Business

Deutsche Telekom Surges Ahead: Q1 Revenue Climbs 6.5% to €29.8B Amidst Strong Profit Growth

Deutsche Telekom Reports Impressive Q1 Growth

Deutsche Telekom AG has kicked off the fiscal year 2025 with a robust performance, announcing a 6.5% annual increase in first-quarter revenue, totaling €29.8 billion. This growth underscores the company's strong market position and operational efficiency.

Profitability Soars

The telecom giant also reported a staggering 43.5% jump in net profit to €2.8 billion, compared to the same period in 2024. Adjusted net profit and earnings per share (EPS) saw significant rises as well, marking a 9.1% and 10.8% increase, respectively.

Leadership's Perspective

"Deutsche Telekom is continuing to grow again this year," stated CEO Tim Hoettges, highlighting the success of the company's national operations across Europe. This statement reflects the company's optimistic outlook and strategic achievements in the region.