BERLIN, Nov 3 (Reuters) - German telecommunications company
Telefonica Deutschland raised its full-year core
profit guidance on Wednesday, citing strong growth in new
customer contracts for its core brand O2.
Telefonica Deutschland, which belongs to the Spanish
Telefonica group, said 2021 adjusted operating profit
(OIBDA) would rise in the low mid-single-digit percentage range,
compared to its previous target for a figure slightly above
previous year.
The company said its third-quarter revenues rose around 5%
to 1.97 billion euros ($2.28 billion), above the 1.91 billion
euros expected on average by analysts in a Refinitiv poll.
($1 = 0.8635 euros)
(Reporting by Zuzanna Szymanska; Editing by Miranda Murray)