Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Warsaw Stock Exchange  >  Orange Polska SA    TPSA   PLTLKPL00017

News SummaryMost relevantAll newsSector news 

Telekom Polska : Poland's TPSA Sees Improving Revenue Trends In Coming Quarters

04/26/2012 | 02:57am US/Eastern

Telekomunikacja Polska SA (TPS.WA), Poland's largest telecommunications operator, expects better revenue trends in the coming quarters than in the first quarter, when it posted an adjusted revenue decline of 3.4% on the year, Chief Executive Maciej Witucki said Thursday.

"The revenue trend continues to improve," he said on a conference call. The revenue decline narrowed to 3.4% versus 4.1% a year earlier, but cuts of the regulated prices operators charge each continue to weigh.

"In the coming quarters, we expect a further improvement of revenue trends, strongly supported by the mobile segment," he said.

TPSA said earlier Thursday its first-quarter revenue fell 5.6% to 3.52 billion zlotys ($1.11 billion). The year-earlier figure included broadcasting unit Emitel, which TPSA sold in 2011. Excluding Emitel, revenue fell 3.4% on the year. The company confirmed it expects its full-year revenue to decline by up to 3% this year.

TPSA also said its first-quarter net profit rose 28% on last year, when the figure was hit by asset impairment charges for older mobile networks. Witucki said the company is "moderately satisfied" with its first-quarter performance.

TPSA Thursday confirmed its 2012 guidance for an earnings before interest, taxes, depreciation and amortization, or Ebitda, margin at 35%-37% of revenue, and for net free cash flow at PLN2 billion. Witucki said there are no risks to those targets.

-By Marcin Sobczyk, Dow Jones Newswires; +48 22 447 2432; marcin.sobczyk@dowjones.com

React to this article
Latest news on ORANGE POLSKA SA
11/26 ORANGE POLSKA : CR# 58_2015 Orange Polska bond issue within the Group
11/20 ORANGE POLSKA : CR# 57_2015 Orange Polska bond issue within the Group
11/11 ORANGE POLSKA : CR# 56_2015 Orange Polska bond issue within the Group
11/04 ORANGE POLSKA : CR# 55_2015 Orange Polska bond issue within the Group
10/28 ORANGE POLSKA : CR# 54_2015 Orange Polska bond issue within the Group
10/20 ORANGE POLSKA : highest bidder in 4G auction
10/19 ORANGE POLSKA : CR# 51_2015 Orange Polska wins auction for highly valuable LTE s..
10/14 ORANGE POLSKA : CR# 50_2015 Orange Polska bond issue within the Group
10/10 ORANGE POLSKA : CR# 49_2015 Orange Polska bond issue within the Group
10/09 ORANGE POLSKA : CR# 47_2015 Orange Polska bond issue within the Group
News chart
Full-screen chart
Income Statement Evolution
More Financials