Iliad Posts Rise In 2014 Profit
Iliad SA (OTC: ILIAY) reported a 4.9% gain in its net profit for the full year.
Iliad's net profit for the year climbed to 278.4 million euros ($296 million), versus a year-ago profit of EUR265.4 million.
Its sales surged 11.2% to EUR4.17 billion. EBITDA surged 6.6% to EUR1.28 billion.
Mobile revenue jumped 28% to EUR1.61 billion, while fixed-telephony revenue surged 2.7% to EUR2.56 billion.
For 2015, the company expects earnings before interest taxes depreciation and amortization to rise more than 10%.
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