Nos, S.G.P.S., S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 10, 2021 at 03:39 pm EST
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NOS, S.G.P.S., S.A. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was EUR 354.3 million compared to EUR 366.4 million a year ago. Net income was EUR 12.9 million compared to EUR 5.4 million a year ago. For the full year, total revenue was EUR 1,367.9 million compared to EUR 1,458.4 million a year ago. Net income was EUR 92 million compared to EUR 143.5 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.