Previous close | 24.03 |
Open | 24.29 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 24.29 - 24.29 |
52-week range | 20.00 - 25.48 |
Volume | |
Avg. volume | 18,398 |
Market cap | 120.931B |
Beta (5Y monthly) | 0.59 |
PE ratio (TTM) | 25.30 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.82 (3.41%) |
Ex-dividend date | 11 Apr 2024 |
1y target est | N/A |
Deutsche Telekom reported first-quarter adjusted core earnings of 10.5 billion euros ($11.43 billion) on Thursday, with Europe a stand-out as the German telecoms operator highlighted growth across all of its segments. Core earnings for the quarter were slightly above a company compiled forecast of 10.25 billion euros, and the Bonn-based operator said it had achieved record growth in earnings before interest, taxes, depreciation and amortisation after leases (EBITDA AL) of 8.1% in Europe. Telekom attributed the growth to higher customer numbers, price increases and slightly lower energy costs, although its CFO Christian Illek said in a conference call that this will most likely not be sustained over every quarter of the year.
(Reuters) -Deutsche Telekom reported first-quarter adjusted core earnings of 10.5 billion euros ($11.43 billion) on Thursday, with Europe a stand-out as the German telecoms operator highlighted growth across all of its segments. Core earnings for the quarter were slightly above a company compiled forecast of 10.25 billion euros, and the Bonn-based operator said it had achieved record growth in earnings before interest, taxes, depreciation and amortisation after leases (EBITDA AL) of 8.1% in Europe. Telekom attributed the growth to higher customer numbers, price increases and slightly lower energy costs, although its CFO Christian Illek said in a conference call that this will most likely not be sustained over every quarter of the year.
As the Eurozone emerges from a recession with a surprising GDP growth and moderated core inflation, the broader European markets have shown mixed responses amid fluctuating interest rate expectations. In this context, German dividend stocks like Deutsche Telekom offer an interesting consideration for investors looking for potential stability and yield in a recovering economic landscape.