Brief: Orange Polska Q2 Net Profit At 243 Mln Zlotys, Above Expectations

Orange Polska SA

27/07/2022 17:02

July 27 (Reuters) - Orange Polska SA  OPL.WA :
    * H1 NET PROFIT 368 MILLION ZLOTYS VERSUS 309 MILLION ZLOTYS
SEEN
IN REUTERS POLL
    * Q2 NET PROFIT 243 MILLION ZLOTYS VERSUS 184 MILLION ZLOTYS
SEEN
IN REUTERS POLL
    * Q2 REVENUE 3.06 BILLION ZLOTYS VERSUS 2.97 BILLION ZLOTYS
SEEN
IN REUTERS POLL
    * Q2 EBIT 337 MILLION ZLOTYS VERSUS 298 MILLION ZLOTYS SEEN
IN
REUTERS POLL
    * Q2 EBITDA AFTER LEASES 798 MILLION ZLOTYS VERSUS 779
MILLION
ZLOTYS SEEN IN REUTERS POLL
    * BASED ON FINANCIAL RESULTS FOR THE FIRST HALF OF 2022 AND
THE
OUTLOOK FOR REMAINDER OF THE YEAR, THE MANAGEMENT BOARD HAS
INCREASED FORECAST FOR FULL-YEAR REVENUE PERFORMANCE
    * IT NOW EXPECTS REVENUES TO GROW BY A LOW SINGLE-DIGIT
PERCENTAGE
VERSUS A SMALL DECLINE PREVIOUSLY
    * MORE FAVOURABLE REVENUE OUTLOOK STEMS MAINLY FROM BETTER
THAN
EXPECTED PERFORMANCE IN 1H, MAINLY IN IT/IS AND ENERGY RESALE
AREAS
    * AT SAME TIME GUIDANCE FOR EBITDAAL AND ECAPEX REMAIN
UNCHANGED
AS PUBLISHED IN CURRENT REPORT ON FEB 16 2022
    * NET DEBT AS OF JUNE 30, 2022 AT 3.51 BLN ZLOTYS

Source text for Eikon:  ID:nEM1ZYW6Ma   urn:newsml:reuters.com:*:nEM8c03yGa
Further company coverage:  OPL.WA 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))