Report
Stephane Beyazian

Deutsche Telekom : Chances élevées de bonne surprise sur les dividendes

>A quel retour actionnarial s’attendre ? Nous sommes 10% au-dessus du consensus - 1/ Le management pourrait annoncer sa proposition de dividende dés le T3 (10/11/22). Nous prévoyons un dividende par action de 0,75 €, qui nous semble pourtant très raisonnable, versus un consensus de 0,68 €. Notre hypothèse se fonde sur : (i) une croissance plus rapide que prévu du BPA en 2022 (c. 20%), reconnue par le management lors de la présentation des résultats du T2 alors qu’’il ...
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
Stephane Beyazian

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