Scope affirmed Magyar Telekom rating as Magyar Telekom stock traded below EUR 6.94

Published on 10/08/2026 at 14:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 0.80 percent to HUF 243.3 billion. Magyar Telekom stock costs EUR 6.91 on October 8, 2026 after EUR 6.94.

Magyar Telekom, HU0000073507, Illustration mit AI erstellt.

Magyar Telekom stock (ISIN HU0000073507) was trading at EUR 6.91 at Lang & Schwarz on October 8, 2026 at 2:13 p.m. CEST, down 0.43 percent versus the EUR 6.94 prior close. Scope affirmed Magyar Telekom's BBB+ issuer rating with a stable outlook on September 15, 2026, according to Portfolio.

Three dated company milestones

Magyar Telekom paid HUF 154 per ordinary share for business year 2025 starting May 20, 2026, according to Magyar Telekom. The company reported second-quarter 2026 revenue of HUF 243.3 billion on August 5, 2026, up 0.80 percent year over year, while adjusted net profit declined 1.50 percent to HUF 55.0 billion, according to Vilaggazdasag. Scope then affirmed the BBB+ rating with a stable outlook on September 15, 2026, according to Portfolio.

What supports the rating?

Scope cited Magyar Telekom's strong competitive position and cash generation. The company's adjusted EBITDA margin rose from 37.50 percent in 2024 to 42.20 percent in 2025, while its debt-to-EBITDA ratio improved from about 2.00 in 2020-2022 to 0.90 in 2025 and the twelve months through the first half of 2026, according to Portfolio.

The counterweight is concentration. Magyar Telekom's mobile and broadband market share was about 45 percent in Hungary, while North Macedonia contributed 8 percent of group revenue and EBITDA in 2025, according to the same Scope assessment published by Portfolio. That mix supports a strong domestic position but limits geographic diversification.

Stock trades below prior close

The Lang & Schwarz quote stood at EUR 6.91 on October 8, 2026 at 2:13 p.m. CEST, minus 0.43 percent versus the EUR 6.94 prior close. The company is listed on the Budapest Stock Exchange under ticker MTELEKOM.BD and belongs to the communication services sector. The further course of trading is shown by the continuously updated real-time quote of Magyar Telekom stock.