Millicom(US:TIGO) Globenewswire·2026-02-26 11:00Core Insights - Millicom reported strong financial results for Q4 2025, marking a record-setting period and the strongest year in the company's history, with significant growth in revenue and profitability [6][9]. Financial Highlights - Q4 2025 revenue reached $1.652 billion, a 15.7% increase compared to Q4 2024, with organic growth of 4.7% [5]. - Operating profit for Q4 2025 was $469 million, up 25.7% year-on-year [5]. - Net profit attributable to company owners surged to $252 million in Q4 2025, compared to $31 million in Q4 2024 [5]. - Adjusted EBITDA for Q4 2025 was $778 million, reflecting a 25.9% increase year-on-year [5]. - Full-year 2025 revenue was $5.819 billion, a slight increase of 0.2% year-on-year, with organic growth of 2.0% [5]. - Full-year operating profit increased by 22.2% to $1.639 billion, and adjusted EBITDA rose 11.4% to $2.749 billion [5]. Operational Performance - The company achieved a record equity free cash flow (EFCF) of $278 million in Q4 2025, contributing to a total of $916 million for the full year, exceeding the target of $750 million [7][9]. - Leverage stood at 2.31x, maintaining a robust financial position despite recent acquisitions in Uruguay and Ecuador [7]. Strategic Developments - Millicom's strategy focused on migrating from prepaid to postpaid services and enhancing fixed-mobile convergence, which contributed to the growth in service revenue [6]. - The company completed significant transactions, including the sale of Lati towers for approximately $975 million and various infrastructure transactions that bolstered its financial agility [9]. - Looking ahead, Millicom targets an EFCF of at least $900 million for 2026, with year-end leverage expected around 2.5x [10]. Subsequent Events - Millicom signed a Share Purchase Agreement to sell its Mobile Finance business in Paraguay for a base price of $10 million, subject to regulatory approval [11]. - The company also completed several acquisitions, including a controlling stake in Colombia Telecomunicaciones S.A. for approximately $214 million [14].