35% Jump and Large Dividends: Partner Cuts Debt in Half
Despite competition and war-related challenges, Partner reports a dramatic reduction in net financial debt to 128 million shekels and a positive net gain in television subscribers for the first time in four years. All data is based on financial reports.
The Partner Group concludes 2025 with growth in profitability, significant financial strengthening, and a dramatic reduction in debt. Despite the challenges of the war and intense competition in the communications market, the company presents an improvement in business structure, growth in the subscriber base, and an announcement of a generous dividend distribution to shareholders.
During the year, net profit rose by 10% to 304 million shekels, and operating profit reached 433 million shekels. Free cash flow jumped by 35% to 386 million shekels, and net financial debt was cut in half to 128 million shekels — data that paved the way for a dividend distribution of 465 million shekels. At the same time, the number of mobile subscribers grew by 47,000 to 2.678 million, fiber optic subscribers reached 468,000, and in the television sector, a positive gain of about 6,000 subscribers was recorded in the fourth quarter.
"The results reflect the fruits of investments in all areas of activity that brought nice growth in the customer base," said CEO Avi Gabay. "The improvement led to financial strengthening that allows us to serve customers, employees, and shareholders."
CFO Miri Tekutiel added: "We recorded growth in profitability indicators despite the challenges of the war and the increase in frequency license costs."
Partner demonstrates business stability and tight budget discipline, as reflected in a jump of about 74% in the stock price over the last 12 months. The focus on growth engines of fiber optics and advanced services positions the company in a strong position for the future.
