Hellenic Telecom Organization S.A. (ADR) ( (HLTOY) ) has released its Q2 earnings. Here is a breakdown of the information Hellenic Telecom Organization S.A. (ADR) presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hellenic Telecom Organization S.A. (ADR), known as OTE Group, is the largest telecommunications provider in Greece, offering a comprehensive range of services including fixed-line and mobile telephony, broadband, pay television, and ICT solutions. The company also operates in Romania, providing mobile telecommunications services.
In the second quarter of 2025, OTE Group reported a slight increase in revenues to €913.3 million, driven by growth in its Greek operations despite pressure in Romania. The company highlighted robust performance in its mobile segment and a return to growth in its fixed retail business, supported by TV services and fiber-to-the-home (FTTH) demand. OTE also received approval for the disposal of Telekom Romania Mobile, aligning with its strategic focus on optimizing its portfolio.
Key financial metrics for the quarter included a 0.6% increase in Adjusted EBITDA (AL) to €328.6 million, with a margin improvement to 36.0%. However, EBIT declined by 14.8% due to increased depreciation related to the write-down of assets in Romania. Profit to owners of the parent dropped by 35.7% to €81.0 million. The company continued to invest in its FTTH infrastructure, with Capex rising by 12.6% to €175.7 million, while free cash flow after lease increased by 28.0% to €155.1 million.
Looking ahead, OTE Group remains focused on maintaining its market leadership and achieving its strategic goals amid global uncertainties. The company plans to expand its next-generation networks and digital capabilities, with a target to cover 2.1 million homes with FTTH by the end of 2025. OTE is committed to driving profitable growth and creating long-term value for stakeholders, supported by its strong service portfolio and ongoing investments.