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Deutsche Telekom revenue increased

Christian Fernsby |
Deutsche Telekom had a strong start to the 2020 financial year.

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Revenue increased 2.3 percent year-on-year to 19.9 billion euros in the first quarter.

Adjusted EBITDA AL rose by 10.2 percent, reaching 6.5 billion euros.

Free cash flow AL decreased by around 0.7 billion euros due to the reduction in factoring.

This decision accounted for the decline to 1.3 billion euros.

Adjusted net profit increased by 8.5 percent to 1.3 billion euros, unadjusted it increased by 1.8 percent to 916 million euros.

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