financetom
Business
financetom
/
Business
/
Deutsche Telekom says first-quarter core earnings grew in all segments
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Deutsche Telekom says first-quarter core earnings grew in all segments
May 15, 2024 10:33 PM

May 16 (Reuters) - Deutsche Telekom posted

first-quarter adjusted earnings before interest, taxes,

depreciation and amortisation after leases (EBITDA AL) of 10.5

billion euros ($11.43 billion) on Thursday, slightly above a

company compiled consensus forecast of 10.25 billion euros.

The German telecoms provider said adjusted EBIDTA AL had

grown in all of its operating segments, with Germany up 3.5% and

the U.S. up 6.1% from the same period last year.

Deutsche Telekom also confirmed its guidance for 2024.

EBITDA AL is calculated by adjusting EBITDA for depreciation

of right-of-use assets and for interest expenses on recognised

lease liabilities.

($1 = 0.9188 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved