NOS refinances EUR 380 million as NOS stock falls 2.64 percent

Published on 10/09/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income rose 34.10 percent to EUR 77.50 million. NOS stock costs EUR 5.16 versus EUR 5.30, down 2.64 percent.

Key points in brief

NOS refinanced EUR 380.00 million on September 30, 2026, using sustainability-linked debt instruments with four-, five- and six-year maturities.
Second-quarter 2026 net income rose 34.10 percent to EUR 77.50 million while revenue stayed at EUR 458.30 million.
The Lang & Schwarz quote was EUR 5.16 on October 9, 2026, down 2.64 percent from the EUR 5.30 prior close.
NOS stock has a 52-week range of EUR 3.60 to EUR 5.71 and a market capitalization of EUR 2.6 billion.

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NOS refinanced EUR 380.00 million on September 30, 2026, and NOS stock was trading at EUR 5.16 at Lang & Schwarz on October 9, 2026 at 1:18 p.m. CEST, down 2.64 percent. According to Jornal Economico on September 30, 2026, the new debt instruments replace existing facilities and mature in four, five and six years. The refinancing gives the company a fresh financing milestone while the share price reflects a weaker session.

Three milestones shape the picture

On July 23, 2026, NOS reported second-quarter revenue of EUR 458.30 million and net income of EUR 77.50 million, according to Investing.com. On September 24, 2026, XTB highlighted 5.7 million homes covered by NOS fiber and more than 72,000 new contract customers during the quarter. The September 30 refinancing then added EUR 380.00 million of debt capacity to the chronology.

What does the refinancing change?

Jornal Economico reported that more than 90.00 percent of NOS contracted debt will be linked to sustainability objectives after the refinancing. The same report put net financial debt at 1.60 times EBITDA after leases as of June 30, 2026, below the company policy reference of 2.00 times. That combination matters because stable revenue in the second quarter was accompanied by a 34.10 percent increase in net income, making cost control and cash generation central to the next results update.

Next results arrive in November

The next earnings date is November 3, 2026, according to InvestPane. The upcoming report will test whether the second-quarter earnings improvement can continue while revenue growth remains limited. NOS lists Euronext Lisbon as its trading market and operates across telecommunications and entertainment.

Stock trades below its October close

NOS was trading at EUR 5.16 at Lang & Schwarz on October 9, 2026 at 1:18 p.m. CEST, down 2.64 percent versus the prior close of EUR 5.30 on October 8, 2026. The quote sat inside a 52-week range of EUR 3.60 to EUR 5.71, while market capitalization stood at EUR 2.6 billion as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of NOS stock.