Deutsche Telekom maintains outlook after solid Q1

News General Europe 13 MAY 2015
Deutsche Telekom maintains outlook after solid Q1
Deutsche Telekom reported first-quarter net revenue up 13.1 percent year-on-year to EUR 16.8 billion, while adjusted EBITDA increased 11.0 percent to EUR 4.6 billion. Excluding exchange rate effects, particularly the stronger US dollar, and changes in scope, revenues rose 4.7 percent and EBITDA was up 5.6 percent, driven by the improved performance at T-Mobile US. Revenues rose 1.9 percent in Germany and 36.1 percent in the US, but fell 0.6 percent in the rest of Europe and were down 2.5 percent at the Systems Solutions unit. 

Net profit fell to EUR 787 million from EUR 1.817 billion a year ago when the company realised a profit of EUR 1.7 billion on the sale of its stake in Scout. Capital expenditure, excluding spectrum licences, rose 22.5 percent compared to a year ago to EUR 2.5 billion, driven by a sharp increase in Germany to EUR 950 million. As a result, free cash flow fell 12 percent to EUR 0.9 billion. Based on the solid Q1 results and constant exchange rates, DT confirmed its guidance for the full year for adjusted EBITDA around EUR 18.3 billion and free cash flow at EUR 4.3 billion. 

Categories:

General

Companies:

Deutsche Telekom,  T-Mobile US

Regions:

Europe

Countries:

United States

Tags:

Voice services, Data services, Financial figures, Internet Access

Related Articles

EUROPE 6 AUG 2015

Deutsche Telekom Q2 sales up over 15% on US growth

Deutsche Telekom reported a strong improvement in second-quarter results, led by the performance of T-Mobile US. Revenue rose 15.3 percent to EUR 17.4 billion, and adjusted EBITDA increased 13.5 percent to EUR 5.0 billion. On an organic basis, revenue was up 5.7 percent, and EBITDA rose 6.7 percent. Net profit was little changed year-on-year at EUR 712 million, due to extra staff-related costs. The German operator invested EUR 2.6 billion in the first half, excluding spectrum licences, an increase of 17.2 p

NORTH MACEDONIA 15 MAY 2015

Makedonski Telekom sales down 6.7% in Q1

Makedonski Telekom's revenues in the first quarter of 2015 amounted to MKD 2.473 billion, down 6.7 percent compared to the same period in 2014. While operating expenses fell 4.2 percent, the operating profit before taxes still decreased 19.7 percent to MKD 345 million. Net profit amounted to MKD 303 million, and capex reached MKD 112 million. Makedonski Telekom maintained the leading position with a market share of 63 percent in the fixed line segment and 50 percent in broadband internet, the company said.

CZECH REPUBLIC 14 MAY 2015

T-Mobile Czech Republic's Q1 revenues up 10.7 percent

T-Mobile Czech Republic has published its results for the first quarter, saying its number of customers is approximately 6 million, up by 1.4 percent year on year. More than 3.5 million of these are post-paid customers (59 percent) and 2.5 million pre-paid customers. The average monthly churn increased to 1.5 percent.

POLAND 14 MAY 2015

T-Mobile Poland rise 9.5% in Q1, helped by business segment

T-Mobile Poland reported revenues of PLN 1.602 billion for the first quarter of 2015, a year-on-year increase of 9.5 percent. The operator attributed this to an increase in the business segment, but its individual segment also fared well. EBITDA amounted to PLN 544 million compared with PLN 557 million a year earlier, a decrease of 2.4 percent. The EBIDTA margin shrank from 38.1 percent in the first quarter of 2014 to 33.9 percent this time.

SLOVAKIA 13 MAY 2015

Slovak Telekom Q1 revenues down 1.7 percent

Slovak Telekom reported first-quarter revenues of EUR 187.4 million, a year-on-year decrease of 1.7 percent. The adjusted EBITDA margin reached 39.1 percent, and EBITDA was reported at EUR 73.3 million. Digi Slovakia recorded EUR 7.92 million revenues and 18-percent year-on-year growth. Zoznam and Zoznam Mobile also grew in Q1, by 6 percent year-on-year to EUR 1.36 million. PosAm's revenues decreased by 27 percent to EUR 6.49 million, due to seasonal effects in the ICT business. Sale of double-play fixed se

ROMANIA 13 MAY 2015

Telekom Romania revenues down in Q1

Telekom Romania saw its revenues decrease year-on-year in Q1. The wireline division Telekom Romania Communications' revenues stood at EUR 148.7 million, or 5.1 percent lower than in Q1 2014. Telekom Romania Mobile Communications' revenues amounted to EUR 103.2 million, marking a 12.7 percent decrease versus Q1 2014.Excluding the impact of regulatory measures, revenues would have been up by 10 percent. Voice telephony lines (including CDMA) decreased by 2.8 percent to 2.161 million, while the TV customer bas

AUSTRIA 13 MAY 2015

T-Mobile Austria reports 3% net revenue increase in Q1

T-Mobile Austria reported positive results for the first quarter, with net revenue increasing by 3 percent to EUR 197 million thanks to continued growth in data services. Service revenue grew by 2 percent to EUR 172 million. EBITDA was EUR 65 million, up from EUR 44 million in the first quarter of 2014 thanks to cost-reduction efforts, and EBIT grew from EUR 12 million to EUR 32 million over the same period. The operator ended the quarter with 3.956 million customers, down by 64,000 from the end of 2014 and

EUROPE 13 MAY 2015

Deutsche Telekom handhaaft outlook op solide Q1

Deutsche Telekom meldt een omzet in het eerste kwartaal van 16,8 miljard euro, 13,1 procent hoger dan een jaar geleden. De bijgestelde ebitda groeide met 11,0 procent tot 4,6 miljard euro. Exclusief wisselkoerseffecten (de sterkere dollar) en veranderingen in activiteiten groeide de omzet met 4,7 procent, de ebitda met 5,6 procent. T-Mobile US presteerde beter. In Duitsland is de omzet met 1,9 procent gegroeid, in de VS met 36,1 procent. In de rest van Europa daalde de omzet met 0,6 procent. Systems Solutio

GERMANY 13 MAY 2015

Deutsche Telekom doubles German fibre net additions in Q1

Deutsche Telekom lifted its revenue in Germany by 1.9 percent year-on-year in the first quarter of 2015 to EUR 5.6 billion. Adjusted EBITDA was down 0.9 percent to EUR 2.2 billion. This equates to an adjusted EBITDA margin of 39.6 percent. The sale of fibre-optic products VDSL and FTTH in Germany accelerated in the first quarter, with the number of lines increasing by 463,000 in the period, which equates to twice as many net additions as in the prior year.

GREECE 13 MAY 2015

OTE improves cash flow as Greek market stabilises

Greek operator OTE reported a strong increase in cash flow in the first quarter, amid a continued recovery in results in its home market. Revenues were still down 2.4 percent year-on-year to EUR 940.8 million, and adjusted EBITDA fell 2.2 percent to EUR 326.0 million, due mainly to regulatory price cuts in Romania and Albania. Net profit declined 27.6 percent to EUR 40.4 million. OTE generated positive free cash flow of EUR 53 million, versus a negative EUR 12.5 million a year earlier, despite a 32 percent

MONTENEGRO 8 MAY 2015

Crnogorski Telekom revenues fall 7% to EUR 22.8 mln

Montenegrin operator Crnogorski Telekom saw its first-quarter revenue drop 7 percent year-on-year to EUR 22.8 million. EBITDA was EUR 8 million, down 17 percent, and EBIT fell by EUR 1.4 million to EUR 3.7 million. Net profit dropped to EUR 3.6 million. The number of broadband connections went up by 4 percent year-on-year to 78,200, of which 10,000 are connected to the fibre network (+33%). The number of Extra TV connections rose 3 percent to 64,400, and Extra TV remained pay-TV market leader, with a 40.9 p

EUROPE 7 MAY 2015

Deutsche Telekom launches 'We connect Europe' ad campaign

Deutsche Telekom is launching a new media campaign in 12 countries under the slogan 'We connect people in Europe!'. The integrated campaign supports the group's strategy for becoming the "Leading Telco in Europe" by 2018, as outlined at this year's Mobile World Congress. "With our campaign, we want to raise awareness of the fact that Europe is growing ever closer together, and that Deutsche Telekom and its state-of-the-art technologies are connecting people and markets across borders," said Hans-Christian S

CROATIA (HRVATSKA) 5 MAY 2015

HT Q1 results higher after Optima takeover

Croatian operator T-Hrvatski Telekom reported first-quarter revenues up 0.7 percent year-on-year to HRK 1.619 billion, largely thanks to its takeover of Optima Telekom. The drop in adjusted EBITDA slowed to 1.2 percent, for a total HRK 622 million and a margin of 38.4 percent. Net profit totalled HRK 151 million, down 21 percent after an increase in depreciation and amoritsation. HT increased capital investment in the first quarter by 34.5 percent to HRK 253 million and said it plans an over 25 percent hike

UNITED STATES 28 APR 2015

T-Mobile US expects higher net adds as Q1 revenue lifts 13%

T-Mobile US said first quarter revenues lifted 13.1 percent year-over-year to USD 7.8 billion, with service revenues rising 9 percent to USD 5.8 billion. Adjusted EBITDA increased 27.6 percent to USD 1.4 billion, and the adjusted EBITDA margin advanced to 27.6 percent from 20 percent the prior year. Capex went lower to USD 982 million from 1.3 billion in the fourth quarter. Going forward, T-Mobile US expects to drive further customer momentum while delivering strong growth in adjusted EBITDA and has therefo

UNITED KINGDOM 27 APR 2015

EE revenues under pressure in Q1, 4G growth continues

UK mobile operator EE added 1.7 million 4G customers in the first quarter, taking the total to 9.3 million, up by 224 percent compared to the end of March 2014. It said it was well on track to reach its 14 million 4G customer target by the end of the year. Some 96 percent of new customers chose plans with LTE in the first quarter, nearly half on 4GEE Extra 'double-speed' service. Total connections, including M2M, MVNO and fixed bases, rose 0.6 percent to 30.9 million in the first quarter, compared to 30.7 m

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.