Luxembourg's Millicom posts Q4 revenue beat, helped by expansion in Ecuador and Uruguay

Reuters02-26
Luxembourg's Millicom posts Q4 revenue beat, helped by expansion in Ecuador and Uruguay

Overview

  • Luxembourg telecom provider's Q4 revenue rose, beating analyst expectations

  • Q4 EBIT beat analyst expectations, driven by strategic acquisitions

  • Company highlighted successful integration of Ecuador and Uruguay operations

Outlook

  • Millicom targets 2026 EFCF of at least $900 mln and year-end leverage around 2.5x

  • Company enters 2026 in strong operational and financial position

  • Millicom sees increasing opportunities for scale and innovation in 2026

Result Drivers

  • SERVICE REVENUE GROWTH - Millicom reported record service revenue growth, driven by disciplined execution of commercial strategy and shift from prepaid to postpaid services

  • ACQUISITIONS IMPACT - Successful integration of expanded footprint in Ecuador and Uruguay contributed to Q4 results

  • OPERATIONAL EFFICIENCY - Exceptional profitability achieved through rigorous cost discipline and industry‑leading efficiency

Company press release: ID:nGNEcfLy22

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$1.65 bln

$1.57 bln (3 Analysts)

Q4 EBIT

Beat

$469 mln

$409.42 mln (3 Analysts)

Q4 Pretax Profit

$312 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the wireless telecommunications services peer group is "buy."

  • Wall Street's median 12-month price target for Millicom International Cellular SA is $55.00, about 17.5% below its February 25 closing price of $66.70

  • The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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