Telefónicawatch

Outlook: Cash is king

2020-11-20T11:25:00

Outlook: Cash is king

Source: Markus Spiske / Unsplash

Telefónica appears just about on track to meet guidance on operating cash flow during this uncertain year. The weak share price is adding to worries on debt, but generating more free cash flow is the Group’s preferred response to pressure. Management tight-lipped on future dividend payments.

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