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Article: Magyar Telecom B.V., Parent Company of Invitel Rt., Reports Financial Results for the Nine Months Ended 30 September 2005.
- Article from:
- PR Newswire Europe
- Article date:
- November 8, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BUDAORS, Hungary, November 8 /PRNewswire/ -- Magyar Telecom B.V., parent company of Invitel Rt. ("Invitel") today reported its financial results for the nine months ended 30 September 2005.
Financial and Operational Highlights:
- Total revenue for the nine months ended 30 September 2005 increased EUR
7.2 million or 5% compared to the same period of the previous year. In
Forint, total revenue increased by 3% or HUF 861 million.
- Gross margin for the nine months ended 30 September 2005 decreased
by 1% year on year to EUR 99.3 million. In Forint, gross margin for the
nine-month period decreased by 4% or HUF 912 million. ...
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