Orange Polska with PLN 91 mln net profit in Q3

In Q3 Orange Polska recorded PLN 91 million of consolidated net profit attributable to shareholders according to IFRS 15 reporting standard against PLN 28 million profit according to IAS 18 y/y. Operating profit amounted to PLN 175 million according to IFRS15 (PLN 217 million according to IAS18 versus PLN 128 million profit a year earlier). EBITDA amounted to PLN 792 million according to IFRS15 (PLN 834 million according to IAS18 compared to PLN 776 million a year earlier).

Adjusted EBITDA stood at PLN 792 million according to IFRS15 (PLN 834 million according to IAS18 compared to PLN 776 million a year earlier). The company said that adjusted EBITDA  growth (in line with IAS18 standard) by 7.5 percent y/y mainly reflects the improvement in revenue, higher profits from the sale of assets and activities in the field of roaming.

Consolidated sales revenue reached PLN 2,755 million in Q3 2018 according to IFRS 15 (PLN 2,800 million according to IAS 18, compared to PLN 2,814 million a year earlier).