PPF Group registers CEE growth
MARCH 24, 2023 08.16 EUROPE/LONDON BY CHRIS DZIADUL

The Czech Republic’s PPF Telecom Group has posted revenues of €3.506 billion for 2022, a 5.1% increase on the previous year.

Its EBITDA was €1.5 billion (+3%) and net profit €651 million, with the latter being up from the €530 million recorded in 2021.

The group ended last year with a total of 720,000 pay-TV subscribers.

The Czech Republic’s O2 TV accounted for the majority – 668,000, up 11% on the previous year – while O2 Slovakia had 13,100 and Yettel Serbia 38,500.