Customer growth gives Deutsche Telekom a tailwind - optimistic outlook

Revenue increased organically by 0.6 percent to just under 112 billion euros in 2023, the Bonn-based company announced on Friday. Adjusted operating profit increased by four percent to 40.5 billion euros and free cash flow by more than 40 percent to 16.1 billion euros.

Frankfurt (Reuters) - Supported by robust customer growth, Deutsche Telekom has achieved its full-year targets.

On this basis, the company forecast a six percent increase in operating profit to 42.9 billion euros and a 16 percent increase in cash flow to 18.9 billion euros for 2024.

(Report by Hakan Ersen; edited by Sabine Wollrab. If you have any questions, please contact our editorial team at [e-mail] (for politics and the economy) or [e-mail] (for companies and markets).