April 27, 2017 / 5:18 PM / 5 months ago

BRIEF-Portugal's NOS net profit up 29 pct in 1st quarter, above forecast

April 27 (Reuters) - Portugal’s second-largest telecom operator Nos SGPS SA:

* Reported on Thursday a 29 percent rise in first-quarter net profit to 31.4 million euros ($34.1 million), slightly above the average analysts’ forecast of 27 million euros

* EBITDA rose 4 percent from a year earlier to 143.6 million euros, versus average forecast of 142 million euros

* Revenues rose 3 percent to 381 million euros versus average analysts estimate of 380 million euros

* Revenue generating units at 9.16 million at the end of March, up 6.5 percent from a year ago

* Growth reported in all services, both in terms of revenues and client numbers. Source text: here

Further company coverage: ($1 = 0.9205 euros)

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