Telefonica's Q2 core profit rises 6.4% on growth in Brazil, Spain
29/07/2026 06:33
Telefonica's Q2 core profit rises 6.4% on growth in Brazil, Spain MADRID, July 29 (Reuters) - Spanish telecoms group Telefonica TEF.MC posted on Wednesday a 6.4% year-on-year rise in adjusted core profit for the second quarter of 2026, helped by growth in its Spanish and Brazilian businesses.
The company said adjusted earnings before interest, taxes, depreciation and amortisation rose to €2.93 billion ($3.34 billion) between April and June, beating analysts' consensus of €2.89 billion.
($1 = 0.8772 euros)
(Reporting by David Latona; Editing by Jesús Aguado)
((david.latona@thomsonreuters.com; +34 918 35 68 13;))
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