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Finwire

Millicom increased operating profit more than expected

Mobile operator Millicom reports revenue in line with expectations for the third quarter. Operating profit was better than expected.

Revenue rose 60.8 percent to USD 2,276 million (1,415). The outcome can be compared with the Bloomberg analyst consensus of 2,250.

Adjusted EBITDA amounted to USD 1,092 million (693), with an adjusted EBITDA margin of 48.0 percent (49.0).

Operating profit was USD 600 million (388), versus expectations of 524.2. The operating margin was 26.4 percent (27.4).

Net income after tax was USD 98 million (195).

Millicom, USD millionQ3-2026ConsensusChange versus consensusQ3-2025ChangeNet sales2 2762 2501.2%1 41560.8%Adjusted EBITDA1 09269357.6%Adjusted EBITDA margin48.0%49.0%Operating profit600524.214.5%38854.6%Operating margin26.4%23.3%27.4%Net income98195-49.7%Consensus data from Bloomberg

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