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Telefonica Brasil grows EBITDA in Q1 on sales down 1.4%

Wednesday 6 May 2020 | 15:47 CET | News
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Telefonica Brasil, which operates under the Vivo brand, reported a net profit of BRL 1.15 billion for the first quarter of 2020. This represents a 14.1 percent drop compared to the same period of 2019, as higher tax and depreciation expenses overshadowed the improvement in operating results. EBITDA grew 3.4 percent year-on-year to BRL 4.5 billion, and the EBITDA margin rose from 39.7 percent to 41.6 percent in the same period. 

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Categories: General
Companies: Telefonica / Telefonica Brasil / Vivo
Countries: Brazil
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