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Telefónica Announces 2024 Financial Results with Focus on Regional Management

Story Highlights
  • Telefónica operates in telecommunications, offering services like telephony and broadband.
  • The company released its 2024 financials, highlighting a regional management approach.
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Telefónica Announces 2024 Financial Results with Focus on Regional Management

The latest update is out from Telefonica ( (ES:TEF) ).

Telefónica has released its financial information for the year ending December 2024, prepared under the International Financial Reporting Standards (IFRS). The company emphasizes its regional and integrated management model, which presents operating results independently of legal structures. This approach excludes intra-company billing from operating results, ensuring a clear view of each unit’s performance. The results will be officially presented on February 27, 2025.

More about Telefonica

Telefónica is a major telecommunications company that operates in several regions, including Spain, Brazil, Germany, and Latin America. It provides a range of services such as mobile and fixed-line telephony, broadband, and digital solutions through its various business units like Telefónica Tech and Telefónica Infra.

YTD Price Performance: 9.69%

Average Trading Volume: 2,188,107

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €24.3B

For an in-depth examination of TEF stock, go to TipRanks’ Stock Analysis page.

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