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General

TDC Q1 revenue dips as cost of corporate separation bites, maintains FY guidance

Thursday 16 May 2019 | 13:34 CET | News

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Danish operator TDC reported first quarter revenue of DKK 4.30 billion, down by 0.6 percent on a reported basis or by 1.4 percent on an organic basis. EBITDA was DKK 1.70 billion, down by 3.9 percent, by 9.5 percent adjusted for IFRS 16, or by 3.0 percent on an organic basis. The decline was driven by extraordinary high costs related to the separation of TDC as well as investments in the new strategy.

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Categories: General
Companies: TDC
Countries: Denmark
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