EARNINGS PREVIEW: OTE 3Q Net Profit Seen -21%
November 03 2009 - 7:38AM
Dow Jones News
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)
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