PT communicates quarter results
Thursday, May 18, 2006
Today, the PT Group communicated the results pertaining to the first quarter of 2006. Highlight goes to the Euro 211 million net results, equivalent to a 15.6% increase on equal period last year. Operating revenues totalled Euro 1,566 million.
Portugal Telecom communicated the Group’s quarter results featuring operating revenues that totalled Euro 1,566 million, 7.8% up on equal period in 2005. Operating income before depreciation and amortization (EBITDA) was Euro 587 million, equivalent to a 37.5% margin. EBITDA minus Capex totalled Euro 425 million. Net results stood at Euro 211 million, representing a 15.6% increase on equal period last year. The Group’s net debt reached Euro 3,678 million at the end of March 2006.
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