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General

Telefonica organic sales up 1.5% in Q1 on Brazil gains

Thursday 11 May 2017 | 08:28 CET | News
Telefonica reported a year on year organic revenue rise of 1.5 percent to EUR 13.13 billion in the first quarter, driven by double-digit growth in mobile data sales and a fast recovering Brazilian market, which helped to offset weaker performance in Spain and Germany. Adjusted operating income before depreciation and amortisation (OIBDA) was up 4.8 percent on an organic basis to EUR 4.02 billion in Q1, attributed to cost containment efforts and synergy efficiencies, while the margin remained stable at 30.6 percent. Net profit soared to EUR 779 million in the first quarter, a year-on-year

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Categories: General
Companies: Telefonica / Telefonica Brazil / Telefonica del Peru / Telefonica Espana / Telefonica Mexico
Countries: World
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