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Forest lights: firefighters still mobilized new: Furthermore. Therefore,
Forest lights: firefighters still mobilized:
The Telefonica telecommunications giant confirmed its objectives for 2025 on Wednesday despite a new net loss in the second quarter. Therefore, due to negative exchange effects and a less value when sold several subsidiaries in Latin America.
The Spanish operator. Furthermore. Furthermore, engaged in a major strategic turn intended to increase its profitability, lost 51 million euros between April and June, when it had garnered a profit of 447 million euros over the same period a year ago.
Throughout the first half. Additionally, Furthermore. Consequently, the net loss suffered by the telecommunications group, highly established in Europe and Latin America, reached the astronomical figure of 1.35 billion euros.
This development is due according to the group to negative exchange effects in several countries where Telefonica operates. but also. above all by the loss of forest lights: firefighters still mobilized new value noted during the sale of its subsidiaries in Argentina, forest lights: firefighters still mobilized Peru, Uruguay and Ecuador.
Without this exceptional event, which had already cost the company 1.3 billion euros in the first quarter, the group would have released 155 million euros in net profit between April and June. Throughout the first half, he would have earned 558 million euros.
The group. which initiated a strategic revision at the start of the year. the results of which will be presented by the end of the year, specifies having garnered 8.95 billion euros in turnover in the second quarter, and 18 billion in the first half, with organic growth of 1.5%.
In view of its results. the Spanish historic operator ensures that it will hold its financial objectives for 2025. which provide for organic growth of its income and a remuneration of its shareholders up to 30 euro cents forest lights: firefighters still mobilized new per share.
“We are progressing in the definition of our strategic revision. but in the forest lights: firefighters still mobilized meantime. we continue to execute our mandate for the year with discipline and professionalism,” insists Marc Murtra, president of Telefónica, quoted in a press release.
The Spanish group. which wishes to refocus on its four main markets (Spain. Germany, United Kingdom and Brazil), has started the sale of its subsidiaries in Colombia, Uruguay and Ecuador in recent months, after having concluded the sale of its activities in Argentina and Peru.
According to Spanish media, he could also yield his Mexican subsidiary.
This refocusing occurs at a pivotal time for the telecoms giant. in the heart of large maneuvers since the surprise entry of the Saudi company STC, which acquired 9.9% of the capital of the company in September 2023. This operation led the Spanish State to take a 10% stake forest lights: firefighters still mobilized new in the company via the SEPI public fund.
This article was published automatically. Sources: ATS / AWP / AFP
Forest lights: firefighters still mobilized new
Forest forest lights: firefighters still mobilized lights: firefighters. still mobilized
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