TDC maintains FY outlook despite challenging Q2

Thursday 7 August 2014 | 12:41 CET | News
TDC Group said revenue in the second quarter declined by 5.5 percent to DKK 5.668 billion and EBITDA fell by 3.2 percent to DKK 2.354 billion. Even so, it still predicts that full-year organic revenue will decrease by less than the 3.5 percent that it fell in 2013, EBITDA will exceed DKK 9.6bn and capital expenditure will reach DKK 3.7 billion. An interim dividend of DKK 1.50 per share will be paid on 13 August. The company regretted the focus on low prices in public procurement rather than on quality or fostering investment.

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Categories: General
Companies: TDC
Countries: Denmark
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