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Revenue edged down 1pc to HUF 242.9 bln, news wire MTI reported.
Direct costs fell 6% to HUF 89 bln, lifting gross profit 1% to HUF 153.9 bln.
Indirect costs fell 18% to HUF 45.5 bln as the supplementary telco tax was phased out and payroll costs declined.
Operating profit increased 18% to HUF 73.1 bln.
CAPEX after leases increased 42% to HUF 33.3 bln.
Magyar Telekom affirmed full-year guidance for 1-3% revenue growth and adjusted net income of “at least HUF 200 bln”.
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