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Deutsche Telekom revenue increased 0.9 percent

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Staff Writer | Thursday February 21, 2019 5:00AM ET
Deutsche Telekom
Deutsche Telekom   Free cash flow increased 13.7 percent

Deutsche Telekom remained on course in the final quarter of 2018.


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The Group exceeded its financial guidance, which had been raised three times in the course of the year.

Revenue increased 0.9 percent in 2018 to 75.7 billion euros, adjusted EBITDA 5.0 percent to 23.3 billion euros.

At the same time, free cash flow increased 13.7 percent in the full year to 6.2 billion euros.

In organic terms – i.e., assuming constant exchange rates and the same composition of the Group – revenue grew 3.1 percent, adjusted EBITDA

y 7.2 percent, and free cash flow 18.9 percent. Deutsche Telekom’s guidance is established on an organic basis.

The target values, adjusted most recently in November, stood at around 23.6 billion euros for adjusted EBITDA and around 6.3 billion euros for free cash flow.

On an organic basis, the Group clearly exceeded these forecast figures, achieving 23.8 billion euros in adjusted EBITDA and 6.3 billion euros in free cash flow.

 

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