Telecommunication: Strong third quarter - Deutsche Telekom raises its forecast
An increase in sales and profit in the third quarter, higher targets for the full year, a higher dividend: Telekom is delighting its shareholders. In the background, the company is pursuing further plans.
The Deutsche Telekom has reported increased revenue and profit for the third quarter, thanks to strong demand. The company's revenue rose 5.5% to 31.1 billion euros, and its operating profit grew 8% to 12.2 billion euros. The Deutsche Telekom has raised its full-year targets, now expecting an operating profit of 47.6 billion euros and a free cash flow of 20.1 billion euros. The company also plans to increase its dividend for 2026 by 10% to 1.10 euros per share and buy back shares worth up to 2 billion euros.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
