Ooredoo Q.P.S.C. Earnings Call Transcripts
Fiscal Year 2026
-
Q1 2026 saw robust growth in revenue, EBITDA, and net profit, with strong contributions from Algeria and Tunisia and resilient performance across all markets. Strategic initiatives advanced, liquidity remains strong, and guidance is unchanged despite regional uncertainties.
Fiscal Year 2025
-
Delivered record net profit and strong revenue growth in 2025, driven by high-growth markets and digital infrastructure expansion. Raised dividend by 15%, maintained industry-leading margins, and provided positive 2026 guidance.
-
A refreshed strategy focuses on scaling digital infrastructure, fintech, and platform adjacencies, targeting 15% of revenue from these by 2030. Financial performance is strong, with rising dividends, high margins, and robust growth in high-potential markets. Syntys and the tower JV drive infrastructure leadership, while disciplined capital allocation and AI adoption underpin future value.
-
Strong nine-month results with 5% revenue and EBITDA growth, robust margins, and increased CapEx to drive expansion in data centers and fintech. Dividend payout ratio raised to 50%-70% of normalized net profit, with a healthy balance sheet and positive outlook for full-year guidance.
-
Strong H1 2025 results with 4% net profit growth and a 43% EBITDA margin, driven by robust GCC and high-growth markets. Strategic investments in digital infrastructure, data centers, and subsea cables support long-term growth, while CapEx rose 49% year-on-year.
-
Q1 2025 saw 3% revenue and 2% EBITDA growth year-over-year (excluding Myanmar exit), with strong performance in Iraq, Algeria, and Kuwait, and continued investment in data center and fintech. Net profit rose 5%, and the group remains on track with its four-year guidance.
Fiscal Year 2024
-
Record net profit exceeded $1 billion, with revenue up 2% and EBITDA margin at 42.5%. Strategic investments in data centers and subsea cables drive future growth, while strong free cash flow and low leverage support an 18% higher dividend.
-
Q3 2024 saw 2% revenue and 4% EBITDA growth year-over-year, with a 44% EBITDA margin and 15% rise in normalized net profit. Strategic investments in data centers and AI, robust liquidity, and a balanced portfolio underpin strong performance, despite competitive pressures in some markets.
-
H1 2024 saw 3% revenue growth, 8% higher normalized EBITDA, and a 14% rise in net profit, driven by strong performances in Iraq, Algeria, and Kuwait, while Qatar and Oman faced competitive pressures. Myanmar's disposal reduced FX risk, and AI/data center investments are accelerating.