Germany's Deutsche Telekom raises full-year earnings outlook [Yahoo! Finance]
DEUTSCHE TELEKOM AG S/ADR (DTEGY)
NASDAQ:AMEX Investor Relations:
telekom.com/en/investor-relations
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Source: Yahoo! Finance
Deutsche Telekom reported that its third-quarter net profit climbed 53.7% to €2.96 billion ($3.12 billion) from last year's €1.92 billion. Earnings per share grew 55.2% to €0.60 from €0.39 a year ago. Adjusted net profit was €2.34 billion, compared to €2.27 billion last year. Adjusted earnings per share reached €0.47, compared to the prior year's €0.46. Adjusted earnings before interest, tax depreciation and amortization (EBITDA) rose 5.8% to €11.10 billion from the prior year's €10.49 billion. In organic terms, the growth was 6.4%. Net revenue grew 3.4% to €28.50 billion from €27.56 billion a year ago. Net revenue improved 3.6% in organic terms. Service revenue went up by 3.7% to €24.13 billion. As announced earlier, Deutsche Telekom is set to pay out a dividend of €0.90 per share in the coming year for the current financial year, subject to approval by the relevant bodies. Deutsche Telekom is also planning share buy-backs for 2025 with a volume of up to €2 billion. Look
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