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General

Optus quarterly EBITDA increases 2.6%, net profit stable

Friday 11 August 2017 | 13:07 CET | News
Australian operator Optus saw its EBITDA increase 2.6 percent year-on-year to AUD 662 million in the quarter ended 30 June 2017. Net profit was stable at SHD 171 million following an increase in depreciation and amortisation from network investments and net finance expenses, the company said. Operating revenue rose 4.8 percent to AUD 2 billion due to higher mobile and NBN revenues, partially offset by decline in wholesale fixed revenues. Free cash flow for the quarter amounted to AUD 120 million, up from AUD 99 million in the year-earlier period.

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Categories: General
Companies: Optus
Countries: Australia
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