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Telefonica Germany grows revenues, OIBDA in Q1, confirms outlook for 2020

2020-05-06 09:42:00| Telecompaper Headlines

(Telecompaper) Telefonica Germany said its revenues grew by 3.8 percent year-on-year in Q1 to EUR 1.84 billion, in line with expectations. The company confirmed its guidance for the fiscal year 2020, for flat to slightly higher revenues, broadly stable to slightly higher adjusted OIBDA  and capex at 17-18 percent of revenues, while continuing to monitor the impact of the Covid-19 crisis.  

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