Greece's OTE Q4 revenue beats; forecasts 2026 EBITDA growth of 3%

Hellenic Telecommunications Organization SA

26/02/2026 08:36

Overview

Greece telecom provider's Q4 revenue rose 8.7%, beating analyst expectations

Adjusted EBITDA for Q4 grew 2.3% yr/yr

Company announced €177 mln share buyback program

Outlook

OTE targets 2.4 million FTTH homes passed by end-2026

Company expects 2026 EBITDA growth of approximately 3%

OTE anticipates 2026 Free Cash Flow of approximately €750mn

Result Drivers

MOBILE SERVICE REVENUES - Mobile service revenues increased by 5.2% in Q4, driven by postpaid customer additions and improved prepaid trends

FIXED RETAIL GROWTH - Fixed retail service revenues rose 2.6% in Q4, supported by FTTH uptake and TV growth

SYSTEM SOLUTIONS - System Solutions revenues surged 57.8% in Q4, reflecting strong ICT growth

Company press release: ID:nRSZ5221Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 916.30 mln
EUR 856.61 mln (5 Analysts)
Q4 Adjusted EBITDA
EUR 351.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the integrated telecommunications services peer group is "buy"

Wall Street's median 12-month price target for Hellenic Telecommunications Organization SA is €19.75, about 9.8% above its February 25 closing price of €17.99

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)