Telefonica SA On Track to Accomplish FY23 Revenue Growth of 4%, OIBDA Growth of ~3%
Portfolio Pulse from Benzinga Newsdesk
Telefonica SA is on track to meet its FY23 guidance with expected revenue growth of around 4% and OIBDA growth of approximately 3%. The CapEx to sales ratio is projected to be around 14%.
November 08, 2023 | 12:24 pm
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POSITIVE IMPACT
Telefonica SA's FY23 outlook indicates a positive revenue and OIBDA growth, which could potentially boost investor confidence and positively impact the stock price.
The company's projected revenue and OIBDA growth for FY23 indicates a positive financial outlook. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100