Net sales revenue climbed 9% year-on-year to HUF 350.8 bln.

The telecommunications business generated 87% of the total, IT 12% and the space and defence division 1%. Domestic sales accounted for 87% of revenue, while sales in Albania accounted for 9% and turnover in Montenegro for 4%.

EBITDA rose 11% to HUF 122.6 bln, but non-cash items put the company in the red.

The valuation of purchase price allocations related to acquisitions had a negative impact of HUF 11.5 bln and a transformation program launched in 2024 generated costs of around HUF 8.2 bln, while 4iG booked unrealised FX gains of HUF 7.7 bln.

Excluding the impact of those items, net profit would have come to HUF 10.8 bln.

In full-year guidance, 4iG put revenue growth over 10%.