Telefonica Deutschland Holding AG

Earnings Release • Aug 2, 2023

News Details

Corporate | 2 August 2023 14:25

Telefónica Deutschland confirms FY23 outlook and dividend commitment

EQS-News: Telefónica Deutschland Holding AG / Key word(s): Miscellaneous

Telefónica Deutschland confirms FY23 outlook and dividend commitment

02.08.2023 / 14:25 CET/CEST

The issuer is solely responsible for the content of this announcement.

Telefónica Deutschland confirms FY23 outlook and dividend commitment

Over the past quarters, Telefónica Deutschland has delivered strong commercial and financial momentum driven by the O 2 brand appeal and its traction in the market.

Telefónica Deutschland will continue this growth path on the back of own commercial strength and quality of service and network and its proven track-record in the partner business.

Independent from today’s 1&1 announcement to co-operate with Vodafone on national roaming, 1&1 has contractual obligations with Telefónica Deutschland under the existing MBA MVNO/4G National Roaming Agreement until 30 Jun-25. This ensures revenue streams for Telefónica Deutschland.

Telefónica Deutschland can use valuable network capacity becoming available for own or other partner’s customers.

Against this background, Telefónica Deutschland confirms its FY23 outlook for both, revenue and OIBDA growth at the ‘upper-range of low single-digit percentage growth’ as well as its FY23 minimum dividend commitment of EURc 18 per share.

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02.08.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Telefónica Deutschland Holding AG
	Georg-Brauchle-Ring 50
	80992 München
	Germany
Phone:	+49 (0)89 24 42 0
Internet:	www.telefonica.de
ISIN:	DE000A1J5RX9
WKN:	A1J5RX
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1694513

MDAX TecDAX

End of News	EQS News Service