UPDATE 2-Spain's Telefonica expects 2 pct profit growth in 2019 [Reuters]
Telefonica SA (TEF)
Last telefonica sa earnings: 2/23 04:01 pm
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Source: Reuters
UPDATE 2-Spain's Telefonica expects 2 pct profit growth in 2019 (Adds growth rate comparison, quote, dividend, capex, shares) By Isla Binnie and Andrés González MADRID, Feb 21 (Reuters) - Spanish telecoms group Telefonica expects 2 percent organic growth in revenue and core profit and to make savings this year after underlying revenue rose in 2018. Chief Executive Jose Maria Alvarez Pallete said 2018 results, along with “remarkable operating momentum in the initial months of 2019, allow us to announce with confidence our 2019 targets”, as well as a 0.40 euro cash dividend. The targets imply revenue and core profit growth, stripping out currency effects and other one-offs, will be close to or slightly lower than the 2.4 percent and 3.5 percent registered in 2018. However, the company raised its revenue target last October. Shares rose 1.4 percent after the results, before subsiding to around 0.5 percent higher at 0845 GMT. Telefonica, which has invested billions of euros in high-speed
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TEF
News
- Telefónica, S.A. (NYSE:TEF) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Telefonica's (TEF) Q1 Earnings and Revenues Increase Y/Y [Yahoo! Finance]Yahoo! Finance
- Telefonica Maintains 2024 Outlook as Earnings Meet Expectations [BNN Bloomberg (Canada)]BNN Bloomberg
- Spanish telcom company Telefónica posts higher Q1 profit, revenue [Yahoo! Finance]Yahoo! Finance
- Telefonica earnings hit $3.4 billion in Q1 amid merger between rivals Masmovil and Orange in Spain [Fortune]Fortune
TEF
Earnings
- 5/10/24 - Beat
TEF
Sec Filings
- 5/9/24 - Form 6-K
- 5/9/24 - Form 6-K
- 5/8/24 - Form 6-K
- TEF's page on the SEC website