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Telefonica Deutschland confirms outlook after Q1 results
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BERLIN (Reuters) - Telefonica Deutschland confirmed its 2022 outlook for sales and operating income before depreciation and amortization (OIBDA) on Wednesday after reporting a 5.2% jump in first quarter sales boosted by strong demand for expensive smartphones.
BERLIN (Reuters) – Telefonica Deutschland confirmed its 2022 outlook for sales and operating income before depreciation and amortization (OIBDA) on Wednesday after reporting a 5.2% jump in first quarter sales boosted by strong demand for expensive smartphones.
The group reported sales of almost 1.95 billion euros ($2.1 billion) and said adjusted OIBDA rose 7.2% to 602 million euros in the quarter.
The Munich-based firm said it did not see direct impact of the war in Ukraine on its operational business.
($1 = 0.9482 euros)
(Reporting by Riham Alkousaa, editing by Kirsti Knolle)
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