Magyar Telekom Q2 Profit Rises 27% YoY to HUF 55.86B

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság reported Q2 adjusted profit attributable to owners of the parent at HUF 55.86B, a 27% YoY increase. Revenue was HUF 241.29B, a 0.3% YoY increase.

Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (MTNY) reported its financial results for the second quarter of 2025, showcasing a robust performance with a 27% year-over-year (YoY) increase in adjusted profit attributable to owners of the parent company, reaching HUF 55.86 billion. The company’s revenue stood at HUF 241.29 billion, marking a 0.3% YoY increase [1].

The financial highlights of MTNY’s Q2 2025 performance underscore its resilience and operational efficiency. The adjusted profit growth was driven by strong operational performance and cost management strategies. Despite a slight revenue miss, the company's adjusted EBITDA margin remained stable at 28.8% [1].

Key drivers of MTNY’s Q2 performance included robust online revenue growth and accelerated international expansion. The company’s strategic focus on value and operational efficiency has contributed to its financial stability and growth prospects. The company's strong financial health is reflected in its perfect Piotroski Score of 9, indicating excellent operational efficiency and financial stability [2].

Looking ahead, MTNY expects its EBITDA to exceed €45 billion in 2025, with free cash flow surpassing €20 billion. The company plans to double its annual fiber buildout to 1 million lines by 2027, underscoring its commitment to enhancing digital infrastructure and innovation [2]. Analysts maintain a positive outlook with a consensus recommendation of 2.06 (Buy), with price targets ranging from €125 to €158 [2].

Despite the slight revenue miss, MTNY’s stock price remains within its 52-week range but is trending towards the lower end, indicating cautious investor sentiment. The company’s CEO emphasized the importance of value and fiber infrastructure in Germany, stating, "Germany needs a broadband infrastructure based on fiber" [2].

Risks and challenges include slow growth in the German broadband market and intense competition in the telecommunications sector. High costs associated with FTTH buildout in Germany compared to other countries like Spain and a subdued investment climate for alternative networks may impact growth initiatives [2].

MTNY’s Q2 2025 results demonstrate the company’s ability to navigate market challenges and maintain strong financial performance. The company’s focus on value, digital transformation, and innovation positions it well for future growth and competitiveness in the telecommunications industry.

References:

[1] Reuters. (2025). ODDITY Tech Q2 revenue rises 25% yr/yr, beating analyst expectations, per LSEG data. Retrieved from https://www.tradingview.com/news/reuters.com,2025:newsml_PLX2A60B3:0-oddity-tech-beats-q2-adjusted-profit-estimates/

[2] Investing.com. (2025). Earnings Call Transcript: Deutsche Telekom Q2 2025. Retrieved from https://ng.investing.com/news/transcripts/earnings-call-transcript-deutsche-telekom-q2-2025-sees-slight-revenue-miss-stock-dips-93CH-2048846