Nos Sgps SA (FRA:PMV)
€ 3.355 -0.025 (-0.74%) Market Cap: 1.73 Bil Enterprise Value: 3.30 Bil PE Ratio: 6.80 PB Ratio: 1.73 GF Score: 83/100
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Q3 2023 NOS SGPS SA Earnings Call Transcript

Nov 03, 2023 / 12:00PM GMT
Release Date Price: €3.54 (+1.55%)
Maria Joao Hewitt Carrapato Moura Landau
NOS, S.G.P.S., S.A. - IR Director

Hi, good afternoon. Welcome to our third quarter '23 results conference call. So as usual, Jose Pedro Faria da Costa, our CFO, will go through the highlights of the results. And then we have the full executive committee with us to take your questions after the brief presentation.

Jose Pedro Faria Pereira da Costa
NOS, S.G.P.S., S.A. - CFO, VP & Executive Director

Okay. Thank you, Maria, and good morning, everyone. Starting with the highlights in the quarter. We'd like to highlight that we continue to sustain very positive commercial momentum across our Telco business and also we have Cinema unit hitting a new quarterly ever recorded. We have very healthy operational growth with RGU net adds exceeding again, 100,000 number as in the last few quarters, with conversion offers remaining the main driver of growth with 12,000 net adds that are now representing almost 70% of the fixed customer base.

Also, we had core value postpaid mobile subs continuing to grow very nicely with

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