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General

Hrvatski Telekom sees 3.2% growth in Q4 revenue

Thursday 23 February 2017 | 17:43 CET | News
Croatian operator Hrvatski Telekom ended the fourth quarter 2016 with HRK 1.78 billion in revenue, an increase of 3.2 percent. Mobile revenue rose 3.1 percent to HRK 703 million, and broadband & TV revenue was up 1 percent to HRK 329 million, while fixed voice fell by 12.6 percent to HRK 227 million. EBITDA before exceptional items rose 3.8 percent to HRK 709 million, and the EBITDA margin improved to 39.7 percent. For 2017, the Croatian operator targets stable revenues and an adjusted EBITDA margin around 40 percent. While the economic outlook is improving, pressure remains from high

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Categories: General
Companies: Hrvatski Telekom
Countries: Croatia (Hrvatska)
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