Topic filter

Results

  • Welcome to our topic filter! Please select one or more topics to filter the report according to your interests.
  • The topics you selected unfortunately did not produce any results. Please select a different topic combination.

Group Development

Development of operations

millions of €

 

 

 

 

 

 

 

 

 

 

 

 

Q1-Q3
2024

Q1-Q3
2023

Change
%

Q1 2024

Q2 2024

Q3 2024

Q3 2023

Change
%

FY 2023

Revenue

 

6

108

(94.0)

2

4

0

2

(97.4)

115

Of which: GD Towers

 

0

99

(100.0)

0

0

0

0

n.a.

99

Service revenue

 

0

0

n.a.

0

0

0

0

n.a.

0

EBITDA

 

(21)

13,008

n.a.

(4)

(4)

(12)

(5)

n.a.

13,220

Special factors affecting EBITDA

 

2

12,950

(100.0)

2

1

(1)

3

n.a.

13,170

EBITDA (adjusted for special factors)

 

(23)

58

n.a.

(6)

(5)

(12)

(7)

(56.9)

50

Of which: GD Towers

 

0

78

(100.0)

0

0

0

0

n.a.

78

EBITDA AL

 

(21)

13,003

n.a.

(4)

(4)

(12)

(5)

n.a.

13,215

Special factors affecting EBITDA AL

 

2

12,950

(100.0)

2

1

(1)

3

n.a.

13,170

EBITDA AL (adjusted for special factors)

 

(23)

53

n.a.

(6)

(5)

(12)

(7)

(56.8)

45

Of which: GD Towers

 

0

73

(100.0)

0

0

0

0

n.a.

73

EBITDA AL margin (adjusted for special factors)

%

n.a.

48.6

 

n.a.

n.a.

n.a.

n.a.

 

39.2

Depreciation, amortization and impairment losses

 

(2)

(2)

1.1

(1)

(1)

(1)

(1)

(34.6)

(2)

Profit (loss) from operations (EBIT)

 

(23)

13,006

n.a.

(5)

(5)

(13)

(5)

n.a.

13,217

Cash capex

 

(2)

(22)

90.3

(1)

(1)

(1)

(3)

71.2

(24)

Cash capex (before spectrum investment)

 

(2)

(22)

90.3

(1)

(1)

(1)

(3)

71.2

(24)

The sale of the GD Towers business entity was consummated on February 1, 2023. Since that date, GD Towers has no longer been part of the Group. The development of operations for the prior year contains the value contributions up to and including January 2023.

For further information on the presentation of GD Towers in the prior year, please refer to the section “Group organization, strategy, and management.”

The comparison of the 2024 financial year with the prior year is significantly influenced by the sale of GD Towers. The gain on deconsolidation resulting from the transaction amounted to EUR 12.9 billion and is included in EBITDA and the associated performance indicators.

The goal of our Group Development operating segment is to actively manage entities and equity investments to grow their value. For this reason, entities such as Deutsche Telekom Capital Partners and Comfort Charge are assigned to this segment.