Adjusted EBITDA excluding the impact of IFRS 16 stood at EUR236.8 million in January-June 2023, up from EUR206.6 million in the first half of 2022.
Revenue from Romania in the six months ended June 30, 2023, stood at EUR474.4 million, 4.5% higher year on year.
“Revenue growth in Romania was mainly the result of the increase of mobile telecommunication services, fixed internet and data and pay TV RGUs in the period, due to organic growth,” the group said in its report.
Mobile telecommunication services RGUs in Romania increased to approximately 5.4 million on June 30, 2023, from approximately 4.5 million as of June 30, 2022, an increase of about 19.1%, according to the report. The fixed internet and data RGUs increased by 10% from 4 million to 4.4 million at the end of June 2023.
Operating expenses of the group stood at EUR742.1 million in the period considered, an increase of 12.7% year-on-year, of which operating expenses in Romania accounted for EUR278.4 million compared with EUR273.9 million in the first half of 2022, an increase of 1.64%, as a result of business growth.
(English version by Loredana Fratila-Cristescu)