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Telekom Austria Swings To Q1 Net Profit

Monica Gerson, Benzinga Staff Writer
May 10, 2012 5:39 AM
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Tickers: TKAGY
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Telekom Austria AG (OTC: TKAGY) posted a net profit in the first quarter.

Telekom Austria posted its quarterly net profit of EUR46.9 million, versus a year-ago net loss of EUR79.2 million. Its revenue fell 5.6% y/y to EUR1.06 billion.

Capital expenditure climbed 21% to EUR145.8 million.

Telekom Austria shares closed at $21.02 yesterday.

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tags: profit

Posted in: Earnings, News

 

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