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Deutsche Telekom AG - Financial results for the Full Year 2023 and Q4 2023

29.02.2024 15:47
Deutsche Telekom achieves its targets in the 2023 financial year and expects further growth
  • Net revenue for 2023 up organically by 0.6 percent to nearly 112 billion euros. Service revenue rises 3.6 percent organically
  • Adjusted EBITDA AL up 4.0 percent in organic terms to 40.5 billion euros
  • Annual guidance achieved on a like for like basis
  • Free cash flow AL of 16.1 billion euros over 40 percent higher than in 2022
  • Net profit more than doubled to 17.8 billion euros
  • Germany: customer growth in all areas 
  • United States: industry-leading growth
  • Europe: Growth continues strongly
  • 2024 guidance: Adjusted EBITDA AL to grow 6 percent to around 42.9 billion euros, free cash flow AL to increase 16 percent to around 18.9 billion euros, adjusted earnings per share to reach more than 1.75 euros

 

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