Picture Consensus


Once a quarter Deutsche Telekom compiles a consensus for the then upcoming results and future years.

The consensus is the median of all available and meaningful estimates from equity analysts on Deutsche Telekom's future financials.

The following consensus numbers are as of October 23, 2017, 17 days before the Q3 results.

Q3 - 2017FY 2017FY 2018FY 2019FY 2020FY 2021
Group revenues             18.370               75.324               75.773               77.937               79.362               80.675  
Adj. Group EBITDA                5.584               22.380               22.902               24.046               24.938               25.623  
Group Cash Capex (w/o Spectrum)                2.864               11.893               11.821               11.782               11.858               11.941  
FCF before dividends                1.553                  5.492                  6.146                  7.005                  7.635                  7.865  
Net income adjusted                1.154                  4.231                  4.676                  5.295                  6.210                  6.797  

For further details like
- estimates for the segments
- the highest and lowest estimate 
including the number of estimates contained in the average, the highest and lowest estimate as well as the standard deviation please see the following detailed documents: 
Consensus (pdf, 320.7 KB)
Consensus in excel format (xlsx, 91.8 KB)

This document has been issued by Deutsche Telekom AG for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding our revenues, earnings and business developments. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Deutsche Telekom gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.

The next Investor Relations events in detail

Latest Investor Relations publications

Picture results Deutsche Telekom AG

Third quarter 2017

On November 9, 2017 Deutsche Telekom published its financial results for the third quarter 2017.

Symbolbild Cloud

Webinar: Cloud Strategy

Cloud computing has created a paradigm shift in IT as data, processing power and IT applications are increasingly moving onto the net.

Your Contact

You have questions about the Telekom Share, financial reports or similar topics? Contact us!

Picture Contact

Investor Relations

Deutsche Telekom


Phone: +49 228 181‐88880

Fax: +49 228 181‐88899




Friedrich-Ebert-Allee 140, 53113 Bonn