NOS profit rises 21.7% by September to 216 million euros

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 business telecom segments. EBITDA improved by 1.9% to €634.9 million, with all business segments contributing positively. Telecom revenues 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. NOS added 209,400 services, marking a 1.9% growth, and reached 5.893 million services by the end of September.