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Cyfrowy Polsat profits slip

August 20, 2009 07.50 Europe/London By Chris Dziadul

The leading Polish DTH platform Cyfrowy Polsat ended Q2 with 2,844,106 subscribers, or 24.3% more than 12 months earlier.

However, its net profit was 29% lower at PLN56.06 million (€13.5 million), while the operational profit fell 30% year-on-year to PLN68.07 million.

The falls have been put down to a weakening local currency and growing competition in the Polish marketplace.

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Filed Under: Central & East Europe, Finance, Newsline, Satellite Tagged With: Cyfrowy Polsat Edited: 20 August 2009 07:50

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