3Q profits fall for Thus

16 Nov 2004

Corporate telecoms operator Thus has revealed a 12% fall in its EBITDA for the third quarter of 2004 to GBP18.1 million (USD33.5 million), down from GBP20.6 million a year earlier, following a profit warning in September. Sales rose 13% to GBP177.5 million. The operator remains optimistic about its full year results, forecasting revenues of around GBP360 million and EBITDA of GBP39 million, and predicting that it will post its first ever net profit in the first half of 2005.

United Kingdom