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Telekom Austria Q4 revenues up 4.5% after acquisitions

2016-02-09 20:58:00| Telecompaper Headlines

(Telecompaper) Telekom Austria Group reported an increase in fourth-quarter results, helped by its expansion in fixed-line markets in eastern Europe. Revenues rose 4.5 percent year-on-year to EUR 1.076 billion, thanks to the takeovers of Amis in Slovenia and Croatia, One in Macedonia and Blizoo in Bulgaria. The company also benefited from EUR 10 million from a settlement of claims with Telekom Slovenije. Adjusted EBITDA was up 27.3 percent to EUR 320.8 million, helped by a reversal of provisions and lower restructuring charges in Austria. Excluding the one-time items and forex effects, EBITDA was up 7.7 percent, the company said. The net result moved to a profit of EUR 84.3 million compared to a loss of EUR 48.9 million in Q4 2014. Over the full year, Telekom Austria met its outlook for flat revenues, with an increase of just 0.2 percent to EUR 4.027 billion. Growth in Austria and the acquisitions were offset by negative currency effects, particularly in Belarus, as well as the weaker economic climate in east Europe. Telekom Austria said it expects similar market conditions in 2016. Excluding currency effects, it aims to grow revenues around 1 percent, while maintaining the dividend at 5 cents a share. 

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Telekom Austria AG Upgraded to "Buy" at Zacks

2015-10-21 00:58:32| Steel - Topix.net

The firm presently has a $14.00 target price on the stock. Zacks 's price objective would suggest a potential upside of 14.85% from the stock's previous close.

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Telekom Austria and ANTIK pick EUTELSAT for 'ANTIK Sat' DTH

2015-09-11 12:00:17| Digital TV News

Telekom Austria and ANTIK Telekom have selected EUTELSAT 16A (Paris: ETL) for their Direct-to-Home platform for the Slovak and Czech market. Called ANTIK Sat, the new platform is due to launch early next month.

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Telekom Austria buys Bulgarian cableco

2015-07-29 02:00:00| Total Telecom industry news

Telco adds to Mobiltel's service portfolio with Blizoo buy.

Tags: austria telekom buys bulgarian

 

Telekom Austria names new CEO

2015-07-24 02:00:00| Total Telecom industry news

America Movil-backed Alejandro Plater to lead Austrian incumbent from next month.

Tags: names austria ceo telekom

 

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