Multimedia Q2 profit grows to PLN 4.07 mln

WSE-listed cable TV operator Multimedia Polska had PLN 4.07 million Q2 net profit, compared to PLN 0.76 million profit last year.  Revenues amounted to PLN 170.42 million, down from PLN 175.69 million the year before. For H1, adjusted EBITDA stood at PLN 173.6 million, unchanged y/y. The number of services (RGU) increased by 3 percent y/y to 1.71 million, mostly in TV and broadband. ARPU increased to PLN 69 from PLN 68.3 in H1. The company is currently ongoing the sale process of its assets to UPC, pending UOKiK approval.