reports
NOS SGPS SA: 2 directors
Two Directors at NOS SGPS SA sold 294,552 shares at between 4.144EUR and 4.159EUR. The significance rating of the trade was 97/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last ...
- Russell Waller
NOS (Neutral, TP: €3.7, -2%) Q4 24: Digi impact? What Digi impact?
NOS has reported yet another good set of numbers, with Telco revenue and EBITDA +3.4% and +7.8% ahead of consensus expectations respectively. There is very little, if any, evidence of Digi impact in the numbers (which was the same for Vodafone Portugal).
- Russell Waller
- Russell Waller
- Russell Waller
- Russell Waller
- Russell Waller
- Russell Waller
- Russell Waller
NOS (Neutral, TP: €4.0, +22%) Q4 23: Good EBITDA beat, +26% DPS hike (...
NOS has reported yet another very good set of numbers, with Telco EBITDA +3.0% ahead of consensus expectations and Telco EBITDA growth now at +11.8% y/y. NOS has lifted the ordinary dividend by 26% (100% payout), giving it a 10.6% yield for 2024 (with the chance of exceptional returns as well).
- Russell Waller
NOS (Neutral, TP: €4.0, +16%) Q3 23: Stellar performance continues; ...
NOS has reported yet another very good set of numbers, with Telco EBITDA +3.8% ahead of consensus expectations (Group +4.3% ahead). B2C revenue growth is a little slower but still +5.8% y/y, and the marginal margin in Telco is now >100% y/y.
- Russell Waller
- Russell Waller
- Russell Waller
NOS (Neutral, TP: €4.8, +21%) Q1 23: Possibly the best performing mat...
NOS has reported yet another good set of numbers, with EBITDA c4% ahead of consensus expectations. B2C revenue growth has accelerated again, is now an impressive +6.5% y/y from +4.3% y/y in Q4 22, and Telecoms EBITDA is better also at +9.4% y/y from +8.7% y/y in Q4 22 (inc energy drag). There might not be a better performing mature B2C business in the whole of Europe.
- Russell Waller
- Russell Waller
- Russell Waller
- Russell Waller
New Street: Portugal mobile consolidation - Our take Vodafone, Buy, £...
As recently rumoured, Vodafone has bought the small Portuguese cable operator Nowo in Portugal from Masmovil/ GAEA (a local private equity fund). Nowo had recently bought some spectrum, so the deal is both fixed consolidation and mobile to mobile consolidation, suggesting that Masmovil/GAEA saw limited upside as a new entrant. We run through our thoughts on the deal in this short piece.
- James Ratzer
- Russell Waller
New Street: Europe inflation price update Summer promotions modestly ...
At the end of May, we published a definitive report looking at inflationary trends in Europe, concluding that the industry needed to do a better job lifting front book prices to show real growth. In case you missed it over the weekend, we updated this analysis now with more in-depth work over a longer time series, and conclude that at least summer promotions across Europe this year seem less aggressive than last year, but the industry still needs to do more if it is going to deliver "real" EBITD...
- Russell Waller
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.