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

Q1 2022 NOS SGPS SA Earnings Call Transcript

May 04, 2022 / 11:00AM GMT

Release Date Price: $3.71

Transcript

Maria Joao Hewitt Carrapato Moura Landau

NOS, S.G.P.S., S.A. - IR Director

Hi, good afternoon. Welcome to our first quarter 2022 conference call. With us today, we have the full executive committee. Jose Pedro Faria da Costa, CFO, will give you a brief outline of the main highlights of the results, and then we're available to take your questions.

Jose Pedro, over to you.

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. We, as usual, with the highlight slide for this quarter.

We continue to deliver very strong operational performance. We have posted around 90,000 RGU net adds, up from negative 17,000 in the first quarter last year. The main driver of growth, again, being mobile taking advantage of the 5G momentum. Again, this quarter, we continued to show recovery in the Cinema unit, with cinema tenants reaching almost 1 million, benefiting from the easing of restrictions during the quarter, and also a strong blockbuster movie slate towards the end

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