Play with PLN 143 mln Q4 net profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 142.9 million in Q4 vs. PLN 149.5  million profit a year earlier. Operating profit was slightly down to PLN 360.2 million vs. PLN 360.8 million a year earlier. Adjusted EBITDA increased by 1.6 percent y/y to PLN 569.5 million. Revenues grew by 7.4 percent to PLN 1.73 billion. In the whole year, Play had PLN 387 million net profit, down from PLN 712 million, while revenues increased to PLN 6.66 billion from PLN 6.11 billion in 2016.