Full year results 2006
Service. More than just a promise. Deutsche Telekom's 2006 annual report.
Two contrasting developments shaped Deutsche Telekom's operations in the 2006 financial year: intense competition together with a major drop in prices on the domestic market and further growth in international business. Overall, net revenue increased by 2.9 percent year-on-year to EUR 61.3 billion. Based on adjusted net profit of EUR 3.9 billion and free cash flow (excluding the investment in mobile communications spectrum in the United States) of EUR 5.7 billion, the Board of Management and the Supervisory Board will propose a dividend of EUR 0.72 per share to the shareholders' meeting on May 3, 2007.
At the end of the third quarter of 2006, Deutsche Telekom is on course to meet its targets for the year as a whole. In Germany revenues stabilized, while business continues to grow internationally.
Deutsche Telekom presented the financial figures to the first half year of 2006 on August 11. The Group's business development in the first half of 2006 consisted of contrasting domestic and international trends. Net revenue rose by 3.2 percent to EUR 30.0 billion, adjusted EBITDA fell by 2.4 percent to EUR 9.8 billion.
Deutsche Telekom presented the financial figures to the first three months of 2006 on May 11. The company continued its growth course in the first quarter of 2006 with net revenue rising to EUR 14.8 million. This represents an increase of EUR 0.6 million or 3.9 percent compared with the same period in the previous year. Adjusted Group EBITDA rose 2.7 percent to EUR 5.0 billion.
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