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General

Telefonica Spain sales down 2.6% in Q1, mobile clients grow

Thursday 11 May 2017 | 09:00 CET | News
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.07 billion in the first quarter of 2017, unchanged from the previous quarter but down 2.6 percent compared to a year earlier due to lower service revenues, which fell 1.5 percent year on year, and lower handset sales, down 29.9 percent. The company's operating income before depreciation and amortisation (OIBDA) for the quarter came in at EUR 1.29 billion, a 2.4 percent year-on-year fall, while the margin expanded by 0.1 of a percentage point to 39.8 percent. Capex was down substantially to EUR 333 million from EUR 431

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Categories: General
Companies: Movistar / Telefonica / Telefonica Espana
Countries: Spain
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