Ljubljana, 06 March (STA) - Telekom Slovenije, the national telecoms incumbent, saw net profit rise by 17% to EUR 55 million in 2024, as revenue inched 2% higher to EUR 720m, show unaudited results released on Thursday.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached EUR 240 million, a 5% increase on the year before, and pre-tax profit (EBIT) rose 14% to just shy of EUR 73 million.
The company says it exceeded targets across all key segments and markets.
The group had a total of 1.99 million mobile retail users, 4% more than at the end of 2023, and 316,176 fixed retail broadband and TV connections, likewise a 4% increase.
In Slovenia, it remains the market leader with a 35.8% share in the mobile services segment, and it increased its market shares in the fixed internet access (34%).
In Kosovo, its subsidiary IPKO is the market leader with a 53% share in the mobile segment and a 28% share in the fixed segment.
