Telekom Austria lowers FY guidance

Thursday 16 August 2012 | 09:10 CET | News
Telekom Austria Group reported revenues of EUR 1.063 billion for the second quarter, down 4.2 percent year-on-year. This includes a negative effect from hyperinflation accounting and foreign exchange of EUR 55.3 million, mainly resulting from the Belarus operations. Excluding this effect, group revenues increased by 0.8 percent to EUR 1.119 billion. Telekom Austria's EBITDA comparable, which excludes restructuring and impairment charges, declined 4.2 percent to EUR 364.8 million. This includes a negative effect of EUR 23.7 million from hyperinflation accounting and forex. The operating income

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Categories: General
Companies: A1 Telekom Austria / Telekom Austria Group
Countries: Austria / Eastern Europe
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