TELETRADER News
11/12/2021, 7:03 AM
(Source: TeleTrader)
Telekom's Q3 revenue at €26.9B, up by 2.1% YoY
Deutsche Telekom AG announced on Friday that its revenue in organic terms in the third quarter of 2021 saw an annual increase of 2.1% to reach €26.9 billion.
The company's net income rose by 8.8% in comparison to the same period in 2020 to €889 million. Meanwhile, its diluted earnings per share (EPS) went up by 11.8% year-on-year to €0.19 per share.
"Our businesses are performing even better than expected. Following strong figures in the first nine months, we are setting the bar for 2021 a little higher," Deutsche Telekom's Chief Executive Officer (CEO) Tim Hoettges commented on the report.