PR Newswire/euro adhoc/
EANS-Adhoc: Telekom Austria Group Provides Financial Outlook for 2013 (Ad-Hoc)
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Vienna, 8 January 2013: Today, the Telekom Austria Group (VSE: TKA, OTC US:
TKAGY) announces its financial outlook for the full year 2013.
The management of Telekom Austria Group expects the challenges which
characterised the operational environment during 2012 to continue to dominate
the development in 2013, namely fierce competition in its mature mobile markets,
further regulatory cuts, macro-economic headwinds and FX risks.
However, due to continued low visibility in its major markets, Telekom Austria
Group considers it prudent to limit the financial outlook for 2013 to Revenues
and CAPEX. This outlook is in line with company-compiled consensus.
Telekom Austria Group will address the challenges it is facing with a range of
measures, above all a focus on the high-value customer segment in its mature
mobile markets. While this will impact margins in the short-term, the management
of Telekom Austria Group is confident that this strategy will provide the
optimal basis for future stabilisation. In the same vein the management of
Telekom Austria Group will also intensify cost efficiency efforts in all
business segments to reduce margin pressure.
Furthermore, Telekom Austria Group will continue to pursue its successful
convergence strategy. In its growth markets Telekom Austria Group expects to
further benefit from the strong demand for smartphones and mobile broadband
Telekom Austria Group thus expects the following financial development for the
full year 2013:
Telekom Austria Group Outlook 2013
|Revenues |approximately EUR 4.1 bn |
|CAPEX* |approximately EUR 0.7 bn |
|Intended dividend |EUR 0.05 for 2012 and 2013 |
* CAPEX: does not include any investments for licenses and spectrum nor
Further inquiry note:
Director Investor Relations
Tel.: +43 (0) 50 664 39126
issuer: Telekom Austria AG
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
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-0- Jan/08/2013 06:31 GMT
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