Hellenic Telecommunication Organization SA (FRA:OTE)
€ 13.31 -0.56 (-4.04%) Market Cap: 5.65 Bil Enterprise Value: 6.16 Bil PE Ratio: 20.12 PB Ratio: 2.75 GF Score: 75/100
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Q4 2018 Hellenic Telecommunications Organization SA Earnings Call Transcript

Feb 21, 2019 / 03:00PM GMT
Release Date Price: €10.61 (+1.05%)
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the OTE Conference Call on the Fourth Quarter 2018 Financial Results under IFRS. We have with us Mr. Michael Tsamaz, Chairman and CEO; Mr. Babis Mazarakis, Chief Financial Officer; Mr. Panayiotis Gabrielides, Chief Marketing Officer, Consumer Segment; and Mr. Evrikos Sarsentis, Head of IR and MA (sic) [M&A]. (Operator Instructions) I must advise you the conference is being recorded today.

We will now pass the floor to Mr. Michael Tsamaz. Please go ahead, sir.

Carmine Tilghman
Hellenic Telecommunications Organization S.A. - Chairman, CEO & MD

Good morning, and good afternoon to all of you. Welcome to our fourth quarter and full year results call. We finished the year very much in line with our performance at the end of the third quarter of 2018. Our revenues were stable, and our profitability improved. OTE continued to deliver solid results in Greece with fixed retail particularly strong and continued momentum in Mobile Service revenues.

In Romania, performance was

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