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Portugal NOS Q2 net profit jumps 52.5 pct, beats forecast


Thursday, 20 Jul 2017 

July 20 (Reuters) - Portugal's second-largest telecom operator Nos SGPS SA ::Reported on Thursday a steep 52.5 percent rise in second-quarter net profit to 40.4 million euros ($47 million), beating the average analysts' forecast of 35 million euros..Says rise in profit helped by strong operating results and stakes in companies owned by NOS..EBITDA rose 5.4 percent from a year earlier to 156.7 million euros, slightly above the average forecast of 154 million euros. .Revenues rose 4 percent to 388 million euros..Revenue generating units at 9.25 million at the end of June, up 5.8 percent from a year ago .Client number growth reported in all services.. 

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