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MTN Group FY 2025 earnings are set to reflect a remarkable recovery and robust growth for the telecommunications giant. The company has issued a trading statement indicating strong operational progress and favorable macroeconomic conditions in its major markets. This performance marks a significant turnaround from the previous year.
Key operations such as MTN Nigeria and MTN Ghana played pivotal roles in driving MTN Group FY 2025 earnings higher. Both subsidiaries released their full-year results in late February 2026, showcasing improved revenue streams and enhanced profitability. MTN Nigeria delivered impressive service revenue expansion, while MTN Ghana achieved substantial growth in subscribers and financial metrics. Meanwhile, MTN South Africa managed ongoing competitive challenges in its prepaid segment, but contributions from other markets added positive momentum to the overall group results.
The financial highlights for MTN Group FY 2025 earnings are particularly striking in terms of earnings metrics. Earnings per share (EPS) are expected to shift from a loss of 531 cents in FY 2024 to a positive range of 1062 to 1168 cents in FY 2025. This represents an increase of more than 300 percent. Headline earnings per share (HEPS) show even stronger improvement, projected to rise from 98 cents in FY 2024 to between 1264 and 1284 cents in FY 2025. This equates to growth exceeding 1000 percent, or an uplift of 1166 to 1186 cents.
The variance between EPS and HEPS in MTN Group FY 2025 earnings stems mainly from impairment charges related to investments, goodwill, and property, plant, and equipment, estimated at around 157 cents. Non-operational items impacting FY 2025 HEPS amount to approximately negative 85 cents, a substantial improvement compared to negative 718 cents in the prior year.
Adjustments to prior-year figures for MTN Ghana further enhance the comparative context for MTN Group FY 2025 earnings. Restatements to FY 2024 results improve EPS by about 12 cents to negative 519 cents and HEPS by 12 cents to 110 cents. These changes are illustrative and provide a clearer baseline for assessing the group’s progress.
MTN Group anticipates releasing its complete audited financial results, incorporating the restated FY 2024 numbers, on the Johannesburg Stock Exchange around 16 March 2026. The recent trading statement was issued under the oversight of the group’s directors and awaits external audit review.
This outlook underscores MTN’s strategic focus on operational efficiency, market expansion, and resilience amid economic variations across Africa. Investors and stakeholders can look forward to detailed insights when the full results are published.
