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Telefónica’s Net Profit up 9.4% to 3,775 Million Euros in 1H10 (+16% in 2Q10)

Saturday, July 31st, 2010 | Gain Weight Basic

Telefónica’s Net Profit up 9.4% to 3,775 Million Euros in 1H10 (+16% in 2Q10)
MADRID—-During the first half of the year, earnings per share increases by 10.1% yoy and the company reiterates its short and medium-term guidance as well as its shareholder remuneration commitment through increasing dividend payments Stepping up the pace: Consolidated revenue rose 5.4% year-on-year in the first half of 2010 to 29,053 million euros, with solid performances from all regions.

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