Deutsche Telekom's Q2 adjusted profits increased 7.8% to €10.8bn, driven by US subscribers and domestic market growth.
Deutsche Telekom reported a 7.8% increase in Q2 adjusted profits to €10.8bn, surpassing analyst expectations of €10.7bn, driven by strong growth in US subscribers and domestic market resilience. Net revenues reached €28.4bn, a 4.3% increase, while free cash flows after leases jumped 48.5% to €5.2bn. The company raised its full-year guidance for free cash flow after leases to €19bn from €18.9bn.
August 08, 2024
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