Report
Konrad Zomer ...
  • Stephane Beyazian

Deutsche Telekom : Acceleration in Germany, 2022 FCF beat still on track

>Q2 2022 results in line but still on track to beat 2022 consensus - Deutsche Telekom reported Q2 2022 sales up 6% to € 28,168m (consensus € 28,229m) thanks to positive forex changes and up 4.3% like-for-like when excluding handset sales (vs 4.7% in 1Q). Overall, we recalculate that Deutsche Telekom is driven by 4-5% growth in its client customer base thanks to the US business. Q2 2022 EBITDAaL up 5% to € 9,891m (consensus € 9,838m), or 4.6% like-for-like when excludi...
Underlying
Deutsche Telekom AG

Deutsche Telekom is engaged in the telecommunications services and information technology sectors. Co. operates as an integrated telecommunications provider. It is organized into four operating segments: Germany, Europe, and the United States; and Systems Solutions, as well as Group Headquarters and Shared Services. Co. provides fixed-network lines, broadband lines and mobile communications. Co. also provides customized Information and Communication Technology (ICT) solutions for corporate customers under the T-Systems brand. The Group Headquarters and Shared Services segment comprises cross-segment management functions, real estate services, and mobility solutions, among others.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Konrad Zomer

Stephane Beyazian

ResearchPool Subscriptions

Get the most out of your insights

Get in touch