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Telekom Austria profits jump in the first quarter



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telekom Austria He earned much more than in the first quarter of 2019 The same period in the past year. with net income to 85.9 million euros profit rose nearly 200 percent. Analysts had clear profits jump expected. turnover increased minimally by 1.5 percent to 1.09 billion euros, partly state-owned listed company said on Monday evening.

profit increase in a positive impact on the depreciation of the rebranding last year. Operating result (EBIT) rose from 61.8 million euros to 140.2 million euros. Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 3.5 percent to 374.1 million euros.

Less turnover in Austria

the company's business to rein Austria considered Fell turnover by 0.9 percent to 646.8 million euros. EBIT in internal market It fell to 101.8 million euros for 22.1 percent. EBITDA in Austria I fell due to restructuring costs of 11.4 percent to 226 million euros. In accordance with the market dynamics of the quarterly report of the company remained in the Austria stable.

The number of mobile contract customers grew throughout the Group by 3.6 percent to 16,263,000, in Austria by 1.4 per cent to 3,831,000. Revenue from fixed-line services increased in all markets.

Manual A1 Group has confirmed the forecast sales growth of about 2 percent for the full year. In addition, the forecast dividend per share of 21 cents has been confirmed for the current fiscal year.

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