Brief: A1 Telekom Austria suspends 2020 forecast due to coronavirus

Telekom Austria AG

28/04/2020 18:04

April 28 (Reuters) - Telekom Austria Ag  TELA.VI :
    * RESULTS FOR THE FIRST QUARTER 2020:
    * GROUP TOTAL REVENUES INCREASED BY 3.4 %, WITH GROWTH IN
BULGARIA, BELARUS AND SERBIA AND STABLE TOTAL REVENUES IN
AUSTRIA
    * MOBILE SERVICE REVENUES ROSE IN ALL MARKETS EXCEPT FOR
SLOVENIA
    * FIXED-LINE SERVICE REVENUES WERE STABLE
    * MOBILE CONTRACT SUBSCRIBERS ROSE BY 5.0 % YEAR-ON-YEAR
    * GROUP EBITDA EXCLUDING RESTRUCTURING CHARGES INCREASED
SLIGHTLY
BY 0.4 % (REPORTED: +1.7 %)
    * NET RESULT GREW BY 3.9 % TO EUR 89.3 MN IN Q1 2020
    * FREE CASH FLOW INCREASED FROM EUR 34.4 MN IN Q1 2019 TO
EUR
104.7 MN IN REPORTING PERIOD
    * OUTLOOK 2020 SUSPENDED AS IT IS STILL PREMATURE TO GIVE A
PRECISE ESTIMATION ON IMPACT OF COVID-19 PANDEMIC

Source text for Eikon:  ID:nAPA1kb0ZL 
Further company coverage:  TELA.VI 

 (Reporting by Vienna Newsroom)
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