R22 Delivers Near-Double Quarterly Net Profit in Q3 FY2018/2019

R22 posted Q3 FY2018/2019 revenues of PLN 37.3m (+28% YoY), EBITDA of over PLN 10m (+51%), and net profit approximately doubling YoY. The Group has 250,000+ customers and holds approximately 25% market share in Romania.

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R22 posted Q3 FY2018/2019 revenues of PLN 37.3m (+28% YoY), EBITDA of over PLN 10m (+51%), and near-double net profit year-on-year. The Group serves more than 250,000 customers and holds approximately 25% market share in Romania. The minority stake buyout in H88 is proceeding in two phases.