Telefonica Deutschland Holding AG : Q1 in line, the underperformance in retail continues (-4.1%) pending the end of the auctions
>Publication broadly in line despite good client acquisition - Telefonica Deutschland reported Q1 2019 revenues that came in a shade above forecasts, up 0.7% at € 1,779m (ODDO BHF: € 1,777m, consensus: € 1,770m) and adjusted OIBDA (excluding exceptionals alone and IFRS 16), in line with forecasts, that has stagnated at € 408m (ODDO BHF: € 408m, consensus € 410m). As is the case for each quarter, the group indicated that it had benefited from its synergy plan and trans...Telefonica Deutschland Holding is a telecommunication company. Co. offers its consumer retail and business customers postpaid and prepaid wireless communications products, along with wireless data services using Global Packet Radio Service, Universal Mobile Telecommunications System and Long Term Evolution technology as well as Digital Subscriber Line wireline telephony and high-speed internet services. Co. markets its products and its wireless and wireline communications products as well as services via the core brand O2. Co.'s secondary brands include the brands Fonic and netzclub. Co. also markets high-speed DSL internet access and wireline telephony.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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