Thursday, July 26, 2018

Telefónica maintains the goals for 2018 after second quarter results

Alvarez-Pallete assured that the company will reiterate the goals and the dividend set for 2018, after its debt was reduced and Oibda improved.

Telefónica reported profits for € 902 million in the second quarter, with 9.9% year-on-year growth. The operator's revenues reached € 12.144 billion, which means a year-on-year reduction of 6.3% but a 2% increase at organic values.

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