The company reported Q2 16 results. Revenues increased 3.5% to €1.03bn and EBIT declined 4% to €114.5m (estimate: €133.6m). Excluding the currency impact, revenues increased 2.6% and EBIT 4.7%. Based on pro-forma results which include M&A activities, total revenues declined marginally by 0.2% and EBITDA increased 0.7% to €329.3m (excluding the M&A impact +2.9%). The company faced ongoing challenges in the Austrian mobile market (price competition) and Eastern Europ
25 Jul 2016
Substantially higher dividend announced!
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Substantially higher dividend announced!
Telekom Austria AG (TKA:WBO) | 0 0 0.1% | Mkt Cap: 4,944m
- Published:
25 Jul 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported Q2 16 results. Revenues increased 3.5% to €1.03bn and EBIT declined 4% to €114.5m (estimate: €133.6m). Excluding the currency impact, revenues increased 2.6% and EBIT 4.7%. Based on pro-forma results which include M&A activities, total revenues declined marginally by 0.2% and EBITDA increased 0.7% to €329.3m (excluding the M&A impact +2.9%). The company faced ongoing challenges in the Austrian mobile market (price competition) and Eastern Europ