PTC reports 20% hike in net profit

10 Feb 2006

Polish wireless operator Polska Telefonic Cyfrowa (PTC) has reported a net profit of PLN1.154 billion for the full year 2005, an increase of 20% year-on-year. Sales climbed 4% to PLN6.719 billion, while EBITDA margin remained unchanged on 2004 figures at 40%. At the end of December 2005 the company, which operates under the Era brand, claimed 10.2 million customers, up 18% in twelve months, giving it a 35.1% market share.