Wednesday, May 10, 2023

Deutsche Telekom Q1 Adj. EBITDA AL Increases; Raises 2023 Guidance

Deutsche Telekom AG (DTEGY.PK) reported first quarter net profit from continuing operations after non-controlling interests of 15.36 billion euros compared to 3.95 billion euros, previous year. Earnings per share was 3.09 euros compared to 0.79 euros. Adjusted net profit was 2.0 billion euros, a decline of 12.5 percent from a year ago, mainly due to the interest effect in the measurement of liabilities and provisions. Adjusted earnings per share was 0.39 euros compared to 0.45 euros. Recurring earnings per share increased by 19.4 percent compared with the prior-year period to 37 cents.

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