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Friday, 26.04.2024, 22:59
Revenue of TEO LT in 2014 grew to EUR 202.3 mln
The total revenue for the twelve months of 2014 was LTL 698 million (EUR 202.3 million), a decrease by 3.1% over the total revenue of LTL 721 million (EUR 208.7 million) for the twelve months of 2013.
EBITDA for the fourth quarter of 2014 was up 2.3% to LTL 67 million (EUR 19.3 million) over LTL 65 million (EUR 18.9 million) in the fourth quarter of 2013. EBITDA margin amounted to 36.1% (36.4% in 2013). EBITDA for the twelve months of 2014 was down by 7.4% to LTL 271 million (EUR 78.5 million) over LTL 293 million (EUR 84.8 million) for the same period year ago. EBITDA margin declined and amounted 38.8% (40.6% in 2013). EBITDA excluding non-recurring items over the year went down by 3.7% while EBITDA margin excluding non-recurring items stood at 41.1%.
Profit before income tax for the fourth quarter of 2014 was up by 2.9% and amounted to LTL 35 million (EUR 10.2 million). LTL 34 million (EUR 9.9 million) a year ago. Profit before income tax for the twelve months of 2014 was down by 11.5% and amounted to LTL 147 million (EUR 42.4 million). LTL 166 million (EUR 47.9 million) a year ago. Profit before income tax excluding non-recurring items was by 4.8% lower than in 2013.
Profit for the period in October-December 2014 amounted to LTL 32 million (EUR 9.3 million), while a year ago it was LTL 31 million (EUR 8.9 million), an increase by 3.8%. The profit margin was 17.4% (17.3% a year ago). Profit for the period in January-December 2014 amounted to LTL 131 million (EUR 38.1 million), a decrease by 11.9% over the profit of LTL 149 million (EUR 43.2 million) for the same period year ago. The profit margin was 18.8% (20.7% a year ago). Profit for the period excluding non-recurring items in 2014 was by 4.5% lower than in 2013 and profit margin excluding non-recurring items was 21.1%.