Higher costs offset revenue gains at Zon

10 Nov 2008

The Portuguese cable TV operator Zon Multimedia has seen nine-month profits slip 2% to EUR50.9 million (USD65.1 million) as higher financial costs offset a rise in revenue. Sales for the January-September period were up 8% at EUR570.4 million, while earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 9% to EUR186.2 million.

Portugal, Nos