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Tue 17 Mar 2026
Close: 19 564c 
Day's move: -8c (-0.04%)
Volume: 8 035 453
Trades: 14 344
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Revenue for the year jumped to R226.7 billion (R188.0 billion) whilst profit attributable to equity holders turned around to R20.3 billion (loss of R9.4 billion). Furthermore, headline earnings per share multiplies to 1 274 cents per share (110 cents per share).
Declaration of final ordinary dividend
A gross final dividend of 500 cents per share for the period to 31 December 2025 has been declared and will be paid out of revenue reserves.
FY 2025 webcast
MTN will be hosting a webcast and presentation today, Monday 16 March 2026, where we will be unpacking the Group's performance for the full year ended 31 December 2026.
Company outlook and priorities
The more supportive macroeconomic conditions across our markets boosted the strong performance of our business in FY 2025 and provides a foundation for continued growth going forward. In this context, we believe that our Ambition 2030 strategy embodies the right framework to sustain our medium-term growth and value creation journey.
While current macro conditions are supportive of the business, we note the rapidly-evolving developments in global geopolitics. Notably, the conflicts in the Middle East, Ukraine and elsewhere create added uncertainty for global and local macro conditions, including potential impacts on indicators such as energy supply and prices, foreign exchange rate volatility and the trajectory of inflation in our markets. If sustained, the escalating geopolitical risks may adversely impact our operating environment and prospects, including our market guidance.
Operationally, we remain focused on maintaining the robust performances in MTN Nigeria, MTN Ghana and MTN Uganda; as well as the traction in various markets within our broader portfolio. We will also continue driving the initiatives to improve the performance in MTN SA, particularly in prepaid.
In our fintech platform, we remain focused on scaling ecosystem growth amidst competitive and pricing disruptions. Our priority is to deepen penetration and engagement, with an eye on commercial monetisation.
The health and flexibility of the Group's financial profile will continue to be guided by disciplined focus on efficiencies and our capital allocation priorities. This underpins the execution of our strategy and value creation objectives.
In terms of ongoing key strategic initiatives, we prioritise completing the structural separation of the fintech businesses in Ghana, Uganda and Nigeria, as well as concluding MTN's acquisition of IHS. More broadly, we are excited to progress our strategic journey through execution of Ambition 2030.
Our medium-term guidance and framework has been updated to better embody our capital allocation discipline and returns focus. Our medium-term guidance framework is outlined in full in the FY 2025 results booklet.
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| Click here for Results Analysis |
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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