NOS, S.G.P.S. Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,823	1,662	1,568	1,491	1,404
Other Revenue	-	34.68	29.19	30.22	25.87
Revenue	1,823	1,696	1,597	1,521	1,430
Revenue Growth (YoY)	7.48%	6.19%	5.03%	6.34%	4.56%
Cost of Revenue	1,010	715.33	677.65	670.45	631.23
Gross Profit	813.5	980.93	919.8	850.56	799.07
Selling, General & Admin	-	132.99	137.12	131.4	122.95
Other Operating Expenses	6.7	80.32	66.02	68.1	58.16
Operating Expenses	512.5	712.15	686.77	680.39	600.57
Operating Income	301	268.78	233.03	170.17	198.49
Interest Expense	-65.3	-80.71	-72.86	-37.01	-37.71
Interest & Investment Income	-	10.69	7.57	5.43	3.59
Earnings From Equity Investments	20.1	8.26	5.08	22.12	3.6
Currency Exchange Gain (Loss)	-	0.32	-0.09	-0.22	0.63
Other Non Operating Income (Expenses)	-	-3.54	-3.61	-3.32	-3.12
EBT Excluding Unusual Items	255.8	203.81	169.12	157.18	165.49
Merger & Restructuring Charges	-	-11.34	-3.61	-4	-8.54
Gain (Loss) on Sale of Investments	-	1.05	-0.22	-0.1	-0.01
Gain (Loss) on Sale of Assets	-	35.18	0.85	100.42	-0.02
Other Unusual Items	-	86.83	33.94	3.61	-1.28
Pretax Income	255.8	315.53	200.09	257.11	155.64
Income Tax Expense	9.9	42.46	18.75	32.66	11.78
Earnings From Continuing Operations	245.9	273.07	181.33	224.44	143.85
Net Income to Company	245.9	273.07	181.33	224.44	143.85
Minority Interest in Earnings	-	-0.82	-0.34	0.13	0.31
Net Income	245.9	272.26	181	224.57	144.16
Net Income to Common	245.9	272.26	181	224.57	144.16
Net Income Growth	-9.68%	50.42%	-19.41%	55.78%	56.69%
Shares Outstanding (Basic)	512	509	511	512	512
Shares Outstanding (Diluted)	512	509	511	512	512
Shares Change (YoY)	0.57%	-0.50%	-0.03%	-0.11%	-0.08%
EPS (Basic)	0.48	0.54	0.35	0.44	0.28
EPS (Diluted)	0.48	0.54	0.35	0.44	0.28
EPS Growth	-10.19%	52.88%	-20.28%	56.79%	55.98%
Free Cash Flow	-	690.12	497.09	415.85	434.92
Free Cash Flow Per Share	-	1.36	0.97	0.81	0.85
Dividend Per Share	0.350	0.350	0.350	0.278	0.278
Dividend Growth	-	-	25.90%	-	-
Gross Margin	44.62%	57.83%	57.58%	55.92%	55.87%
Operating Margin	16.51%	15.85%	14.59%	11.19%	13.88%
Profit Margin	13.49%	16.05%	11.33%	14.77%	10.08%
Free Cash Flow Margin	-	40.69%	31.12%	27.34%	30.41%
EBITDA	626.07	596.69	549.18	489.4	457.37
EBITDA Margin	34.34%	35.18%	34.38%	32.18%	31.98%
D&A For EBITDA	325.07	327.91	316.15	319.23	258.88
EBIT	301	268.78	233.03	170.17	198.49
EBIT Margin	16.51%	15.85%	14.59%	11.19%	13.88%
Effective Tax Rate	3.87%	13.46%	9.37%	12.70%	7.57%
Revenue as Reported	-	1,696	1,597	1,521	1,430

Source: S&P Global Market Intelligence. Standard template. Financial Sources.