MTN expects to report a substantial improvement in earnings per share (EPS) and headline earnings per share (HEPS) when it releases its interim results for the first half of 2025 (H1 2025).<\/p>\n\n\n\n
In a trading statement on Thursday, MTN said it expects to report a “robust performance” for the period due to strong commercial execution, disciplined capital allocation, and improved macro conditions. <\/p>\n\n\n\n
“Inflation and foreign exchange (forex) rates in key markets showed improved stability, which supported the positive momentum in our operational and financial results,” the company said. <\/p>\n\n\n\n
MTN expects to report an increase in EPS of 495 cents to 577 cents, an improvement of more than 200% from the EPS loss of 409 cents in the first half of 2024. <\/p>\n\n\n\n
HEPS is expected to surge over 300%, from a negative 256 cents to a positive 614 cents to 666 cents. <\/p>\n\n\n\n
MTN explained that the difference between the EPS and HEPS was largely attributable to impairment losses related to investments, goodwill, property, plant and equipment, totalling approximately 104 cents.<\/p>\n\n\n\n
The HEPS also include non-operational items totalling a net amount of approximately 12 cents.<\/p>\n\n\n\n
MTN said that although its South African business faced challenges, particularly in the prepaid segment, the trajectory of its broader operations was encouraging.<\/p>\n\n\n\n
“MTN Nigeria and MTN Ghana published strong H1 25 results on 30 July 2025 and 31 July 2025, respectively, demonstrating pleasing growth in service revenue and profitability,” MTN said.<\/p>\n\n\n\n
Nigeria’s Naira stabilised in 2025 after severe devaluations in 2023 and 2024, after that country’s government stopped pegging the currency at an artificially high value. <\/p>\n\n\n\n
Because MTN reports its results in rand, its revenues in Nigeria plummeted despite increasing on a constant currency basis. <\/p>\n\n\n\n
The table below compares MTN’s EPS and HEPS in the first halves of 2024 and 2025. <\/p>\n\n\n\n MTN expects to report over 300% growth in headline earnings per share in its 2025 interim results. <\/p>\n","protected":false},"author":341042,"featured_media":590464,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19],"tags":[62492,42,83667,11339,100914,100915,72610],"class_list":["post-605713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-african-telecoms","tag-mtn","tag-mtn-ghana","tag-mtn-nigeria","tag-mtn-share-price","tag-mtn-shares","tag-south-african-telecoms"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/605713"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341042"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=605713"}],"version-history":[{"count":7,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/605713\/revisions"}],"predecessor-version":[{"id":605737,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/605713\/revisions\/605737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/590464"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=605713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=605713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=605713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/th> Earnings per share (EPS)<\/th> Headline earnings per share (HEPS)<\/th><\/tr><\/thead> H1 2024<\/td> -409 cents <\/mark><\/td> -256 cents<\/mark><\/td><\/tr> H1 2025 (expected)<\/td> 495 to 577 cents<\/mark><\/td> 614 to 666 cents<\/mark><\/td><\/tr> Expected range of increase<\/td> 904 to 786 cents<\/td> 870 to 922 cents<\/td><\/tr> Change in percentage<\/td> >200%<\/td> >300%<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"