The solid Q3 numbers confirmed the good performance for the H1. Besides this, capex should start to decrease from the next quarter.
The group is now entering a virtuous circle of EBITDA growth mixed with falling Capex in the coming years.
At mid-October TEF Deutschland’s share price had declined by 25% in less than two months, leaving its dividend yield at 9% (vs 7% last summer). We are at Buy on the stock which recovered by 7.5% last week.
03 Nov 2022
A Q3 confirming that the dividend is not at risk
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A Q3 confirming that the dividend is not at risk
Telefonica Deutschland Holding AG (O2D:ETR) | 0 0 0.0%
- Published:
03 Nov 2022 -
Author:
Jean-Michel Salvador -
Pages:
3
The solid Q3 numbers confirmed the good performance for the H1. Besides this, capex should start to decrease from the next quarter.
The group is now entering a virtuous circle of EBITDA growth mixed with falling Capex in the coming years.
At mid-October TEF Deutschland’s share price had declined by 25% in less than two months, leaving its dividend yield at 9% (vs 7% last summer). We are at Buy on the stock which recovered by 7.5% last week.