Free Trial

Telekom Austria Beats On Q4 Rev/EBITDA/CapEx and FY24 Guidance

COMMUNICATIONS
  • Q4 Rev/EBITDA beat consensus by 1%/6% while EBIT/Income/CapEx came in lower by 8%/2%/5%. DPS in line with BBG consensus.
  • Slight miss vs FY23 targets: Rev +4.9% vs ~5% target, CapEx EUR 1.1b vs. EUR 950m.
  • FY24 guidance for Rev +3-4%, CapEx EUR 800mn (-17% YoY) is a beat vs. BBG consensus estimates for the year while MT guidance is unchanged.
  • EBITDAal leverage of 0.4x flat to Q3 from 1x at FY22.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.