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General

MTS Group revenues up 9% in Q1

Thursday 23 May 2019 | 17:45 CET | News
Revenues of the MTS Group grew by 9.4 percent year-on-year in the first quarter of this year to RUB 118.0 billion. OIBDA of the group was RUB 55.3 billion, up by 6.0 percent, and the net profit rose 14.1 percent to RUB 17.5 billion. MTS raised its full-year target to flat OIBDA from a previous forecast of slightly lower, while maintaining the revenue growth forecast at 3 percent, due to a tough comparison with H2 2018 and possible regulatory uncertainty.

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Categories: General
Companies: MTS
Countries: Russian Federation
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