UPDATE 1-Telekom Austria keeps 2015 revenue growth forecast

miércoles 22 de abril de 2015 02:09 GYT
 

* Q1 adj. EBITDA 338.5 mln eur vs poll avg 321 mln

* Keeps 2015 outlook, dividend plan 0.05 eur/shr

* Reiterates 2015 savings target 90 mln eur (Adds detail)

VIENNA, April 22 (Reuters) - Telekom Austria on Wednesday reported first-quarter operating income above expectations and kept its 2015 revenue growth forecast at around 2 percent.

Earnings before interest and tax (EBIT) of 139.7 million euros ($149.87 million) were up 44 percent from a year earlier on revenues of 956 million euros which came in below a Reuters poll average of 974 million euros.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 5.8 percent to 338.5 million euros in the January-March quarter, above the average poll estimate of 321 million euros.

"A range of measures relating to market activities, costs and technology is intended to generate growth in revenues as well as in EBITDA comparable," Telekom Austria said.

"This will be accompanied by an increase in free cash flow."

Its America Movil unit, which reiterated its target of 90 million euros of gross savings this year and a dividend payout of 0.05 euro per share, has said it has room for acquisitions in a 3-digit-million range.   Continuación...