Cyfrowy Polsat Q2 net profit surges over 70%, beats EBITDA forecasts

Cyfrowy Polsat posted adjusted EBITDA of 853.4 million PLN and revenues of 3,694.7 million PLN in Q2, marginally beating PAP Biznes consensus estimates of 850.5 million PLN and 3,694.4 million PLN respectively. Net profit jumped more than 70% year-on-year. The results underscore the strong financial position of Poland's largest media and telecoms group.