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General

OTE boosts dividend on higher cash flow after small drop in Q4 revenues

Thursday 21 February 2019 | 10:59 CET | News
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Greek operator OTE reported a small drop in fourth-quarter revenues and EBITDA, as growth in its home market was offset by continued weakness in Romania. The company aims to stabilise results in Romania this year, after restructuring. It also expects further growth in Greece in 2019, which along with lower capex, should help grow cash flow and shareholder returns. 

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Categories: General
Companies: OTE
Countries: Greece
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