All Financial & Performance articles
View all stories of the same content type.
-
Financial & PerformanceBT cash to take a hit on Brexit and Huexit stockpiling
An improved earnings forecast at BT is not expected to generate more cash as the operator buys up Huawei gear ahead of the 5G ban. Ericsson highlights its own efforts to ensure it can meet BT’s needs in uncertain times ahead.
-
Financial & Performance
O2 bill prompts Drillisch profits warning
MVNO Drillisch is continuing to hit roadblocks, and get battered on costs, as O2 and the other German operators play hardball on contract terms.
-
Financial & Performance
Guidance: Deutsche Telekom shows off its super-sized stats
Up-sized Group sees earnings coming in above €30bn.
-
Financial & Performance
Spend: Deutsche Telekom enters de-leveraging phase
Höttges could reach for famed cookie jar to help bring down borrowing after US splurge.
-
Financial & Performance
Headline numbers: relying on US
USA growth now an even more dominant part of DT’s world. Management remain keen to ensure strength in Europe is not overlooked.
-
Financial & Performance
Guidance: what’s the worst that can happen?
Outlook on revenue and EBITDA implies little good news for rest of FY20–21. Earnings growth anticipated in FY21–22, as regulatory headwinds fade and efficiency gains come into play.
-
Financial & Performance
Divisional highlights: the value of fibre
Management ready to look at ways to bring out the value of BT’s emerging fibre infrastructure. Beyond the current crisis and recession fears, BT Global advancing down the path to recovery. Sudden freeze of live events underlines the importance of BT Sport to Consumer division financial performance. ...
-
Financial & Performance
Numbers: no sport and shut businesses take their toll
While whole Group faces headwinds, Consumer and Enterprise take the brunt of COVID‑19 impact. The “ usual ” working capital payments on top of slumping earnings result in negative cash flow for the quarter.
-
Financial & Performance
Spending: capex surge still around the corner
Lockdown slows network rollout, but capex remains on track to ramp up from next year. Existing cost cutting to be coupled with pandemic‑driven spending reviews for additional sustainable savings. New Huawei rules said not to add to BT’s swap‑out burden.
-
Financial & Performance
BT Group Q1 FY20–21
First full COVID-19 quarter sees a sharp decline in revenue and EBITDA. Outflow of cash as network investment continues. Group CEO Jansen claims mists are clearing, enabling Group to issue guidance for the year — although BT anticipates little improvement until 2021. Openreach progress is ...
-
Financial & Performance
Q2 FY20: isolated Hispam brings the Group down
Capital efficiency remains a focus as the Group weighs a myriad of options for the future of its Latin American division. Beyond the challenges of the pandemic, tough competition and a relatively low‑value customer base are proving a challenge to profitability in the region.
-
Financial & Performance
Telefónica core markets: glimmers of a return to normality
Group’s key business engines report a mixed set of results, but with signs of recovery emerging over the course of Q2.
-
Financial & Performance
Spending: Capex peaks and operational efficiencies rise
Management assures infrastructure investment will be maintained, as key in post-COVID‑19 world. Customer experience another priority area. Other projects being reined in to free up funds, though, with Abosolo stressing “strict screening” of spend plans
-
Financial & Performance
Guidance: it’ll all be over by Christmas (2021)
Telefónica said it expects to meet its revised FY20 guidance, although even with the minimal targets it has set itself there is a challenge to be faced.
-
Financial & Performance
Financial highlights: generating cash and cutting costs
Telefónica’s numbers for the quarter to 30 June 2020 (Q2 FY20) made grim reading.
-
Financial & Performance
Vodafone Q1 FY20–21
What ‘ new normal ’? Leadership pressing on with long-running efficiency and asset sale plans regardless of coronavirus disruption. Hints of bottlenecks owing to top duo’s workload. Group Finance’s €1bn cost-cutting plan “ proceeding very well ”. Footprint retrenchment not necessarily done, with some OpCos ...
-
Financial & Performance
Vodafone Q1 FY20–21 headline performance: Germany and the rest
COVID‑19 blow cushioned: strength in Germany and Portugal, with mixed performances elsewhere. Currency weakness turning Read’s focus on Africa sour.
-
Financial & Performance
Vodafone Q1 FY20–21 spend: no obvious change of course, post-COVID-19
Any post- COVID-19 spend strategy changes appear to either be being kept under wraps, or subjugated by leadership focus on keeping the business on track.
-
Financial & Performance
Deutsche Telekom Q2 FY20
Super-sized by Sprint deal, Group now dwarfs European competitors in terms of sales, spend — and debt. Management attention now firmly on European puzzles that have sat unsolved for years, including teaser of pro‑investment regulations. Switch-around of Europe-side executives could bring in fresh ideas and approaches to ...
-
Financial & Performance
Q2 FY20 first take: Telefónica distracts as reality bites
Another social pact unveiled as COVID‑19 and currency falls combine to wipe €1.5bn off reported revenue, and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. Telefónica Infra ambition emerging as plans for new ...
