Latest news with #coreprofit
CNA
15-05-2025
- Business
- CNA
Deutsche Telekom first-quarter profit slightly above expectations
Deutsche Telekom reported first-quarter core profit slightly above analyst expectations on Thursday and marginally lifted its full-year guidance. The Germany-based telecoms group reported quarterly adjusted earnings before interest, taxes, depreciation and amortisation after leases (EBITDA AL) of 11.3 billion euros ($12.65 billion), up 7.9 per cent year-on-year. Analysts had forecast core profit of 11.11 billion euros in a company provided poll. The group raised 2025 core profit guidance to about 45 billion euros, up marginally from the previous 44.9 billion. It also expects free cash flow after leases of about 20 billion euros, from 19.9 billion earlier. "We are yet again proving our resilience in the face of a challenging environment," CEO Tim Höttges said in a statement. The company said its reported core profit was higher in part due to a stronger U.S. dollar over the three-month period ended March 31 compared with the previous year. ($1=0.8933 euros)
Zawya
13-05-2025
- Business
- Zawya
South Africa's MTN Group reports 33% rise in Q1 core profit
South Africa's MTN Group, on Monday, reported a 33% jump in first-quarter core profit due to strong service revenue growth, lower device cost of sales in its domestic market and a more stable macroeconomic environment. Group earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 33% on a constant-currency basis in the first quarter ended 31 March, and reflects a 5.3 percentage point increase in margin to 44.1%, MTN said, without giving the value of EBITDA. Group service revenue increased 10.4% overall in the quarter, or by 19.8% in constant currency. That was buoyed by 40.4% growth in MTN Nigeria and 39.5% in MTN Ghana. MTN South Africa continued to navigate competitive challenges, most notably in the prepaid segment, with service revenue up by 2.6%. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Reuters
13-05-2025
- Business
- Reuters
Germany's EnBW confirms 2025 outlook
FRANKFURT, May 13 (Reuters) - German utility EnBW on Tuesday confirmed its outlook after posting a 5% rise in first-quarter core profit, adding that a potential upcoming capital increase would enable it to fund additional investments of up to 10 billion euros ($11 billion) by 2030. Adjusted earnings before interest, tax, depreciation and amortisation are still seen at 4.8 billion to 5.3 billion euros in 2025, the company said. ($1 = 0.9015 euros)
Reuters
12-05-2025
- Business
- Reuters
South Africa's MTN Group reports 33% rise in Q1 core profit
JOHANNESBURG, May 12 (Reuters) - South Africa's MTN Group (MTNJ.J), opens new tab, on Monday, reported a 33% jump in first-quarter core profit due to strong service revenue growth, lower device cost of sales in its domestic market and a more stable macroeconomic environment. Group earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 33% on a constant-currency basis in the first quarter ended March 31, and reflects a 5.3 percentage point increase in margin to 44.1%, MTN said, without giving the value of EBITDA. Group service revenue increased 10.4% overall in the quarter, or by 19.8% in constant currency. That was buoyed by 40.4% growth in MTN Nigeria ( opens new tab and 39.5% in MTN Ghana. MTN South Africa continued to navigate competitive challenges, most notably in the prepaid segment, with service revenue up by 2.6%.
Reuters
08-05-2025
- Business
- Reuters
Nexi posts Q1 core profit above company-provided consensus
May 8(Reuters) - Italian payments group Nexi ( opens new tab on Thursday posted a 7% rise in its first-quarter core profit, topping a company-provided consensus. Nexi's quarterly core profit totalled 386.9 million euros ($437.85 million), beating a consensus of 381 million euros. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Core profit margin came in at 48%, up 149 basis points compared to last year. Nexi also reaffirmed its 2025 guidance, targeting low-to-mid single-digit net revenue growth and at least a 50 basis point expansion in core profit margin. The company said it would start the already announced 300-million-euro buyback program on May 21 and pledge to use existing excess cash to pay back around 507 million euros in debt due in June and December. Nexi had already said in late April that quarterly revenue were up 3.7% over the previous year, but now added the main push came from the merchant solution division, which represents 56% of group's total revenue, and grew 4.5% to 457.5 million euros. Shares of European payments firms, which surged during the COVID-19 digital payments boom, have since dropped sharply, weighed down by compliance concerns after German regulators cracked down on Worldline ( opens new tab in 2023. The French group on April 24 postponed its annual financial outlook update until July, citing its new management and increased global economic volatility. ($1 = 0.8836 euros)
