Magyar Telekom Telecommunications Public Limited Company reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, total revenues were HUF 175,134 million against HUF 161,442 million a year ago. Operating profit was HUF 16,972 million against HUF 14,413 million a year ago. Profit for the period was HUF 7,704 million against HUF 5,163 million a year ago. Basic earnings per share was HUF 7.23 against HUF 4.53 a year ago. Diluted earnings per share was HUF 6.98 against HUF 4.53 a year ago. Mobile revenues were HUF 91,545 million against HUF 83,258 million a year ago.

For the quarter, mobile revenues were HUF 343,145 million against HUF 322,656 million a year ago. Operating profit was HUF 76,978 million against HUF 77,488 million a year ago. Profit for the period was HUF 46,449 million against HUF 49,772 million a year ago. Basic earnings per share was HUF 41.84 against HUF 44.93 a year ago. Diluted earnings per share was HUF 41.59 against HUF 44.93 a year ago. Total revenues were HUF 657,104 million against HUF 610,851 million a year ago.

Looking forward the company expects revenues to moderately decline in 2019.