Agora with lower-than-expected loss

Major Polish publisher Agora recorded a consolidated net loss of PLN 10.1 million in the third quarter of 2014 compared to PLN 9.7 million a year earlier, the company said in a statement on Friday. Analysts polled by the Polish Press Agency had expected the net loss to be PLN 14.1 million. Agora’s operating loss in Q3 2014 stood at PLN 9.8 million compared to a loss of PLN 11.9 million a year earlier. Analysts expected the operating loss to be PLN 14.6 million. The group’s sales revenue in Q3 2014 amounted to PLN 243.9 million compared to PLN 240 million in Q3 2013. Market consensus saw the revenue at PLN 241 million.