logo
Share SHARE
FONT-SIZE Plus   Neg

Telefonica Q4 Profit Rises - Quick Facts

Telefonica (TEF,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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The performance of Biotech stocks thus far this month is nothing to write home about, if we were to look at it from the standpoint of the movement of the NYSE Arca Biotechnology Index. A peek at what transpired on the FDA front in August and a preview of what September holds in store for us look pertinent. United Continental Holdings, Inc. on Monday appointed Scott Kirby as President of United Airlines with immediate effect. Kirby, an industry veteran aged 49, joins United from American Airlines Group Inc., where he was president since 2013, following the merger of American Airlines and US Airways. Meanwhile, American announced that Chief Operating Officer Robert Isom will become the President. Apple Inc. (AAPL) has scheduled its annual hardware event on Wednesday, September 7, when the tech giant is expected to unveil the most-awaited smartphone of the year-- iPhone 7. Apple has sent out invitation to the media and published the event on its website with a simple title "See you on the 7th." Although,...
comments powered by Disqus
Follow RTT