HT Q1 results higher after Optima takeover

Tuesday 5 May 2015 | 14:06 CET | News
Croatian operator T-Hrvatski Telekom reported first-quarter revenues up 0.7 percent year-on-year to HRK 1.619 billion, largely thanks to its takeover of Optima Telekom. The drop in adjusted EBITDA slowed to 1.2 percent, for a total HRK 622 million and a margin of 38.4 percent. Net profit totalled HRK 151 million, down 21 percent after an increase in depreciation and amoritsation. HT increased capital investment in the first quarter by 34.5 percent to HRK 253 million and said it plans an over 25 percent hike in capex in the full year 2015 to HRK 1.35 billion. The investment will go to

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