NOS, S.G.P.S., S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 07, 2023 at 11:14 am EST
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NOS, S.G.P.S., S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was EUR 407.3 million compared to EUR 397.2 million a year ago. Revenue was EUR 397.5 million compared to EUR 385.4 million a year ago. Net income was EUR 33.3 million compared to EUR 24.1 million a year ago.
For the full year, sales was EUR 1,558.8 million compared to EUR 1,468.4 million a year ago. Revenue was EUR 1,521 million compared to EUR 1,430.3 million a year ago. Net income was EUR 224.6 million compared to EUR 144.2 million a year ago.
NOS, SGPS, S.A. is a telecoms and entertainment group in Portugal. It offers latest generation fixed and mobile phone, television, Internet, voice and data solutions for all market segments. It is leader in Pay TV, new generation broad band services and in cinema distribution. In the business segment, it has positioned itself as a sustainable alternative in the Corporate and Mass Business segments, offering a broad portfolio of products and services with tailor made solutions for each sector and for businesses of different sizes, complementing its offer with ICT and Cloud services.