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. other 08.01.2013 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 solutions. 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 acquisitions Further inquiry note: Matthias Stieber Director Investor Relations Tel.: +43 (0) 50 664 39126 mailto: email@example.com issuer: Telekom Austria AG Lassallestrasse 9 A-1020 Wien mail: firstname.lastname@example.org WWW: www.telekomaustria.com/ir sector: Telecommunications ISIN: AT0000720008 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication. -0- Jan/08/2013 06:31 GMT
EANS-Adhoc: Telekom Austria Group Provides Financial Outlook for 2013 (Ad-Hoc)
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