Mexico's America Movil posts 350% jump in Q4 profit
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The logo of America Movil is pictured on the wall at a reception area in the company's corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf
By Natalia Siniawski
MEXICO CITY, Feb 10 (Reuters) - Mexican telecom company America Movil on Tuesday posted a more than 350% jump in profit for the fourth quarter of 2025, boosted by a swing to foreign exchange gains that helped slash its financing costs.
America Movil, controlled by the family of Mexican billionaire Carlos Slim, reported net profit of 19.13 billion pesos ($1.1 billion) from revenue of 244.9 billion pesos ($14.2 billion).
Analysts polled by LSEG had predicted dollar-denominated revenue of $13.33 billion.
The company said in a statement its fourth-quarter financing costs fell by nearly half to 15.64 billion pesos, as foreign exchange results swung to a gain from a year-earlier loss.
Earnings before interest, taxes, depreciation and amortization landed at 94.93 billion pesos ($5.52 billion) for the October-December period, slightly above analysts' $5.17 billion prediction.
America Movil added 2.5 million mobile subscribers in the quarter, as 2.8 million postpaid additions more than offset a loss of about 300,000 prepaid users.
($1 = 17.20 Mexican pesos)
(Reporting by Natalia Siniawski, Editing by Iñigo Alexander, Daina Beth Solomon, Rod Nickel)
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