The Spanish telecoms elephantine says it has started 2024 pinch "solid maturation and profitability rates".
Telefonica connected Thursday announced that its first-quarter adjusted net earlier interest, tax, depreciation and amortisation (EBITDA) came to €3.2 billion.
That represents a year-on-year summation of 1.9%, successful statement pinch analysts' expectations.
First-quarter nett profit roseate by 79% complete nan year, reaching €532 million, retired of revenues of €10.14 billion.
The institution confirmed its outlook for nan year, which intends for gross maturation of astir 1% and operating rate travel maturation of betwixt 1% and 2%.
Operating rate travel maturation is nan agelong word complaint of maturation of rate generated from business operations aft accounting for operating expenses.
Telefonica besides confirmed a yearly dividend target of €0.30 per share, paid successful 2 instalments: this December and adjacent June.
"Telefónica is making dependable advancement successful nan twelvemonth of its centenary pinch our principles of integrity, committedness and transparency generating shareholder value," said Telefónica Chairman, José María Álvarez-Pallete.
"We person started nan twelvemonth pinch a coagulated strengthening of our business, supported by nan deployment of our caller roadmap, nan GPS strategical scheme which will guideline Telefónica until 2026. Revenue is improving, commercialized activity is improving and nan value of nan work we supply to our customers and their restitution is besides improving."
Telefonica besides said that it had signed a non-binding statement pinch Digi Communications for a semipermanent mobile web wholesale statement successful Spain.
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