Nos Sgps SA (OTCPK:ZONNF)

$ 3.6157 0 (0%) Market Cap: 1.82 Bil Enterprise Value: 3.48 Bil PE Ratio: 6.80 PB Ratio: 1.73 GF Score: 83/100

Q2 2019 NOS SGPS SA Earnings Call Transcript

Jul 23, 2019 / 11:00AM GMT

Release Date Price: $6.27

Transcript

Maria JoÃ;o Hewitt Carrapato Moura Landau

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

£ -

Good afternoon. Welcome to our second quarter 2019 results conference call. JosÃ© Pedro Pereira da Costa, CFO, will give you a brief rundown of the main highlights and the results. And then the whole team are available to take your questions after the presentation. The presentation is available on the website and there's also a webcast.

JosÃ;Pedro Faria Pereira da Costa

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

© -

Okay. Thank you, Maria, and good afternoon, everyone, and thank you for joining today's call. I would like to start with Slide 2 in the presentation. I would like to point out the main highlights of the quarter. We continue generating sustained Telco revenue growth of 1% with a strong recovery this quarter for the Cinema and the Audio units. This revenue growth translated to EBITDA growth of 2.8% at the group and Telco business levels, continuing to drive margin expansion. Higher CapEx this quarter, driven by

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