PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

O2 Czech Republic posts CZK 44.68bn in operating revenues

O2 Czech Republic’s consolidated operating revenue totalled CZK 44.68bn in 2014, down 5.4% y/y. The OIBDA consolidated operating income reached CZK 16.01bn. Mobile customer base totalled 5.06 million. O2 CR’s CEO and board of directors chairman Tomáš Boudník has described the year of 2014 as ground-breaking. The company has fulfilled its targets, as it has managed to change its values, set new priorities and increase the efficiency of its operations. Patria Finance’s analyst Tomáš Tomčány has stated that the result is 10% below the market outlook. Komerční Banka’s economist Josef Němý has commented that the merely moderate drop in revenues (down 1%) and OIBDA above market predictions were positive surprises.

Source: www.cianews.cz

 
 
 
 
Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!

 

Exchange rates