T-Mobile CR, the No. 2 domestic mobile operator, 39% owned by Ceske radiokomunikace, unexpectedly released its CAS HI figures yesterday:
CAS, CZK mil. HI 2003 HI 2002 % change
Sales 11,500 9,775 15.00%
EBITDA 5,300 5,475 -3.30%
Pre-tax Income 2,700 3,159 -17.00%
Net profit 1,830 2,590 -29.34%
Cust.mil. eop. 3,610 3,150 14.60%
The figures were broadly in line with our expectations; a more detailed analysis of T-Mobile CR’s HI performance will be available following its German GAAP HI figures on August 14, which are used by the analysts.
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