Lucro da NOS sobe 21,7% até setembro para 216 milhões

NOS reported a 21.7% increase in net profit for the first nine months of the year, reaching €216.4 million. Consolidated revenue rose by 2.3% to €1.399 billion, driven by growth in IT, cinema, and telecommunications. EBITDA improved by 1.9% to €634.9 million, with all business segments contributing positively. The telecommunications revenue remained stable at €1.179 billion, while IT revenues surged by 21.6%. The cinema segment also performed well, with a 14.8% revenue increase. The company added 209,400 services, reflecting a 1.9% growth despite competition. CEO Miguel Almeida highlighted the company's commitment to investing in innovation and service quality, noting significant investments in 5G and AI technologies.