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Article: Germany: DT Q3 net profit improves 7%.(Financial report)
- Article from:
- TendersInfo
- Article date:
- November 7, 2009
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Byline: pinto03
German telecoms giant Deutsche Telekom (DT) has posted its results for the three months ended 30 September 2009, reporting net revenue of EUR16.3 billion (USD24.07 billion), up 5.2% year-on-year (y-o-y).
The group s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) also rose 5.2% compared to the same three-month period a year earlier to EUR5.5 billion, while Q3 net profit totalled EUR959 million, up 7.2% y-o-y. Meanwhile, DT s revenue for the first nine months of 2009 amounted to EUR48.4 billion, an increase of 6.2% against the same period a year earlier, while adjusted EBITDA for the nine-month period rose ...