January 29, 2018 / 11:20 AM / 10 months ago

BRIEF-Russia's MTS sees core earnings up slightly in 2018 - BCS

Jan 29 (Reuters) - Russia's top mobile phone operator MTS :

* In a preliminary forecast, the company said it expects "zero or slightly positive" dynamics in its operating income before depreciation and amortisation (OIBDA) in 2018, BCS analysts wrote in a note citing MTS management.

* The company's dividend target is unchanged for 2018: 25-26 roubles per share with dividend yield above 8 percent, BCS wrote following MTS's meeting with analysts.

* Sistema, the parent company of MTS, is not demanding a higher dividend payout from MTS as of now, BCS said. Further company coverage: (Reporting by Moscow Newsroom)

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