TIM S.A. (TIMB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Welcome to GNS8 2025 Second Quarter Results video conference call. We would like to inform you that this event is being recorded and all participants will be in listening mode during the company's presentation. There will be a replay for this call on the company's website. After GNS8 remarks are completed, there will be a Q&A section for participants. At that time, further instructions will be given. Hello and welcome to our earnings conference for the second quarter of 2025. I'm Vicente Ferreira, Investor Relations Officer of Team Brazil. This video highlights our recent performance and how we see the market evolving in the first half of the year. After that, we will have a live Q&A with our CEO Alberto Grizzelli and our CFO Andrea Viegas. Please note that management may make forward-looking statements. In this presentation may contain them. Refer to the disclaimer on the screen and on our Investor Relations website. Now, let's review our results. Hello everyone, I'm Alberto Griselli, CEO of Team Brazil. The first half of 2025 has been marked by strong execution and clear strategic vision, driving solid financial and operational results. Service revenues grew by 5.4% year over year, supported by mobile services, while EBITDA increased by 6.5%, reflecting improved profitability with a 49.5% margin. Operating cash flow expanded significantly while we maintained our commitment ramping up distribution to shareholders. We continue to lead in 5G technology, which allows us to offload traffic from 4G. Today, 30% of traffic flows via our 5G network. Additionally, TIM was recognized as the most sustainable Brazilian company, topping the B3 Sustainability Index. Global volatility has increased by end of the semester, but we march forward im...