Elisa reports flat profit in line with expectations
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)