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Telefonica meets FY growth targets, sees stable results in 2020

2020-02-20 08:28:00| Telecompaper Headlines

(Telecompaper) Telefonica reported annual revenues up 3.2 percent on an organic basis and OIBDA rose 1.9 percent, meeting the company's outlook for around 2 percent growth in 2019. Net debt also fell for an 11th consecutive quarter and was down 8 percent over the year to EUR 37.7 billion. For 2020, the Spanish operator forecast stable revenues, OIBDA and operating cash flow as a percentage of revenue.

Tags: results growth stable meets

Ooredoo Group net profit rises by 10% in 2019 on stable revenue, customer base broadens by 2%

2020-02-14 09:20:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group has announced that its net profit for the year ended 31 December 2019 increased by 10 percent to QAR 1.73 billion from QAR 1.57 billion in 2018. There was an increase in EBITDA and a more favorable foreign exchange environment compared with 2018, but IFRS 16 had a negative effect on net profit. Revenue was stable at QAR 29.92 billion compared with QAR 29.93 billion, in spite of the industry-wide shift from voice to data consumption, lower handset sales and macroeconomic and currency weakness in some markets.

Tags: by net group customer

Orange growth improves in Q4, maintains outlook for stable 2020

2020-02-13 09:25:00| Telecompaper Headlines

(Telecompaper) Orange reported improved growth figures for the fourth quarter. Group revenues grew 1.1 percent on a comparable basis to EUR 11.1 billion, compared to 0.8 percent in the previous quarter, thanks strong momentum in Africa and the Middle East and an improved performance in France. EBITDAaL was up 1.3 percent on the same basis to EUR 3.3 billion, accelerating from an increase of 0.2 percent in the previous quarter. Orange maintained its outlook for a "flat positive" EBITDA this year and improved its forecast for cash flow.

Tags: growth orange stable outlook