Nos Sgps SA (OTCPK:ZONNF)

$ 3.97 0 (0%) Market Cap: 1.81 Bil Enterprise Value: 3.58 Bil PE Ratio: 7.89 PB Ratio: 1.61 GF Score: 76/100

Q1 2019 NOS SGPS SA Earnings Call Transcript

May 09, 2019 / 11:00AM GMT

Release Date Price: $5.6

Transcript

Maria JoÃ;o Hewitt Carrapato Moura Landau

NOS, S.G.P.S., S.A. - Head of the IR Department

£ -

Hi, good afternoon. Welcome to our first quarter 2019 results conference call. As usual, we have the full executive committee in the room. JosÃ© Pedro Pereira da Costa, the CFO, will give a brief overview of the results, and then we'll jump straight into Q&A.

JosÃ;Pedro Faria Pereira da Costa

NOS, S.G.P.S., S.A. - CFO, VP & Executive Director

© -

Thank you, and good morning, everyone. Thank you for attending today's call. Let us start with the Slide 2 in the presentation where we show the highlights of the quarter.

So we believe we have posted a solid Telco revenue growth of 1.1%, offsetting a weaker quarter for the Cinema & Audio businesses. This revenue growth has translated well into EBITDA growth of 2.1% at the group level and 2.6% at the Telco business level. Our operational performance reflects a more mature market environment and higher levels of penetration, and we will come back to these points later in the

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