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Friday, November 22, 2024

Telekom Slovenije net profit up 52% to EUR 38m last year, revenue flat

By: J.S., STA

Telekom Slovenije posted a group net profit of EUR 37.9 million for 2021, an increase of 52% over the year before, on sales revenue that was broadly flat at EUR 648.2 million.

Earnings before interest, taxes, amortisation and depreciation (EBITDA) totalled EUR 220.8 million, an increase of 5%, with earnings before interest and taxes (EBIT) reaching EUR 51.7 million in 2021, up 21%, the company said. The group earmarked a total of EUR 208.2 million for investments in 2021.

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