The group released a solid set of results in Q3, in particular on the Greek fixed side, while mobile was logically impacted by the absence of tourists during the summer.
The gains from the sale of Telekom Romania (announced recently) should be distributed to shareholders through an exceptional dividend of c.€0.55 per share.
Given its solid balance sheet and free cash flow, the group intends to increase its ordinary shareholder remuneration by c.4% for 2020.
We maintain our opinion at Add on ....
23 Nov 2020
A remuneration up by 4% without counting the sale of Telekom Romania
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A remuneration up by 4% without counting the sale of Telekom Romania
- Published:
23 Nov 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
The group released a solid set of results in Q3, in particular on the Greek fixed side, while mobile was logically impacted by the absence of tourists during the summer.
The gains from the sale of Telekom Romania (announced recently) should be distributed to shareholders through an exceptional dividend of c.€0.55 per share.
Given its solid balance sheet and free cash flow, the group intends to increase its ordinary shareholder remuneration by c.4% for 2020.
We maintain our opinion at Add on ....