Deutsche Telekom Raises Outlook, Plans Dividend Increase
By Sarah Sloat
Deutsche Telekom raised its outlook for a key metric based on higher expectations for its T-Mobile US business and said it plans to raise its 2026 dividend.
The company now expects adjusted earnings before interest, taxes, depreciation and amortization after leases--a closely watched profitability metric in the industry--of around 47.6 billion euros ($53.5 billion) this year, up from 47.5 billion previously. Free cash flow after leases is seen at around 20.1 billion euros, up from around 20.0 billion euros.
The German telecom company plans to raise the dividend by 10% to 1.10 euros and to buy back shares worth up to 2 billion euros in 2027.
In the third quarter, net revenue rose to 31.1 billion euros from 28.9 billion euros. Adjusted Ebitda after leases was 12.2 billion euros, up from 11.1 billion euros. Net profit after controlling interests was 2.76 billion euros, up from 2.43 billion euros.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
November 05, 2026 01:46 ET (06:46 GMT)
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