Síminn hf.
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Síminn hf. - Results for the fourth quarter of 2025 and for the year 2025
Globenewswire· 2026-02-17 16:11
Core Insights - The company experienced increased stability in Q4 2025 following a period of market disruption, leading to year-on-year growth in operating profit despite customer churn and additional costs [3][4] - The financial results for 2025 were within the published guidance range, with EBITDA at the upper end, reflecting disciplined operations and strong sales momentum [4] Financial Performance - Q4 2025 revenue was ISK 7,336 million, a decrease of 1.3% compared to ISK 7,431 million in Q4 2024 [8] - EBITDA for Q4 2025 was ISK 1,916 million, down by 7.5% from the previous year, with an EBITDA margin of 26.1% [8] - EBIT increased to ISK 992 million in Q4 2025, up 5.1% from ISK 944 million in Q4 2024 [8] - Profit for Q4 2025 was ISK 620 million, compared to ISK 517 million in the same quarter of 2024, with earnings per share rising to ISK 0.26 [8] Business Developments - The company expanded its fintech operations, with corporate cards issued reaching 1,800, marking a 20% growth from Q3 to Q4 [6] - Advertising revenue in Q4 2025 was ISK 798 million, a decrease of 2.8% year-on-year, but November 2025 marked the highest month of total advertising sales in the company's history [7][8] - The company announced acquisitions of Greiðslumiðlun Íslands, Opin Kerfi, and Öryggismiðstöð Íslands, aiming to unlock synergies and enhance growth [9] Strategic Initiatives - The company is implementing a revised structure, transferring telecommunications and media operations into a new subsidiary named Ásar, focusing on disciplined growth and robust digital services [11] - The company celebrated its 120th anniversary, emphasizing its long-standing commitment to building secure telecommunications infrastructure [10]
Síminn hf. - Niðurstöður hluthafafundar 28. janúar 2026
Globenewswire· 2026-01-28 17:11
Meðfylgjandi eru niðurstöður hluthafafundar Símans hf. sem haldinn var fyrr í dag. Attachment Síminn hf. - Fundargerð hluthafafundar 28. janúar 2026 ...
Correction: Síminn hf. - Results for the third quarter of 2025
Globenewswire· 2025-10-21 16:36
Core Viewpoint - Síminn hf. reported strong operational performance in Q3 2025, with increased profitability and growth in new revenue streams, despite some declines in traditional revenue sources [3][4]. Financial Performance - Revenue for Q3 2025 was ISK 7,062 million, a 1.5% increase from ISK 6,955 million in Q3 2024 [7]. - EBITDA for Q3 2025 was ISK 1,848 million, down 3.5% from the previous year, with an EBITDA margin of 26.2% [7]. - EBIT increased by 18.6% to ISK 1,025 million in Q3 2025 compared to ISK 864 million in Q3 2024 [7]. - Net profit for Q3 2025 was ISK 622 million, up from ISK 449 million in the same period last year, with earnings per share rising to ISK 0.26 from ISK 0.18 [7]. Revenue Streams - Mobile and advertising revenues grew year-on-year, with advertising revenue in outdoor and television media increasing by nearly 13% [4]. - Television service revenue declined by 5% year-on-year, primarily due to a competitor's actions and the loss of Premier League rights [5]. Strategic Developments - Síminn signed an agreement to sell and service Starlink satellite solutions for enterprises, enhancing its B2B product offerings [4]. - The company completed a refinancing of its bank loans, securing improved terms and greater access to funding [9]. - Síminn is restructuring its operations by transferring telecommunications and media operations into a new subsidiary to enhance oversight and growth opportunities [10]. Market Position - Síminn Premium is recognized as the leading Icelandic television service, with significant customer engagement, including over one million streams of reality content and more than ten thousand HBO Max subscriptions activated [8]. Future Outlook - The company aims to build a strong group of digital service companies to meet diverse needs across various sectors [11].
Síminn hf. - Results for the second quarter of 2025
Globenewswire· 2025-08-19 15:51
Core Insights - The quarter showed solid operations and progress in services and product offerings, with significant revenue growth and controlled operating costs leading to increased earnings compared to the previous year [2][6]. Financial Performance - Revenues in Q2 2025 reached ISK 7,196 million, a 4.7% increase from ISK 6,871 million in Q2 2024 [7] - Mobile, data transmission, and television services revenue grew by 2.5% year-on-year [7] - Advertising revenues rose to ISK 604 million, up 12.9% from ISK 535 million in the same period last year [7] - EBITDA for Q2 2025 was ISK 1,924 million, an 11.5% increase from ISK 1,726 million in Q2 2024 [7] - The EBITDA margin improved to 26.7% from 25.1% in the prior year [7] - EBIT increased to ISK 931 million, a 46.4% rise from ISK 636 million in Q2 2024 [7] - Net profit in Q2 2025 was ISK 537 million, a 120.1% increase from ISK 244 million in Q2 2024 [7] - Earnings per share rose to ISK 0.22, up 144.4% from ISK 0.09 in Q2 2024 [7] - Net interest-bearing debt was ISK 19.1 billion at the end of Q2 2025, compared to ISK 17.2 billion at year-end 2024 [7] - The equity ratio was 40.3% at the end of Q2 2025, with total equity of ISK 16.9 billion [7] Business Developments - Síminn signed agreements for HBO Max and Hayu streaming services, leading to a 20% increase in viewings for Síminn Premium TV between June and July [3] - Síminn provided English Premier League broadcasts across its distribution network, ensuring continued access to sports content [4] - Síminn's fintech activities saw strong growth, with active users of Noona reaching 84 thousand, a 26% increase year-on-year [5] Future Outlook - The outlook for operations is positive, with strong core business performance and ongoing development of new revenue streams in telecoms, media, and fintech [6] - Síminn's strong infrastructure supports expansion into new areas [6] Leadership Transition - The report marks the last under CFO Óskar Hauksson, who has been with the company since 2005, highlighting his contributions to Síminn's financial management [8]
Síminn hf. - Breyting á fjárhagsdagatali
Globenewswire· 2025-04-30 16:13
Síminn hf. tilkynnir um breytingu á fjárhagsdagatali fyrir uppgjör þriðja ársfjórðungs 2025. Áætlaðar dagsetningar eru eftirfarandi: Uppgjör 2F 2025 19. ágúst 2025Uppgjör 3F 2025 22. október 2025 (var 28. október 2025)Ársuppgjör 2025 17. febrúar 2026Aðalfundur 2026 12. mars 2026 Vinsamlegast athugið að dagsetningarnar eru birtar með fyrirvara um breytingar. ...
Síminn hf. - Results for the first quarter of 2025
Globenewswire· 2025-04-29 15:59
Financial highlights of Q1 2025Revenue in the first quarter (Q1) of 2025 amounted to ISK 7,173 million compared to ISK 6,575 million in the same period 2024 and increased by 9.1%. Revenue from Síminn's main telecommunications services, mobile, data and TV services increases by 2.3% from Q1 2024.EBITDA amounted to ISK 1,272 million in Q1 2025, down by ISK 163 million or 11.4% compared to the same period 2024. The EBITDA ratio was 17.7% in Q1 2025, compared to 21.8% in the same period of 2024. Operating profi ...
Síminn hf. - Uppgjör 1. ársfjórðungs 2025 verður birt eftir lokun markaðar 29. apríl
Globenewswire· 2025-04-22 14:09
Síminn hf. mun birta uppgjör sitt fyrir fyrsta ársfjórðung 2025 þann 29. apríl næstkomandi. Kynningarfundur fyrir markaðsaðila og fjárfesta vegna uppgjörsins verður haldinn miðvikudaginn 30. apríl í húsnæði félagsins, Ármúla 25, Reykjavík. Fundurinn hefst klukkan 8:30 og eru fjárfestar og markaðsaðilar sérstaklega boðnir velkomnir. Á fundinum munu María Björk Einarsdóttir forstjóri og Óskar Hauksson fjármálastjóri kynna uppgjör félagsins og svara fyrirspurnum. Kynningarefni fundarins verður aðgengilegt á fj ...