GO plc crosses quarter-billion euro revenue milestone
The board is recommending a total net dividend of 16 euro cents per share for 2025, the highest ordinary dividend paid in five years
GO plc has held its annual general meeting, where shareholders were presented with what the group described as a 'landmark' set of financial results for the 2025 financial year together with a compelling vision for the future.
GO described 2025 as “a milestone year on every front” during which it celebrated its 50th anniversary. The group last year completed its nationwide True Fibre rollout, a €100 million infrastructure programme.
"For the first time in our history, GO crossed €254 million in group revenue, the first time in the company's history it has exceeded the quarter-billion euro mark, with net profit rising a remarkable 32% year-on-year to €20.7 million, itself a record. Around 30% of that revenue is now coming from beyond traditional telecoms, reflecting the strength of our strategy. We are, at our core, in the business of winning trust. That trust is our most valuable asset, and it is the foundation of our future growth," said Nikhil Patil, Group CEO of GO plc.
EBITDA grew to €92 million, while operating cash flow strengthened to €73.9 million. The board is recommending a total net dividend of 16 euro cents per share for 2025, the highest ordinary dividend paid in five years, as part of a seven-year track record that has returned over €162 million to shareholders.
Approximately 30% of group revenue now derives from activities beyond traditional telecoms services, a deliberate and accelerating strategic shift. Subsidiaries including BMIT Technologies, AQS Energy, SENS Innovation, Connected Care, Cybersift, Klikk, GO Ventures and Cablenet in Cyprus are each contributing to a broader digital and energy ecosystem.
"Non-telecom revenue now stands at €68.2 million and continues to grow. This is not accidental. It is the deliberate result of a strategy to build a broader digital and energy ecosystem around our core business, one that deepens customer relationships, creates new revenue streams, and strengthens our resilience. I am pleased to report that 2026 has started strongly, with revenue growing at approximately 11% year-on-year," said Reuben Attard, Chief Financial Officer of GO plc.