Company Guidance

Our revised guidance for 2025 is as follows:
- 10% Revenue (excluding IFRIC 12) growth
- 41% EBITDA margin
- 29% CAPEX intensity
Consolidated |
2025 Previous Guidance |
2025 Revised Guidance |
H1’25 Actuals |
Revenue (ex-IFRIC 12) growth |
8-9% |
10% |
14.7% |
EBITDA margin |
38-40% |
41% |
40.8% |
CAPEX intensity |
28-29% |
29% |
22.0% |
Notes:
- We assumed 29% inflation rate by the end of 2025.
- Capex guidance excludes potential spending for the solar investments, 5G tender, concession renewal and license fees.
2025 guidance expectations represent approximate values.