July 26, 2016 / 5:40 AM / 3 years ago

Polish Millennium Q2 profit rises less than expected

WARSAW, July 26 (Reuters) - Poland’s Bank Millennium on Tuesday reported a 78-percent year-on-year rise in its second-quarter net profit, as its results were boosted by a sale of shares in credit cards operator Visa Europe.

The Polish unit of Portugal’s Millennium BCP showed a bottom line of 294 million zlotys ($74.15 million), which came below analysts’ expectations of 335 million zlotys.

$1 = 3.9652 zlotys Reporting by Marcin Goclowski; Editing by Agnieszka Barteczko

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