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O2 Czech Republic posts CZK 44.68bn in operating revenues

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O2 Czech Republic’s consolidated operating revenue totalled CZK 44.68bn in 2014, down 5.4% y/y. The OIBDA consolidated operating income reached CZK 16.01bn. Mobile customer base totalled 5.06 million. O2 CR’s CEO and board of directors chairman Tomáš Budník has described the year of 2014 as ground-breaking. The company has fulfilled its targets, as it has managed to change its values, set new priorities and increase the efficiency of its operations. Patria Finance’s analyst Tomáš Tomčány has stated that the result is 10% below the market outlook. Komerční Banka’s economist Josef Němý has commented that the merely moderate drop in revenues (down 1%) and OIBDA above market predictions were positive surprises.


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