EARNINGS PREVIEW: OTE 3Q Net Profit Seen -21%

Date : 11/03/2009 @ 7:38AM
Source : Dow Jones News
Stock : Hellenic Telecommunications Organization S.A. (OTE)
Quote : 3.61  0.0 (0.00%) @ 2:05AM

EARNINGS PREVIEW: OTE 3Q Net Profit Seen -21%

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Hellenic Telecommunications Organization: 3Q 2009 Earnings 
Due: November 5 around 0800 GMT) 
DJ Survey of 7 Analysts 
Average Revenue: EUR1.53B, -6.7% (EUR1.64B in 3Q 2008) 
Average Net Profit: EUR159M, -21% (EUR201M in 3Q 2008) 
 

Note: Weak mobile earnings combined with a continued deterioration in fixed-line revenues will weigh on earnings. Analysts will focus on outlook for the mobile sector, particularly ongoing pricing pressures and market share gains in the key Greek market. Ebitda seen -8.9% at EUR565M. (AKG)

 
Contact us in London: +44-20-7842-9464 
Markettalk.eu@dowjones.com 
 
 
 

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