October 26 (SeeNews) - Croatia's biggest telecommunications operator, Hrvatski Telekom [ZSE:HT-R-A], said on Thursday its consolidated net profit fell 2.2% year-on-year to 735 million kuna ($115.6 million/97.8 million euro) in the first nine months of 2017.
Total consolidated revenues increased 11.6% to 5.8 billion kuna in the nine months through September, Hrvatski Telekom said in a statement.
EBITDA before exceptional items increased by 11% year-on-year to 2.3 billion kuna in January-September. EBITDA margin was 40.5%, down from 40.7% last year.
Hrvatski Telekom is 51%-owned by Deutsche Telekom.
(1 euro=7.51541 Croatian kuna)