Report
James Ratzer
EUR 9384.00 For Business Accounts Only

Hutchison Europe Q1 2023: UK operating momentum continues

CK Hutchison reported Q1 results this morning, but without a much-anticipated Vodafone-Three merger announcement (albeit Hutchison gave the very strong signal that this could come soon). In this Quick Take note we review retail trends in the UK and Italy mobile markets, and the read-across that this could have for BT, VMO2, Vodafone and Telecom Italia.
Underlying
CK Hutchison Holdings Ltd

CK Hutchison Holdings is an investment holding group based in Hong Kong. Co.'s businesses encompass such diverse areas as property development and investment, real estate agency and estate management, hotels, telecommunications and e-commerce, finance and investments, retail, ports and related services, energy, infrastructure projects and materials, media, and biotechnology. Co.'s core business are organized along four segments: Property (sales, leasing, property management and development); Hutchison Whampoa (ports, property and hotel, retail, infrastructure, energy and telecommunications); Life Sciences (health and agriculture related products) and Other Investments.

Provider
New Street Research
New Street Research

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Analysts
James Ratzer

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