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General

Telefonica Spain stabilises sales, targets year-end growth

Thursday 30 July 2015 | 08:31 CET | News
Telefonica's Spanish unit (Telefonica Espana) continued improving its revenue trend in the second quarter of 2015, reporting sales of EUR 2.87 billion, down 1.1 percent on last year's result of EUR 3.00 billion but up 2.7 percent compared to the previous quarter. The company was keen to point out that its Spanish business reached revenue stabilisation in the months of May (+0.1 percent) and June (+0.2 percent) for the first time since December 2009 and is sticking to its target of returning the Spanish operation to growth in 2015. The ongoing recovery was driven by an increase in higher value

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