The Group Center of Deutsche Telekom in Bonn (Photo: Deutsche Telekom AG, Norbert Ittermann)
Bonn – In 1996 Telekom was hydroxy – the course crashed spectacularly, from 70 to 12 euros. Almost 30 years later, the share awakens to life: business is growing, profits bubble. On Wednesday the DAX group lays Numbers for the 4th quarter and the year as a whole 2024 before.
The Telekom share recorded speed in spring 2024, today the paper noted at almost 35 euros, as high as it has not been since January 2001-the stock market value is now 3rd in the DAX. Also stock returns and the plan to increase the dividend to 1.16 euros, The shareholders delight.
In the 3rd quarter Group sales increased by 3.6 to 28.5 billion euros, the operational profit rose by 6.4 percent to 11.1 billion euros in the year. Management reported increasing fiber optic use in Germany, growth in Europe and the system business.
Strong customer growth in America – forecast for 2024
Drive horse in the group is undoubtedly T-Mobile US: With almost 130 million mobile phone contracts, the daughter is now perceived as an American brand. In 2024 alone, 6.1 million customers were added, for 2025 T-Mobile US has made 5.5 to 6 million new contracts.
“The growth dynamics are unbroken on both sides of the Atlantic”, ” Underlined Telekom CFO Christian Illek in November. Reason enough for the telecommunications giant to raise the forecast for the adjusted operational profit from around 42.9 to 43 billion euros.
New contract for Höttges-Trump risks for T-Mobile US
CEO Tim Höttges is considered the father of the Telekom success story, whose contract now is was extended by the end of 2028. Contrary to the group rule, he then exceeded the age limit for 65 years. Srini Gopalan, who recently switched to T-Mobile US, is a hot successor candidate.
Despite the success of the Americans – Trump’s taking office takes risks. Above all, the cooperation with the Chinese network supplier Huawei could displace the US government. On the other hand, T-Mobile cooperates with Apple in the integration of Elon Musks Starlink satellite network.
Profit and sales: forecasts of the analysts
The telecom result per share in the 4th quarter of 2024 should be the forecasts below the previous quarter: around 0.42 euros is the average estimate of 4 analysts according to finanzen.net. In the previous quarter, the result was 0.60 euros per share. But in the 4th quarter of 2023 there were minus 0.21 euros.
When it comes to sales, the observers expect a plus. At around 30.68 billion euros, the forecast is on average for the 4th quarter. That is over the approximately 28.50 billion euros in the previous quarter and the 29.37 billion euros in the 4th quarter of 2023. The financial year ends on December 31.
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