By Inti Landauro<\/strong>

\"\"
<\/span><\/figcaption><\/figure>MADRID: Spain<\/a>'s Telefonica<\/a> nudged up its annual revenue and earnings forecasts on Thursday, striking a cautiously optimistic tone as it prepares for tougher economic times.

The move came after the telecoms firm reported second-quarter core earnings and revenues that beat analysts' expectations, though its net profit came in just below forecast.

\"We have done our homework and we feel more resistant,\" CEO Jose Maria Alvarez-Pallete told Reuters.

Telefonica is prepared for rising interest rates, for instance, he said. \"We have deployed the networks of fibre and
5G<\/a>, the peak of intensity of our capital expenditure is behind us.\"

Soaring consumer prices and slowing economies are creating new challenges for Telefonica which, like rivals, has seen profitability eroded in recent years by cut-throat competition and the need to invest in fibre and
5G networks<\/a>

The improved guidance left investors unimpressed, however. Telefonica shares were down 0.6% at 1200
GMT<\/a>.

The company had previously expected both core earnings and revenue to grow in a low single digit percentage range this year. It now sees revenues growing at the \"high-end\" of that range, or close to 3%, according to the CEO, with core earnings at the \"mid-to-high-end\", or up 2-3%.

Second quarter net profit came in a little below expectations at 320 million euros, but core earnings and revenue slightly higher at 3.15 billion euros and 10.04 billion respectively.

Analysts had expected net profit of 333 million euros, core earnings of 3.06 billion and revenue of 9.58 billion, according to a company-supplied consensus.

Quarterly net profit and core earnings fell 96% and 77% respectively from a year earlier after 2021 results were boosted to record levels by mergers and acquisitions (M&A).

Excluding M&A effects, but including the contribution of Telefonica's 50% stake in a British joint venture, core earnings were up 3.4%.

Telefonica said it reduced the hit from inflation by hedging energy costs, pushing up prices through improved services, reducing wage increases and cutting headcount.

In many Latin American countries and in Britain, its fees are automatically indexed to inflation.

Telefonica also benefited from a weaker euro in the quarter.
<\/body>","next_sibling":[{"msid":93190983,"title":"Meta withdraws plan over new privacy policy update","entity_type":"ARTICLE","link":"\/news\/meta-withdraws-plan-over-new-privacy-policy-update\/93190983","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93191045,"entity_type":"ARTICLE","title":"Spain's Telefonica nudges up 2022 outlook despite economic clouds","synopsis":"The move came after the telecoms firm reported second-quarter core earnings and revenues that beat analysts' expectations, though its net profit came in just below forecast.","titleseo":"telecomnews\/spains-telefonica-nudges-up-2022-outlook-despite-economic-clouds","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2022-07-28 18:42:40","lastupd":"2022-07-28 18:45:18","breadcrumbTags":["telefonica","gmt","spain","industry","5g","5g networks","telecom news","international"],"secinfo":{"seolocation":"telecomnews\/spains-telefonica-nudges-up-2022-outlook-despite-economic-clouds"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-07-28" data-index="article_1">

西班牙电信云推动2022尽管经济前景

此前据电信公司第二季度核心盈利和收入超过分析师预期,尽管其净利润略低于预期。

  • 更新于2022年7月28日下午06:45坚持
由印锑Landauro

马德里:西班牙西班牙电话公司年度营收和获利预估周四小幅上调,引人注目的语气谨慎乐观的经济困难时期做准备。

此前据电信公司第二季度核心盈利和收入超过分析师预期,尽管其净利润略低于预期。

“我们做我们的作业,我们觉得更耐药,”首席执行官何塞玛丽亚Alvarez-Pallete告诉路透。

西班牙电信准备利率上升,例如,他说。“我们有纤维和网络的部署5克的峰值强度的背后是资本支出我们。”

广告
消费者价格飙升和经济放缓为西班牙电信,创造新的挑战与竞争对手一样,侵蚀近年来通过激烈的竞争和盈利能力在纤维和投资的需要5 g网络

然而,改进的指导让投资者无动于衷。西班牙电信公司股价下跌0.6%,至1200人格林尼治时间

该公司此前曾预计核心盈利和收入今年增长较低的个位数百分比范围内。现在看到收入增长的“高端”范围,或接近3%,根据首席执行官,在“中高端”与核心盈利,或者2 - 3%。

第二季度净利润略低于预期在3.2亿欧元左右,但核心盈利和收入稍高分别为31.5亿欧元和100.4亿。

分析师此前预计净利润为3.33亿欧元,30.6亿年核心盈利和收入95.8亿,据company-supplied共识。

季度净利润和核心盈利较上年同期分别下降96%和77% 2021年之后结果到创纪录的水平增长了兼并和收购(并购)。

不包括并购效应,但包括西班牙电信的贡献的英国合资公司50%的股份,核心盈利增长了3.4%。

广告
西班牙电信表示,它减少了能源成本受通货膨胀的对冲,推高了房价通过改善服务,降低工资增长和削减员工。

在许多拉美国家和英国,其费用将自动与通货膨胀挂钩。

西班牙电话公司也受益于欧元贬值。
  • 发布于2022年7月28日下午06:42坚持
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By Inti Landauro<\/strong>

\"\"
<\/span><\/figcaption><\/figure>MADRID: Spain<\/a>'s Telefonica<\/a> nudged up its annual revenue and earnings forecasts on Thursday, striking a cautiously optimistic tone as it prepares for tougher economic times.

The move came after the telecoms firm reported second-quarter core earnings and revenues that beat analysts' expectations, though its net profit came in just below forecast.

\"We have done our homework and we feel more resistant,\" CEO Jose Maria Alvarez-Pallete told Reuters.

Telefonica is prepared for rising interest rates, for instance, he said. \"We have deployed the networks of fibre and
5G<\/a>, the peak of intensity of our capital expenditure is behind us.\"

Soaring consumer prices and slowing economies are creating new challenges for Telefonica which, like rivals, has seen profitability eroded in recent years by cut-throat competition and the need to invest in fibre and
5G networks<\/a>

The improved guidance left investors unimpressed, however. Telefonica shares were down 0.6% at 1200
GMT<\/a>.

The company had previously expected both core earnings and revenue to grow in a low single digit percentage range this year. It now sees revenues growing at the \"high-end\" of that range, or close to 3%, according to the CEO, with core earnings at the \"mid-to-high-end\", or up 2-3%.

Second quarter net profit came in a little below expectations at 320 million euros, but core earnings and revenue slightly higher at 3.15 billion euros and 10.04 billion respectively.

Analysts had expected net profit of 333 million euros, core earnings of 3.06 billion and revenue of 9.58 billion, according to a company-supplied consensus.

Quarterly net profit and core earnings fell 96% and 77% respectively from a year earlier after 2021 results were boosted to record levels by mergers and acquisitions (M&A).

Excluding M&A effects, but including the contribution of Telefonica's 50% stake in a British joint venture, core earnings were up 3.4%.

Telefonica said it reduced the hit from inflation by hedging energy costs, pushing up prices through improved services, reducing wage increases and cutting headcount.

In many Latin American countries and in Britain, its fees are automatically indexed to inflation.

Telefonica also benefited from a weaker euro in the quarter.
<\/body>","next_sibling":[{"msid":93190983,"title":"Meta withdraws plan over new privacy policy update","entity_type":"ARTICLE","link":"\/news\/meta-withdraws-plan-over-new-privacy-policy-update\/93190983","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":93191045,"entity_type":"ARTICLE","title":"Spain's Telefonica nudges up 2022 outlook despite economic clouds","synopsis":"The move came after the telecoms firm reported second-quarter core earnings and revenues that beat analysts' expectations, though its net profit came in just below forecast.","titleseo":"telecomnews\/spains-telefonica-nudges-up-2022-outlook-despite-economic-clouds","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2022-07-28 18:42:40","lastupd":"2022-07-28 18:45:18","breadcrumbTags":["telefonica","gmt","spain","industry","5g","5g networks","telecom news","international"],"secinfo":{"seolocation":"telecomnews\/spains-telefonica-nudges-up-2022-outlook-despite-economic-clouds"}}" data-news_link="//www.iser-br.com/news/spains-telefonica-nudges-up-2022-outlook-despite-economic-clouds/93191045">