All financial targets met in 2017 and revenues up 2.5% to €74.9bn. Dividend increase of €0.05 to €0.65 per share; dividend in kind to be discontinued. Transfer of 12% BT stake into pension fund. CFO Dannenfeldt will leave the company for private reasons; Christian Illek, at present CHRO at Deutsche Telekom, will succeed. Moderate outlook; revenues are expected to increase marginally and adjusted EBITDA should reach €23.2bn (€22.45bn in 2017), of which T-Mobile US$11.3
22 Feb 2018
Moderate outlook less inspiring
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Moderate outlook less inspiring
Deutsche Telekom AG (DTE:WBO) | 0 0 0.8% | Mkt Cap: 62,447m
- Published:
22 Feb 2018 -
Author:
Heinz Steffen -
Pages:
3
All financial targets met in 2017 and revenues up 2.5% to €74.9bn. Dividend increase of €0.05 to €0.65 per share; dividend in kind to be discontinued. Transfer of 12% BT stake into pension fund. CFO Dannenfeldt will leave the company for private reasons; Christian Illek, at present CHRO at Deutsche Telekom, will succeed. Moderate outlook; revenues are expected to increase marginally and adjusted EBITDA should reach €23.2bn (€22.45bn in 2017), of which T-Mobile US$11.3