Brief: Telefonica Deutschland Q1 Revenues Up At EUR 2.1 Bln

Telefonica Deutschland Holding AG

10/05/2023 06:29

May 10 (Reuters) - TELEFONICA DEUTSCHLAND HOLDING AG
 O2Dn.DE :
    * ROBUST START TO THE YEAR CONFIRMING FY23 OUTLOOK WITH
ONGOING
COMMERCIAL MOMENTUM DRIVING SUSTAINED OPERATIONAL & FINANCIAL
PERFORMANCE
    * Q1 CONTINUED COMMERCIAL MOMENTUM ON BACK OF OWN BRAND
STRENGTH
AND RETURN TO LOW CHURN LEVELS, +368K MOBILE POSTPAID AND +25K
FIXED BB NET ADDS
    * Q1 STRONG REVENUE GROWTH OF +8.0% Y-O-Y DRIVEN BY
SUSTAINED MSR
MOMENTUM & ANOTHER RECORD QUARTER OF HANDSET SALES
    * Q1 STRONG REVENUE GROWTH OF +8.0% Y-O-Y DRIVEN BY
SUSTAINED MSR
MOMENTUM & ANOTHER RECORD QUARTER OF HANDSET SALES
    * Q1 SOLID OIBDA 1 GROWTH OF +1.7% % Y-O-Y SUPPORTED BY
ENHANCED
MSR QUALITY
    * Q1 SOLID OIBDA 1  1  GROWTH OF +1.7% % Y-O-Y SUPPORTED BY
ENHANCED MSR QUALITY
    * CONFIRMING FY23 OUTLOOK & PROPOSING DIVIDEND OF EURC
18/SHARE TO
AGM ON 17 MAY-23
    * Q1 REVENUES POSTED STRONG GROWTH OF +8.0% Y-O-Y TO EUR
2,101M
    * Q1 OTHER INCOME WAS EUR 33M
    * Q1 OPERATING EXPENSES 7  7  WERE UP +10.6% Y-O-Y TO EUR
1,523M
(INCLUDING EUR -1M OF RESTRUCTURING EXPENSES)
    * TELEFONICA DEUTSCHLAND SAYS WELL ON TRACK TO DELIVER 5G
POP
COVERAGE OF AROUND 90% BY YE23

Source text for Eikon:  ID:nEQ3BMd1ra 
Further company coverage:  O2Dn.DE 

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