Brief: OTE Q1 Adjusted Profit After Minorities At EUR 142.5 Million, Up 4.9% YoY

Hellenic Telecommunications Organization SA

14/05/2024 07:55

May 14 (Reuters) - Hellenic Telecommunications
Organization SA  OTEr.AT :
    * Q1 ADJUSTED PROFIT AFTER MINORITIES EUR 142.5 MILLION
VERSUS EUR
135.8 MILLION YEAR AGO
    * Q1 REVENUES EUR 877.6 MILLION VERSUS EUR 803.6 MILLION
YEAR AGO
    * Q1 ADJUSTED EBITDA EUR 326.0 MILLION VERSUS EUR 322.0
MILLION
YEAR AGO
    * FOR FY 2024 SEES CAPEX IN THE RANGE OF EUR 610-620 MILLION
AND
EXPECTS TO CONTINUE GROWING ITS REVENUE BASE
    * FOR FY 2024 SEES FURTHER GROWTH IN OPERATING PROFIT BUT AT
A
SLOWER PACE THAN REVENUE AND REITERATES ITS FCF GUIDANCE OF
AROUND EUR 470 MILLION


Further company coverage:  OTEr.AT 

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