Hellenic Telecommunications Organization S.A. (HLTOF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I am Gail, your chorus call operator. Welcome and thank you for joining the OTEC conference call and live webcast to present and discuss the second quarter and six months 2025 financial results. At this time, I would like to turn the conference over to Mr. Kostas Nebis, CEO of OTEC Group, Mr. Babis Mazarakis, Chief Financial Officer, Mr. Panagiotis Gavrilidis, Chief Marketing Officer, Consumer Segment OTEC Group, and Mr. Evriko Sesebis, Head of IR and M&A. Mr. Nebis, you may now proceed. Greetings to everyone, and thank you for joining us today for our second quarter results review. Let me start with a very recent significant development regarding the disposal of our Romanian operations. A few days ago, we received the anticipated approval by the Romanian authorities, a key step in the completion of the same transaction that will allow us to optimize our portfolio and allot additional value for our shareholders. Thank you. I expect that we will be signing the required documentation with a counterparty shortly, leading to a possible completion of the transaction within the third quarter of 2025, subject of course to the approval of certain issues by ANCOM, the telecom regulator. Now, when it comes to our operations in Greece, I am pleased to confirm that the strategic pillars we introduced a year ago, when I stepped into this role, are already yielding meaningful outcomes. We have remained focused, disciplined and determined in building the foundations to achieve our vision. And today's results reflect the early benefits of these efforts. We delivered another solid quarter with both revenue and EBITDA increasing once again, supported by growth-based contribution across all segments. A strong commercial momentum, a comprehensive portfolio and continued operational disc...