Argentina · Delayed Price · Currency is ARS Telecom Argentina Earnings Call Transcripts
Fiscal Year 2025
-
Revenues grew 53% year-over-year, driven by the TMA acquisition, with EBITDA margin expanding to 30.3%. Broadband and Pay TV segments returned to growth, and leverage improved to 1.7x, despite FX losses impacting net results.
-
Revenues surged 50% year-over-year, driven by the TMA acquisition and strong growth in mobile, broadband, and pay TV. EBITDA margin improved to 30.5%, with stable leverage and robust cash flow, despite a net loss due to FX impacts.
-
EBITDA margin expanded to 29.7% in H1 2024, with net income boosted by FX gains and strong mobile, broadband, and fintech growth. Debt profile improved via a $500M note issuance and liability management, while cost controls and digitalization supported profitability despite high inflation.
Fiscal Year 2024
-
Argentina’s economic reforms and regulatory easing are setting the stage for renewed growth, with the company transforming into a tech-driven ecosystem, expanding digital and B2B services, and maintaining strong financial discipline. CapEx remains focused on FTTH and 5G, while ARPU and margins are recovering as inflation moderates.
-
EBITDA margin expanded to 29.7% in H1 2024, with net income of ARS 859 billion driven by FX gains. Mobile and fintech segments showed strong growth, while liability management and a $500M note issuance improved the debt profile. Cautious optimism prevails for the rest of 2024.