TIM S.A. (NYSE:TIMB) Q4 2024 Earnings Call February 11, 2025 8:00 AM ET
Company Participants
Vicente Ferreira – Head, Investor Relations
Alberto Griselli – Chief Executive Officer
Andrea Viegas – Chief Financial Officer
Conference Call Participants
Marcelo Santos – JPMorgan
Bernardo Guttmann – XP
Leonardo Olmos – UBS
Vitor Tomita – Goldman Sachs
Phani Kanumuri – HSBC
Cesar Davanço – Santander
Carlos de Lagarreta – Itaú BBA
Daniel Federle – Bradesco BBI
Operator
Good morning, ladies and gentlemen and welcome to TIM S.A. 2024 Fourth Quarter Results Video Conference Call. We’d like to inform you that this event is being recorded [Operator Instructions] There will be a replay for this call on the company’s website. After TIM S.A. remarks are completed, there will be a Q&A session for participants. At that time, further instructions will be given.
Now I’ll pass the word to Vicente, Head of IR. Please go ahead, sir.
Vicente Ferreira
Hello and welcome to TIM S.A.’s fourth quarter 2024 earnings conference. I am Vicente Ferreira, Head of Investor Relations. This video highlights our recent performance and the updated 3-year guidance. Afterwards, we will have a live Q&A session with CEO, Alberto Griselli; and CFO, Andrea Viegas. Please note that management may make forward-looking statements and this presentation may contain them, refer to the disclaimer on the screen and on our Investor Relations website.
Now, let’s review our results.
Alberto Griselli
Hello, everyone. I am Alberto Griselli, CEO of TIM Brasil. I am pleased to present to you a robust set of results in a dynamic year when we overcame challenges and took advantage of our strengths to meet all of our targets. 2024 was marked by powerful cash generation, thanks to solid financial and operational results. We closed the year with service revenue growing 6.4% at the top of the guidance range. At this speed, we outpaced
