(Reuters) – Poland’s biggest e-commerce platform Allegro expects its earnings to rise 4-7% at home in the fourth quarter, it said on Thursday after its third-quarter core profit met expectations.
Allegro’s adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 13.5% to 883 million zlotys ($214.63 million) in the Polish market in the third quarter, compared with 880 million zlotys expected by analysts in a company-compiled consensus.
($1 = 4.1140 zlotys)
(Reporting by Anna Pruchnicka; Editing by Himani Sarkar)
