Multimedia with Q3 loss

WSE-listed cable TV operator Multimedia Polska had PLN 1.91 million Q3 net loss, compared to PLN 10.3 million profit last year. After it sold its energy distribution in July this year its results are omitted from the company’s results, and as a result, they’re incomparable with last year’s, the company added. Revenues amounted to PLN 166.9 million, down from PLN 172.44 million the year before. At end-Q3, adjusted EBITDA stood at PLN 252.9 million, slightly down from, PLN 258 million last year. 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 Q1-Q3. The number of RGUs increased 3.8 percent y/y to 1.73 million at end-Q3, driven by increases in TV and broadband. ARPU increased to PLN 69 from PLN 68.3.