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It said it expected revenues of approximately 4.4 billion euros ($5.83 billion) and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of approximately 1.5 billion versus 4.46 billion and 1.53 billion respectively in 2011. Fourth-quarter adjusted EBITDA fell 4.7 percent to 336.9 million euros, in line with the average estimate of 332 million in a Reuters poll of analysts. The company lost a net 321.5 million euros in the quarter - worse than expected in the poll - after taking a well-flagged impairment charge linked to hyperinflation in Belarus.