Telefonica: Q3 revenues slip 4.3% in organic terms
(CercleFinance.com) - Telefonica has recorded Q3 revenue of 10.
46 billion euros, down 12.1% year-on-year as reported and down 4.3% in organic terms.
EBITDA amounted to 2.67 billion euros, down 2.8% as reported and down 8.3% on an organic basis.
The company recorded a net loss of 160 million euros in the period.
Telefonica announces that it is maintaining its dividend of 0.4 euro for 2020, with a liquidity position of 22.4 billion euros, which will also enable it to make its scheduled debt repayments.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
46 billion euros, down 12.1% year-on-year as reported and down 4.3% in organic terms.
EBITDA amounted to 2.67 billion euros, down 2.8% as reported and down 8.3% on an organic basis.
The company recorded a net loss of 160 million euros in the period.
Telefonica announces that it is maintaining its dividend of 0.4 euro for 2020, with a liquidity position of 22.4 billion euros, which will also enable it to make its scheduled debt repayments.
Copyright (c) 2020 CercleFinance.com. All rights reserved.