Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Telefonica Q4 Profit Rises - Quick Facts

RELATED NEWS
Trade TEF now with 

Telefonica (TEF: Quote,TDE.L) reported fourth-quarter net income of 2.67 billion euros versus 1.33 billion euros last year. Basic earnings per share were 0.59 euros, up from 0.30 euros in the same quarter last year.

Revenues were down to 16.17 billion euros from 16.46 billion euros in the prior-year quarter.

Telefónica also announced its guidance for 2012 and reiterated the shareholder remuneration policy announced in December. The company announced shareholder remuneration of 1.50 euros per share, including the payment of a cash dividend of 1.30 euros per share and a share buyback for the remaining amount.

Moving ahead, in 2012, the company expects revenue growth of more than 1% at current exchange rates.

Click here to receive FREE breaking news email alerts for Telefonica SA and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.