Workflow
Telia Lietuva results for 9 months of 2025
Globenewswire·2025-10-23 05:00

Core Insights - Telia Lietuva has reported significant financial growth for the nine months ending September 30, 2025, with service revenue increasing by 4.2%, adjusted EBITDA growing by 9.5%, and net profit rising by 25.5% compared to the same period in 2024 [2][8]. Financial Performance - Revenue for the third quarter of 2025 increased by 3% to EUR 125.3 million, up from EUR 121.6 million in 2024 [8] - Adjusted EBITDA for the third quarter rose by 9.6% to EUR 51 million, compared to EUR 46.5 million in 2024 [8] - Net profit for the third quarter grew by 31% to EUR 22.9 million, up from EUR 17.5 million in 2024 [8] - For the nine months of 2025, total revenue reached EUR 367 million, a 1.9% increase from EUR 360.1 million in 2024 [8] - Adjusted EBITDA for the nine months was EUR 148 million, up 9.5% from EUR 135.2 million in 2024 [8] - Free cash flow for the nine months increased by 8.3% to EUR 91.1 million, compared to EUR 84.2 million in 2024 [8] Service and Product Developments - The main driver of revenue growth was mobility services, with 30,000 new mobile communication subscribers added in the third quarter, including 27,000 post-paid and 3,000 pre-paid users [3] - A new cybersecurity app, "Telia Safe," was introduced, combining 20 security features to protect users from various online threats [5] - Telia launched a major upgrade of its fiber-optic backbone network, increasing data transfer speeds by six times to 600 Gbps, with an investment of approximately EUR 1 million [6][7] - A new service allowing users to send text messages during calls was introduced, enhancing communication options for users [8][9] - Telia is the first in Lithuania to offer VoWiFi calling for customers traveling in the Baltic and Nordic countries, allowing calls without roaming charges [10] Organizational Changes - The company is streamlining its organization by merging Technology and Digital Transformation with Legal and Human Resource units, resulting in a reduction of two top management positions [11]