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BRIEF-Orange's Polish unit sees 2017 EBITDA at 2.8-3.0 bln zlotys
September 4, 2017 / 11:27 AM / 3 months ago

BRIEF-Orange's Polish unit sees 2017 EBITDA at 2.8-3.0 bln zlotys

Sept 4 (Reuters) - Orange Polska SA:

* Orange Polska, the Polish unit of France’s Orange , sees adjusted EBITDA at 2.8-3.0 billion zlotys ($842 million) in 2017, the company said on Monday.

* Orange Polska, which is Poland’s largest telecoms operator, sees its adjusted EBITDA stable y/y in 2018 and growing in subsequent years.

* Sees capital expenditure at 2.0-2.2 billion zlotys in 2018 and 2019 and at around 2 billion zlotys in 2020.

* Sees revenues stable in 2019 and growing in subsequent years.

* In July, Orange Polska reported its second-quarter net profit rose to 71 million zlotys, while revenues slipped to 2.84 billion zlotys.

* For 2016, Orange Polska booked a net loss of 1.75 billion zlotys because of an impairment on its fixed assets and thus did not pay out a dividend in 2017.

Source text:

Further company coverage: ($1 = 3.5627 zlotys) (Reporting by Agnieszka Barteczko; Editing by Mark Potter)

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