Magyar Telekom's HUF 15-per-share dividend still tenable

Friday 7 August 2015 | 09:17 CET | News
Magyar Telekom's earlier indicated HUF 15-per-share dividend for 2015 earnings remains tenable, according to Budapest Business Journal citing CFO Janos Szabo. He was speaking during a press conference on 6 August. In the spring, Magyar Telekom shareholders voted to place all of the 2014 earnings into profit reserves. Magyar Telekom may reach the top range of its targets for 2015, Szabo said. Guidance for revenue this year in the Q2 report was changed to "roughly stable" from a "0-3 percent increase" earlier. The projection for a 0-3 percent decline in EBITDA was maintaned. 

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Categories: General
Companies: Magyar Telekom
Countries: Hungary
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