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General

Telefonica Brasil lifts Q3 net profit 9.6% to BRL 952.7 mln

Wednesday 26 October 2016 | 10:58 CET | News
Telefonica Brasil ended the third quarter with a net profit of BRL 952.7 million, up 9.6 percent from the year before. Revenues grew 2.2 percent to BRL 10.38 billion, with mobile telephony revenues rising 4.9 percent to BRL 6.13 billion. EBITDA totaled BRL 3.4 billion (+8.8%), with an EBITDA margin of 31.9 percent (+2.3%). Operational costs were down by 2.2 percent, free cash flow was BRL 1.3 billion (+36.7%), and the company invested BRL 1.9 billion, equivalent to its net operational revenue in the period. At end September, Telefonica Brasil had 97.2 million accesses, of which 73.5 million

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Categories: General
Companies: Telefonica Brasil / Vivo
Countries: Brazil
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