Telefónica Targets 2024 Revenue Growth Of ~1% YoY, With EBITDA To Grow Between 1%-2% YoY
Portfolio Pulse from Benzinga Newsdesk
Telefónica aims for a 2024 revenue growth of approximately 1% year-over-year, with an expected EBITDA growth ranging between 1% and 2% YoY.
May 09, 2024 | 8:45 am
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Telefónica targets a revenue growth of ~1% YoY for 2024, with EBITDA expected to grow between 1%-2% YoY.
Telefónica's guidance for 2024 indicates a positive outlook on revenue and EBITDA growth. This forward-looking statement could instill confidence in investors, potentially leading to a positive short-term impact on TEF's stock price. The specific targets for revenue and EBITDA growth suggest management's confidence in the company's strategic direction and operational efficiency, which could be viewed favorably by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100