DNA boasts of ‘strong improvement’ in 3Q18

18 Oct 2018

Finnish multi-service operator (MSO) DNA Finland has reported a ‘strong improvement in [its] main key figures’ with the publication of its results for the quarter ended 30 September 2018. For the three-month period under review, the MSO revealed that revenues had increased by 4.3% year-on-year to EUR228.2 million (USD262 million), driven by strong mobile device sales and improved mobile service revenues – the latter of which was boosted by a larger subscriber base and ‘the favourable development of ARPU’. Third-quarter EBITDA, meanwhile, totalled EUR76.5 million, up from EUR72.6 million in the corresponding period a year earlier, on the back of both increased mobile service revenue and operating efficiencies. Elsewhere, operating income stood at EUR38.6 million, representing a 3.4% rise against 3Q17. DNA’s net income for its latest reporting period was EUR29.1 million, up 4.4% from the EUR27.8 million recorded in the third quarter of 2017.

In operational terms, at the end of September 2018 the MSO had a total of 2.855 million mobile customers on its books, up from 2.790 million a year earlier, with monthly ARPU standing at EUR18.9 in 3Q18 (3Q17: EUR18.5). In the fixed line segment, broadband accesses numbered 478,000 at end-September 2018, up from 454,000 one year previously. Fixed voice customers continued to decline, however, to 43,000 at the end of the reporting period, from 57,000 at 30 September 2017.

Finland, DNA Finland