Elisa reports flat profit in line with expectations

HELSINKI Fri Oct 19, 2012 1:46am EDT

HELSINKI (Reuters) - Finnish telecom operator Elisa (ELI1V.HE) reported third-quarter profit in line with market expectations and little changed from a year earlier, as mobile and data services sold steadily despite a weak economy.

Quarterly earnings before interest, tax, depreciations and amortisation (EBITDA) was 134 million euros ($175 million), roughly in line with an average forecast of 136 million euros in a Reuters analyst poll.

The company repeated its outlook for 2012 revenue and EBITDA to be flat and for operating profit to increase due to less depreciation.

($1 = 0.7638 euros)

(Reporting by Helsinki Newsroom)

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