The company reported Q3 17 results. Revenues increased 3.5% to €1.1bn. EBIT, however, declined by 5.7% to €191.1m. The EBIT margin reached 17.2% compared to 18.9% in Q3 17. The EBIT decline was due to lower extraordinary income. Net income increased 4.3% to €141.7m. In the first nine months, revenues grew 4.5% to €3.25bn and EBIT 6.8% to €464m. Service revenues grew 3.8% to €2.9bn and equipment revenues 11% to €342.8m. The gross margin declined from 56.8% to
25 Oct 2017
Only revenue guidance increased
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Only revenue guidance increased
Telekom Austria AG (TKA:WBO) | 0 0 0.1% | Mkt Cap: 4,944m
- Published:
25 Oct 2017 -
Author:
Heinz Steffen -
Pages:
2
The company reported Q3 17 results. Revenues increased 3.5% to €1.1bn. EBIT, however, declined by 5.7% to €191.1m. The EBIT margin reached 17.2% compared to 18.9% in Q3 17. The EBIT decline was due to lower extraordinary income. Net income increased 4.3% to €141.7m. In the first nine months, revenues grew 4.5% to €3.25bn and EBIT 6.8% to €464m. Service revenues grew 3.8% to €2.9bn and equipment revenues 11% to €342.8m. The gross margin declined from 56.8% to