Play with PLN 187 mln Q3 net profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 186.9 million in Q3 vs. PLN 386.4  million profit a year earlier. Operating profit was slightly down to PLN 311.3 million vs. PLN 314.4 million the year earlier. Adjusted EBITDA increased 9.3 percent y/y to PLN 565.2 million. Revenues grew by 9.9 percent to PLN 1.72 billion. In the first six months of the year, Play increased its market share to 28.5 percent (+0.5 percentage points growth y/y), which amounts to 14.89 million customers, with regular subscribers accounting for 9.2 million users. ARPU remained at PLN 32.3 compared to Q2.