Sonaecom Q1 net profit above analysts' forecasts
28-04-2005 19:30 por Reuters
LISBON, April 28 (Reuters) - Portuguese Internet and telecoms company Sonaecom posted first-quarter net profit of 9.132 million euros on Thursday, well above analysts' estimates.
Seven analysts surveyed by Reuters had predicted net profit at Sonaecom, an affiliate of Sonae SGPS , would be 1.1 million euros to 5.7 million euros, with an average of 3.3 million euros, under the new IFRS international accounting standards.
A year ago the company posted first-quarter net profit of 2.329 million under the new standards. ((Writing by Elinor Mills, editing by Gerald E. McCormick; elinor.mills@reuters.com, +351 21 350 9209))
28-04-2005 19:30 por Reuters
LISBON, April 28 (Reuters) - Portuguese Internet and telecoms company Sonaecom posted first-quarter net profit of 9.132 million euros on Thursday, well above analysts' estimates.
Seven analysts surveyed by Reuters had predicted net profit at Sonaecom, an affiliate of Sonae SGPS , would be 1.1 million euros to 5.7 million euros, with an average of 3.3 million euros, under the new IFRS international accounting standards.
A year ago the company posted first-quarter net profit of 2.329 million under the new standards. ((Writing by Elinor Mills, editing by Gerald E. McCormick; elinor.mills@reuters.com, +351 21 350 9209))