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Telia Lithuania's Q1-3 net profit jumps 15%
BC, Vilniaus, 19.10.2018.
Print version
Print versionLithuania's telecoms company Telia Lietuva posted 41.197 mln euros in consolidated net profits for the three quarters of 2018, up 14.8% from 35.878 mln euros a year ago, informs LETA/BNS.
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Consolidated sales revenue increased by 3.6% year-on-year to 279.707
mln euros, Telia Lietuva said in its
report for January through September, 2018.
Revenue from fixed-line telephone services fell by 5.7% to 136.13 mln
euros, but revenue from mobile services rose by 12.3% to 89.78 mln
euros. Equipment sale revenue jumped by 18% to 53.797 mln euros.
EBITDA, excluding non-recurring items, increased by 5.9% to 95.675 mln
euros and the EBITDA margin edged up by 0.7%age points to 34.2%.
Investments grew by 23.4% year-on-year to 49.6 mln euros.
Sweden's Telia Company owns
88.15% of shares in the Lithuanian telecoms operator, which is quoted on the
blue-chip Main List of the Nasdaq
Vilnius Stock Exchange.
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