HT Reports Good Results in 1H26

Hrvatski Telekom maintained its growth trajectory in 1H26, delivering 2.6% YoY revenue growth. The company stated it was supported by continued service revenue growth and strong performance in the System Solutions business.

Adjusted EBITDA AL increased by 3.0%, as net profit after non-controlling interests reached €65.8 million, a 13.6% jump reflecting improved operating performance and materially lower exceptional items compared to 1H25. Investments reached €131.9 million, up 12.8%, underscoring HT's continued commitment to expanding fiber and mobile infrastructure across Croatia, while strengthening the foundation for sustainable growth.

In Q2, the General Assembly approved a dividend of €1.69 per share for FY 2025, representing a payout ratio of 92.8% of the Company's realized profit and a dividend yield of 4.2%. The dividend was distributed in July 2026, directly benefiting nearly 146,000 shareholders, including private individuals and institutional investors. Despite the still-volatile environment, HT expects to maintain its growth trajectory in 2026, with both revenue and Adjusted EBITDA AL projected to grow at a low single-digit rate.

“In the first half of 2026, Hrvatski Telekom continued to grow across business segments, driven by solid performance in fixed and mobile services, continued demand for ICT solutions and the ongoing transformation of our business. In the period ahead, we will remain focused on strengthening our market leadership, improving operational efficiency, and accelerating the use of advanced technologies across our business. By combining high-quality connectivity, modern digital infrastructure, responsible business practices and the expertise of our employees, we will continue creating long-term value for our customers and shareholders and contributing to the development of the Croatian economy and society," said Nataša Rapaić, CEO of Hrvatski Telekom.