Cyfrowy Polsat Q4 results due April 10 after market close
Q4 net profit forecast at 146 million zlotys - poll
April 8 (Reuters) - Polish telecommunications and media company Cyfrowy Polsat CPS.WA is forecast to post a 45% jump in fourth-quarter net profit, with revenue expected to rise more than 4%, a survey showed on Tuesday.
The company is projected to report quarterly net profit of 146 million zlotys ($37.2 million), the poll of five banks and brokerages showed, taking the full-year profit to 686 million zlotys.
The profit jump in the final quarter of 2024 will mainly be driven by growth in other revenue segments, energy, and retail sales, Nora Nagy, analyst at Erste Group, said.
The following table summarises the market forecasts for Cyfrowy Polsat for the fourth quarter of 2024:
(Figures in millions of zlotys unless otherwise stated)
Net Profit
EBIT
Adj. EBITDA
Revenue
Median
132
380
700
3,847
Average
146
378
767
3,841
Lowest
123
371
745
3,775
Highest
196
384
794
3,877
No. of f'casts
5
5
5
5
Q4 2023
101
172
677
3,682
Q3 2024
249
570
886
3,580
Forecasts provided by: Santander BM, Ipopema Securities, DM BOŚ, Trigon DM, Erste Securities.
($1 = 3.9237 zlotys)
(Reporting by Marta Maciag; Editing by Rachna Uppal)
((Marta.Maciag@thomsonreuters.com))