Hellenic Telecom Organization S.A. (ADR) (DE:OTES)
FRANKFURT:OTES
Earnings Data
Report Date
Jul 29, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.2Last Year’s EPS
0.16Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call presents a predominantly positive picture: strong operational execution across FTTH, mobile, pay-TV and ICT drove record FTTH additions, robust mobile momentum, higher network utilization, double-digit ICT growth and improving EBITDA and free cash flow. Management has enhanced shareholder returns (22% dividend increase and larger buybacks) and achieved sustainability milestones. Main negatives are structural declines in some wholesale revenues, higher operating and capital intensity associated with network rollout, dependence on one-off tax benefits for headline FCF, and external uncertainties (spectrum timing and competitive/market risks). On balance the positives (broad-based growth, cash generation and shareholder returns) outweigh the negatives.Company Guidance
Record FTTH Customer Additions and Penetration
Q4 net FTTH additions of 58,000 (record), bringing total FTTH customers to 567,000; retail FTTH now 24% of total broadband base vs 17% a year ago; homes passed reached 2.1 million with a target of 2.4 million by 2026; network utilization up to 34%.
Fixed Retail Revenue Growth
Fixed Retail service revenues increased by 2.6% in Q4, driven by higher FTTH uptake, strong TV growth and rising Fixed Wireless Access (FWA) adoption.
Strong Pay-TV Performance
Pay-TV delivered robust double-digit revenue growth in the quarter; TV customer base grew 7.1% in Q4 with 19,000 net additions; removal of 10% special tax from Jan 2026 expected to further support adoption.
Mobile Momentum and Market Leadership
Mobile service revenues grew 5.2% in Q4; postpaid base expanded 7.2% with a record 60,000 postpaid additions in the quarter (postpaid now 43% of mobile base vs 40% a year ago); 5G device penetration rose to 42.2% from 33.5% in 2024; 5G covers >99% of population and 5G+ nearly 78%.
Data Consumption Growth
Average monthly mobile data consumption per user rose to 18.3 GB, representing a 30% year-on-year increase.
FWA Traction as Bridge Solution vs Starlink
FWA launched in 2025 and closed the year with ~55,000 subscribers (later noted >65,000), serving mainly non-fiber areas with typical usage in the range of 300–400 GB per month and helping defend share against satellite entrants.
System Solutions (ICT) Outperformance
Other revenues grew 26.7% in the quarter; System Solutions delivered exceptional performance with a 57.5% year-on-year increase, supporting double-digit ICT growth guidance for 2026.
Improved Profitability and EBITDA Momentum
Adjusted EBITDA after leases increased by 2.3% in Q4 (the company cites this as the strongest quarterly growth of the year) and management targets accelerating EBITDA growth to ~3% in 2026 driven by operational efficiency and AI-driven cost initiatives.
CapEx and Network Investment
Q4 CapEx of EUR 174.5m; full-year 2025 CapEx EUR 612m, up nearly 9% vs 2024, reflecting FTTH expansion and 5G SA rollout; 2026 CapEx guidance around EUR 600m.
Strong Free Cash Flow and Shareholder Remuneration
Free cash flow after leases: Q4 EUR 168m (up from EUR 145m YoY); FY2025 free cash flow EUR 543m. Management expects ~EUR 750m FCF in 2026 (organic underlying FCF EUR 570–580m excluding one-offs). Announced shareholder remuneration EUR 532m (EUR 355m dividends = EUR 0.8777/share and EUR 177m buybacks), representing a 22% increase in dividends and 16% increase in buybacks vs 2024.
Sustainability Milestone
Group achieved greenhouse gas neutrality in its own operations in 2025, reflecting progress on sustainability commitments.
Hellenic Telecom Organization SA (DE:OTES) Earnings, Revenues Date & History
DE:OTES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:OTES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2026 | €9.15 | €9.05 | -1.09% |
Feb 26, 2026 | €8.65 | €8.75 | +1.16% |
Feb 19, 2026 | €8.80 | €8.40 | -4.55% |
Nov 13, 2025 | €8.06 | €8.26 | +2.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hellenic Telecom Organization S.A. (ADR) (DE:OTES) report earnings?
Hellenic Telecom Organization S.A. (ADR) (DE:OTES) is schdueled to report earning on Jul 29, 2026, TBA (Confirmed).
What is Hellenic Telecom Organization S.A. (ADR) (DE:OTES) earnings time?
Hellenic Telecom Organization S.A. (ADR) (DE:OTES) earnings time is at Jul 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is the P/E ratio of Hellenic Telecom Organization S.A. (ADR) stock?
The P/E ratio of Hellenic Telecom Organization SA is N/A.
What is DE:OTES EPS forecast?
DE:OTES EPS forecast for the fiscal quarter 2026 (Q2) is 0.2.