Telekom Slovenije Group profits hit by one-time costs

Thursday 26 February 2015 | 17:09 CET | News
Telekom Slovenije Group posted a group net profit of EUR 1.6 million in 2014, down from EUR 52.3 million a year earlier. Revenue totaled EUR 756.5 million, down 3 percent down from 2013, mainly due to lower revenue from mobile voice services and harsher macroeconomic conditions in the markets where it operates. EBITDA reached EUR 170 million, down from EUR 240 million in 2013, and the EBITDA margin was 22.5 percent. Profits came in lower than forecast, due to a number of one-time costs for the storms early in the year, spectrum auction, pending acquisitions and disposals and redundancy

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Categories: General
Companies: Telekom Slovenije
Countries: Slovenia
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