Telefonica (TEF): Q1 net profit -54% Y/Y to €748M vs. consensus of €1.31B. Revenue rose 0.5% to...

|About: Telefonica S.A. (TEF)|By:, SA News Editor
Telefonica (TEF): Q1 net profit -54% Y/Y to €748M vs. consensus of €1.31B. Revenue rose 0.5% to €15.5B. Latin American operations made a strong contribution, but couldn't compensate for weakness in European markets. (PR .pdf)