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DEUTSCHE TELEKOM AG - Financial results second quarter 2020
13.08.2020 13:51
- Revenue grows 37.5 percent year-on-year to 27.0 billion euros in the second quarter after inclusion of Sprint
- Adjusted EBITDA AL up 56.4 percent to 9.8 billion euros
- Free cash flow AL up 56.9 percent to 2.4 billion euros
- New guidance for 2020: adjusted EBITDA AL of around 34 billion euros and free cash flow AL of at least 5.5 billion euros
- Business in Germany with strong broadband figures
- T-Mobile US now has almost 100 million customers
- Stable development of customer numbers in Europe
- Coronavirus pandemic impacts on Systems Solutions and roaming revenues
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