logo
  

Telefonica Deutschland H1 Loss Widens; Lifts FY Outlook

Telefonica Deutschland (TELDF.OB,TFTHF.OB) reported that its total loss for the first half-year of 2021 widened to 84 million euros from 62 million euros in the prior year.

Revenue grew 2.9% year-over-year to 3.74 billion euros, reflecting sustained MSR and fixed revenues momentum as well as non-recurrent special factors.

Telefónica Deutschland is updating its 2021 outlook. Financial year 2021 total revenues and OIBDA adjusted for exceptional effects are both expected to be 'slightly positive' year-over-year, respectively. The expected Capex to Sales ratio remains unchanged at 17% - 18% in 2021.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
IntegraDose Compounding Services, LLC has recalled a total of eleven lots of antibiotic medication cefazolin in the form of injection for the potential lack of sterility assurance, the U.S. Food and Drug Administration or FDA said in a statement. The lack of sterility resulted from compounding in a newly installed biologic safety cabinet without completing dynamic smoke study testing. While reporting financial results for the fourth quarter on Thursday, professional services company Accenture Plc (ACN) initiated earnings and revenue growth outlook for the full-year 2022, above analysts' estimates and also provided revenue outlook for the first quarter. For fiscal 2022, the company... Impossible Foods Inc., a plant-based meat maker, is bringing its new plant-based pork product to the restaurants in U.S., Hong Kong and Singapore. Starting Thursday, Impossible pork will be available at Momofuku Ssäm Bar in Manhattan, New York City. It will serve Spicy Rice Cakes with Impossible Pork Ragu. Restaurants across the U.S. and Hong Kong can now order Impossible Pork for their menus.
RELATED NEWS
Follow RTT