Multimedia Polska earned PLN 100m in Q1 2007
2007-05-25
Multimedia Polska, a cable TV operator, has reported that its revenues in the first quarter of 2007 grew by 8.2% to PLN 99.9m (€26.3m). Net profit increased to PLN 16.5m (€4.3m), i.e. by more than 47%.
CaTV brought in 48% of the company’s revenues, and the internet 20.5%. Fixed-line telephony revenues accounted for 28.7% - a decline from Q1 the 32.7% of 2006. Multimedia Polska insists that the introduction of digital television should have a positive influence on the group’s results in subsequent quarters.