Telekom raises guidance, reports slight Q3 profit beat
Nov 14 (Reuters) -Deutsche Telekom DTEGn.DE raised on Thursday its full year core profit guidance and posted third quarter group core profit that slightly beat analyst expectations.
The telecoms company reported third quarter adjusted group earnings before interest, taxes and amortization after leases (EBITDA AL) at 11.096 billion euros ($11.70 billion) compared with the 11.05 billion euros expected by analysts in a company-compiled consensus.
Deutsche Telekom also increased its EBITDA AL guidance for the full year 2024, raising it to around 43.0 billion euros, afterpreviously guiding for 42.9 billion euros.
($1 = 0.9484 euros)
Reporting by Marleen Kaesebier in Gdansk; editing by Milla Nissi; Editing by Muralikumar Anantharaman
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