Revenues increased 4.1% in 2017 and 1.7% in Q4 17. EBIT droppped 8.8% to €444m and turned into a loss of €20.1m in Q4 17 mainly due to brand amortisation of €103.5m. Rebranding of the group will have a negative impact on the operating performance up to the financial year 2019. Dividend of €0.20 for 2017 and 2018 will remain unchanged. Outlook for the current year not really inspiring.
14 Feb 2018
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Looking for an equity story in a haystack
Telekom Austria AG (TKA:WBO) | 0 0 0.1% | Mkt Cap: 4,944m
- Published:
14 Feb 2018 -
Author:
Heinz Steffen -
Pages:
3
Revenues increased 4.1% in 2017 and 1.7% in Q4 17. EBIT droppped 8.8% to €444m and turned into a loss of €20.1m in Q4 17 mainly due to brand amortisation of €103.5m. Rebranding of the group will have a negative impact on the operating performance up to the financial year 2019. Dividend of €0.20 for 2017 and 2018 will remain unchanged. Outlook for the current year not really inspiring.