February 22, 2018 / 7:01 AM / 9 months ago

Spain's Telefonica reports 23 pct rise in core profit in Q4 y/y

MADRID, Feb 22 (Reuters) - Spanish telecommunications company Telefonica posted a 22.8 percent rise in fourth quarter core profit from a year earlier, in line with analyst expectations, as improvements in the domestic market were offset by currency pressures.

Operating income before depreciation and amortisation (Oibda) was 3.9 billion euros ($4.8 billion) while net profit was 693 million euros compared to 145 million euros a year earlier.

Adjusted core profit, not including extraordinary costs, fell 5.2 percent in the fourth quarter from a year earlier, to 4.2 billion euros, also broadly in line with Reuters forecasts. ($1 = 0.8149 euros) (Reporting by Andres Gonzalez; Writing by Paul Day; Editing by Sonya Dowsett)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below