Pre-tax profits dropped by around 10%, however, when compared to the first six months of 2025, to €14.8m. ‘Highly competitive landscape’Cost of sales rose by 12% to €87.4m. On the local market, GO reported that revenue increased by 8.8% to reach €80.2m, “despite a highly competitive landscape in the telecommunications segment, both technologically and marketwise”. Despite higher revenue, the division’s pre-tax profit declined by around €1m to €13.2m, as the cost of sales and administrative expenses increased. It noted that underlying profits before tax rose 4.8% on a like-for-like basis compared to the first half of last year.