Earnings News
FONT-SIZE Plus   Neg
Share SHARE

Telefónica Posts 2012 Net Profit Of EUR 3.93 Bln - Quick Facts

European telecom major Telefónica S.A. (TEF: Quote,TDE.L) reported full-year 2012 consolidated net income of 3.93 billion euros, with basic earnings per share amounting to 0.87 euros. The net profit behaviour in 2012 compared with 2011 is affected by several extraordinary impacts, which last year reduced this item by 2.54 billion euros, according to the company. These included the adjustment of the value of the stakes in Telecom Italia and Telefónica Ireland, and the effect of the devaluation of the Venezuelan Bolivar.

Excluding these effects, the consolidated net profit stood at 6.47 billion euros, while basic earnings per share totaled 1.44 euros.

Revenues in 2012 were 62.36 billion euros, a 0.8% year-on-year decrease, driven by the solid growth of mobile data revenues and the evolution of this item in Latin America. Revenues went up 0.7% year-on-year in 2012, excluding the negative effect of regulation.

The company announced its 2013 guidance and confirmed the shareholder remuneration policy for 2013, of paying a cash dividend of 0.75 euros per share.

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

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.