Iliad 2012 Profit Drops 26%

Iliad SA ILIAF reported a 26% drop in its full-year profit for 2012. Iliad's 2012 net income declined to EUR187 million in 2012, versus EUR252 million, in the year-ago period. Its operating profit dropped 17% to EUR412 million. Its earnings before interest, tax depreciation and amortization climbed 11% to EUR921 million.