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Deutsche Telekom posts Q2 core profit above estimates

Deutsche Telekom posts Q2 core profit above estimates

- Deutsche Telekom DTEGn.DE reported a second-quarter core profit slightly above market expectations on Thursday, citing solid growth across its markets.

The German telecoms operator said its adjusted quarterly earnings before interest, taxes, depreciation and amortization after leases, or EBITDAaL, grew to €11.8 billion ($13.6 billion), compared with €11 billion in the same period last year.

A company-provided analyst consensus had expected EBITDAaL of €11.7 billion on average.

($1 = 0.8660 euros)


(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)

((Emanuele.Berro@thomsonreuters.com; +48 587696510))

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