$T (+0,07%) has presented its final quarterly figures and was able to exceed expectations in operational terms, while at the same time its debt has continued to rise.
- Sales (expected): 31.25B USD
- Turnover (reported): USD 31.50B
- EPS (expected): USD 0.55
- EPS (reported): 0.57 USD
The operating business in particular deserves special mention. $T (+0,07%) The company once again recorded strong customer growth in the mobile and fiber optic segments, which confirms the strategy around connectivity and bundled offers. Sales growth also shows that the core business is continuing to grow steadily.
On the negative side, however, there was a decline in free cash flow in particular, which was primarily impacted by high investments in network expansion. At the same time, the well-known high level of debt remains a key issue and is further exacerbated by recent acquisitions, which further restricts the financial scope. In addition, structural declines are still evident in parts of the legacy business.
The outlook remains solid overall, but not spectacular. $T (+0,07%) The company continues to focus clearly on the expansion of 5G and fiber optic infrastructure. In the short term, however, the share's performance is likely to depend heavily on whether the company succeeds in stabilizing its cash flow and sustainably reducing its debt.
The bottom line is a familiar picture. Operationally stable with slight growth, but still structural construction sites on the financial side.
Is the operational stability enough for you to invest or do the risks relating to cash flow and debt outweigh the risks?
~No investment advice ~