract was due to take effect in early March, with potential energy-cost reductions.

• Mali: ECOWAS withdrawal took effect Jan. 29, 2025; the energy crisis continued, with improvement observed in March.