Sonaecom profits rise 52.5% by September to almost 70 million

A Sonaecom recorded a net result of EUR 69.4 million in the first nine months of this year, representing an increase of 52.5% compared to the same period, the company reported in a press release sent to the market.

This net result attributable to shareholders compares with the EUR 45.5 million achieved in the same period last year and is justified “by the largest contribution of the equity method and the return to positive indirect results”, according to the statement sent to the Securities Market Commission (SCM).

Sonaecom’s consolidated turnover reached EUR 11.9 million in the first nine months of this year, a fall of 5.7% from the same period of 2025.

By September, EBITDA (result before taxes, interest, depreciation and depreciation) rose 15.4%, compared with the same period, to 64.3 million euros.

As regards specifically the third quarter of the year, the net result attributable to Sonaecom’s shareholders rose by 25.5%, compared to the same period, to EUR 30,3 million.

Consolidated turnover fell by 10.5% between July and September to EUR 3.3 million.

EBITDA has already reached EUR 26.3 million, more than 23% in the same period.

Sonaecom owns the newspaper Público and, despite not detailing numbers, reveals that during the third quarter of 2026, “the revenues have decreased annually, especially advertising, reflecting a challenging market context”.

“ The reduction in revenues penalised profitability, with EBITDA below the level recorded in the third quarter of 2025, despite the continuous discipline in cost management ", adds.

Sonaecom is the largest shareholder in NOS, holding 37.37% of the capital.

Last Tuesday, the telecommunications operator led by Miguel Almeida informed the market that the net result, excluding non-recurrent effects, rose 21.7% in the first nine months of this year, compared to the same period from 2025 to 216.4 million euros.