OTE: Raises the bar for operational profit growth
OTE aims to increase its EBITDA by approximately 3% by 2026, driven by improved operational conditions and strong demand for FTTH services.
OTE, the Greek telecommunications company, is targeting a 3% growth in its EBITDA (earnings before interest, taxes, depreciation, and amortization) by 2026. This increase is based on positive operational conditions and an upward demand for various service sectors. During a recent analyst briefing about the 2025 results, CEO Kostas Nebis highlighted the optimistic outlook which reflects the company's resilience in a competitive market.
The demand for Fiber-to-the-Home (FTTH) services continues to show strong momentum, alongside favorable trends in mobile services, Fixed Wireless Access (FWA), and subscription television services. Furthermore, the Information and Communications Technology (ICT) sector also continues its upward trajectory, indicating a robust growth environment for OTE overall. The company is adapting effectively to the evolving telecommunications landscape.
For 2026, OTE proposes a total shareholder payout of €532 million, which includes a dividend of €355 million, representing €0.8777 per share, marking a 21.6% increase compared to the previous year. This proposed dividend underscores OTE's commitment to rewarding shareholders while investing in growth strategies that leverage current market demands and operational improvements. The combination of dividend and share buyback initiatives aims to strengthen investor confidence and solidify OTE's position in the telecom industry in Greece.