Cablevisión Holding S.A. (CVH) Earnings Call Transcripts

Cablevisión Holding S.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Cablevisión Holding S.A. (CVH:AR) reported a significant revenue increase of 72% year-over-year, driven primarily by the full consolidation of Telecom Argentina's acquisition of Telefónica Móvil Argentina (TMA). The company achieved an EBITDA margin of 34.5%, up from 32.9% in the prior year, reflecting operational efficiencies and cost management. Management maintained a positive outlook, indicating continued growth potential despite ongoing economic challenges in Argentina, including inflationary pressures and geopolitical uncertainties.

Reported metrics

Guidance from management

Management maintained a positive outlook for 2026, indicating continued growth potential despite inflationary pressures and geopolitical uncertainties. They emphasized the importance of macroeconomic stability and structural reforms.

What management said

Thank you, Danish. Good morning, everyone, and thank you for joining us. Today's call will begin with a brief macro overview and continue with a review of the company's income statements and operating results, followed by a review of the financial position. I will now pass the call to Ignacio for the macro overview.

Thank you, Danish. Thank you all for your attendance to this conference call today. Should you have any questions in the future, do not hesitate to contact our IR team. Have a great day.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of revenue growth in fixed services, particularly given the 10.4% decline in fixed telephony revenues. Additionally, there were worries about the impact of rising inflation on consumer spending and overall economic activity in Argentina.

Main topics on the call

• Revenue Growth Driven by TMA Acquisition — Cablevisión's revenues surged by 72% year-over-year, reaching ARS 2,357.7 billion, largely due to the full consolidation of TMA's results. Management noted, "Revenues in nominal terms increased 72%...mostly driven by the...
• Improved EBITDA Margin — The EBITDA margin improved to 34.5%, up from 32.9% in Q1 2025, attributed to cost efficiencies and the deconsolidation of Micro Sistemas. Management stated, "EBITDA in real terms increased 13.5% and margin increased to 3...
• Net Income Growth — Net income rose significantly to ARS 628.9 billion, compared to ARS 115.1 billion in the previous year, primarily due to favorable foreign exchange differences. Management highlighted, "This increase in net income is mai...
• Challenges in Fixed Services Revenue — Fixed telephony and data services revenues decreased by 10.4%, reflecting ongoing challenges in the segment. Management noted, "Fixed telephony and data services revenues registered a decrease of 10.4%, explained by a de...

Read the full Cablevisión Holding S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 23 Cablevisión Holding S.A. earnings call transcripts on record, spanning August 26, 2020 to August 11, 2026. Based on this history, Cablevisión Holding S.A. reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CVH

Exchange

BASE

Country

AR

Sector

Communication Services

Industry

Media

Calls on record

23

First call

August 26, 2020

Most recent

August 11, 2026

Reporting cadence

quarterly