Boom of to evaluate for Telefonica in the first quarter of the year. The Spanish telecommunications group recorded in the first three months of 2015 a profit of 1,8 billion euros, up by 162 % thanks to the sale of the British O2 and more favorable exchange rates. This is a result well beyond the expectations of analysts who had estimated a net profit of 669 million euros.
The figure of the is also very positive Telephony turnover and grows by 12,6% to 11,54 billion euros also as a result of the integration of the German branch E-plus. On a like-for-like basis, the increase in group sales is more moderate and is equal to +3,3%. "The evolution of exchange rates helps to increase the increase in revenues by 3,2%," explains the Iberian company in a note. Spain, Brazil and Germany contribute 66% of sales.
