2024-03-06 17:13:03 ET
NOS, S.G.P.S., S.A (ZONNF)
Q4 2023 Results Conference Call
March 06, 2024 7:00 AM ET
Company Participants
Maria João Moura Landau - IR
José Pedro - CFO
Miguel Almeida - CEO
Conference Call Participants
Mollie Witcombe - Citi
Nuno Vaz - Societe Generale
António Seladas - AS Independent Research
Fernando Cordero - Banco Santander
Roshan Ranjit - Deutsche Bank
Presentation
José Pedro
Good morning, everyone. Thank you for joining the call today. I'd like to start by highlighting 3 fundamental messages that will guide our presentation today. Firstly, NOS continues to be a pool of profitable growth, cash generation and strong returns. Our strategic choices and investments either in 5G and FTTH are key drivers for our commercial, operational and financial resilience.
And finally, we continue to focus our capital allocation on ensuring competitive advantage, balance sheet quality and solid shareholder returns. And within that, let's jump into some of the figures for the full year.
In terms of the results on Page 4, I think these numbers reflect a bit the messages I've just conveyed, and I'd like to highlight some of them. Firstly, in terms of consolidated revenue growth, we had 5% for the full year '23 and 4.2% for the fourth quarter, driven primarily by the strength of our telco operation. In terms of consolidated EBITDA after leases growth, we had 10.1% for the fiscal year -- for the full year '23 of around €603 million and 12.3% for the fourth quarter of around €135 million....
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NOS, S.G.P.S., S.A (ZONNF) Q4 2023 Earnings Call Transcript