Results for the First Nine Months 2008 (Ad hoc Release)
Vienna, November 12, 2008 - Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first nine months 2008 and the third quarter ending September 30, 2008.
Vienna, November 12, 2008 - Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first nine months 2008 and the third quarter ending September 30, 2008.
- Revenues grow by 6.4% from EUR 3,630.9 million to EUR 3,863.8 million
- EBITDA increases by 3.0% from EUR 1,463.6 million to EUR 1,507.6 million
- EBITDA is driven by international operations and the consolidation of Velcom
- Ongoing stabilization of Fixed Net trend as product bundles are effective in decelerating access line loss
- Fixed Net restructuring measures will lead to further headcount reduction, expected non-cash provision of approximately EUR 630 million in 4Q 08
- Outlook for FY 08 for operating business including DPS guidance of at least EUR 0.75 reiterated despite impact of restructuring measures on earnings in 4Q 08
Detailed financial Figures
Results for the First Nine Months 2008 (263.6 KB)
Contact:
Peter E. Zydek
Head of Investor Relations
Tel.: +43 (0) 59059 1 19001
E-Mail: peter.zydek@telekom.at
Elisabeth Mattes
Telekom Austria Group’s Spokeswoman
Tel: +43 (0)664 331 2730
E-Mail: elisabeth.mattes@telekom.at
