VIV: Revenues slip, adjusted EBITA rises to €25 million
VIV revenues fell 3.5% year-over-year to €140 million, while adjusted EBITA rose to €25 million. Net profit was stable at €28 million, and net debt increased to €1,591 million.
Revenues declined 3.5% year-over-year to €140 million, but adjusted EBITA rose to €25 million, driven by Gameloft's improved profitability.
Net profit was stable at €28 million, while net debt increased to €1,591 million.
Key risks include regulatory investigations and market volatility.Original do…