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Eutelsat lowers FY revenue outlook, as underlying revenues contract 4% in fiscal Q3

2019-05-15 10:49:00| Telecompaper Headlines

(Telecompaper) The company confirmed the other financial objectives for the current and following years, noting that a return to slight revenue growth was still expected for FY 2019-20. It also said that it was working to secure significant savings on its annual tax burden, which should amount to a reduction of EUR 70 million.

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Deutsche Telekom reports underlying revenues up 3.5% in Q1

2019-05-09 08:22:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported first-quarter revenues up 8.7 percent to EUR 19.5 billion, driven by acquisitions in Austria and the Netherlands and continued growth at T-Mobile US. Adjusted EBITDA after leases, which excludes the impact of new accounting rules, rose 8.3 percent to EUR 5.9 billion, and free cash flow on the same basis increased 18.1 percent to EUR 1.6 billion.

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Tele2 underlying sales down 1% in Q1, profits improve on merger savings

2019-04-24 09:03:00| Telecompaper Headlines

(Telecompaper) Tele2 reported a drop in underlying revenue in the first quarter, hurt by weaker legacy fixed services and lower equipment revenue. Synergies from the merger with Com Hem helped grow profits, and the company maintained its outlook for full-year results. 

Tags: on sales improve savings

 

Telia maintains dividend after growth in underlying EBITDA, cash flow in 2018

2019-01-25 07:31:00| Telecompaper Headlines

(Telecompaper) Telia Company reported fourth-quarter sales up 4.9 percent to SEK 22.21 billion, helped by its takeover of Get and TDC's activities in Norway from October. Service revenues in local currencies, excluding acquisitions and disposals, declined 2.5 percent, as market conditions remained difficult in its biggest market Sweden, offsetting growth in other countries. Adjusted EBITDA rose 3.3 percent to SEK 6.74 billion but was down 5.5 percent in local currencies, after adjusting for acquisitions and disposals. 

Tags: in growth cash flow

 

Veon sees underlying growth improve despite negative forex effects

2018-11-08 08:00:00| Telecompaper Headlines

(Telecompaper) Veon raised its full-year outlook, forecasting stronger growth in underlying revenue and EBITDA after a good third quarter. Reported results were still down in Q3 due mainly to negative currency effects, and the forex impact will also make its free cash flow target of USD 1 billion for the year "slightly challenging", the company said. 

Tags: improve effects growth negative

 

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