UPDATE 2-Telekom Austria sees 2015 growth, steady dividend

martes 10 de febrero de 2015 15:13 GYT
 

* Q4 net loss 48.9 mln euro vs poll avg 52.5 mln

* Comparable EBITDA 252.1 mln vs poll avg 255 mln

* Sees 2015 revenue up around 2 pct (Adds comment on outlook, paragraphs 2 and 3)

VIENNA, Feb 10 (Reuters) - Telekom Austria expects revenue and underlying profit to grow in 2015 and intends to keep its dividend steady at 5 cents per share, the America Movil unit said on Tuesday.

"Challenges such as macroeconomic headwind, regulatory intervention and severe price pressure are expected to remain in place for the time being," it said, but added it was seeing positive impact from steps launched to shore up the business.

"A range of measures relating to market activities, costs and technology is intended to generate growth in revenues as well as in EBITDA comparable. This will be accompanied by an increase in free cash flow," it said it its 2015 outlook.

Fourth-quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) slipped 3.9 percent to 252.1 million euros ($285 million), in line with the 255 million average in a Reuters poll.

Revenue eased 2.4 percent to 1.03 billion euros versus the poll average of 1.047 billion euros. Restructuring charges helped push it to a quarterly loss of 48.9 million euros, bringing its annual loss to 185 million euros.

It said it expected 2015 revenue to grow around 2 percent after a 4 percent drop in 2014. It earmarked capital spending of 700-750 million euros in 2015, down from 757 million in 2014.   Continuación...