Telefónica(TEF)
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Telefónica(TEF) - 2022 Q3 - Quarterly Report
2022-11-04 11:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of September 2022 Commission file number: 001-09531 TELEFÓNICA, S.A. (Translation of registrant's name into English) Distrito Telefónica, Ronda de la Comunicación, s/n 28050 Madrid, Spain +34 91 482 87 00 (Address of principal executive offices) Indicat ...
Telefónica(TEF) - 2022 Q2 - Earnings Call Transcript
2022-07-29 04:43
Telefonica SA (NYSE:TEF) Q2 2022 Earnings Conference Call July 28, 2022 4:00 AM ET Company Participants Jose MarÃa Alvarez-Pallete - CEO & Executive Chairman Angel Boix - COO & Executive Director Laura Abasolo - Chief Financial and Control Officer Adrián Zunzunegui - Global Director, Investor Relations Lutz Schuler - Virgin Media Conference Call Participants Pilar Vico - Crédit Suisse Joshua Mills - BNP Paribas Exane David Wright - Bank of America Merrill Lynch Nawar Cristini - Morgan Stanley Operator Good ...
Telefónica(TEF) - 2022 Q1 - Earnings Call Transcript
2022-05-18 05:44
Telefónica, S.A. (NYSE:TEF) Q1 2022 Earnings Conference Call May 12, 2022 4:00 AM ET Company Participants Adrián Zunzunegui - Global Director of Investor Relations Ãngel Vilá Boix - Chief Operating Officer Laura Abasolo - Chief Financial and Control Officer & Head of T. Hispam Eduardo Navarro - Chief Corporate Affairs & Sustainability Officer Lutz Schüler - CEO, Virgin Media O2 Conference Call Participants Mathieu Robilliard - Barclays David Wright - Bank of America Fernando Cordero Barreira - Banco Santand ...
Telefónica(TEF) - 2022 Q1 - Earnings Call Presentation
2022-05-12 12:47
| --- | --- | --- | |-------|-------|-------| | | | | | | | | Disclaimer This document and any related conference call or webcast (including any related Q&A session) may contain forward-looking statements and information (hereinafter, the "Statements") relating to the Telefónica Group (hereinafter, the "Company" or "Telefónica"). These Statements may include financial forecasts and estimates or statements regarding plans, objectives and expectations regarding matters, such as the customer base and its evolu ...
Telefónica(TEF) - 2021 Q4 - Annual Report
2022-02-25 17:45
Table of Contents As filed with the Securities and Exchange Commission on February 25, 2022 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 20-F (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF T ...
Telefónica(TEF) - 2021 Q4 - Annual Report
2022-02-25 17:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February, 2022 Commission File Number: 001-09531 Telefónica, S.A. (Translation of registrant's name into English) Distrito Telefónica, Ronda de la Comunicación s/n, 28050 Madrid, Spain 3491-482 87 00 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file an ...
Telefónica(TEF) - 2021 Q4 - Earnings Call Transcript
2022-02-24 13:02
Telefónica, S.A. (NYSE:TEF) Q4 2021 Earnings Conference Call February 24, 2022 4:00 AM ET Company Participants Adrian Zunzunegui – Global Director-Investor Relations Jose Maria Alvarez-Pallete – Chairman and Chief Executive Officer Angel Vila – Chief Operating Officer Laura Abasolo – Chief Financial and Control Officer, and Head-T. Hispam Conference Call Participants Georgios Ierodiaconou – Citi David Wright – Bank of America Luigi Minerva – HSBC Pilar Vico – Credit Suisse Fernando Cordero – Banco Santande ...
Telefónica(TEF) - 2021 Q3 - Earnings Call Transcript
2021-11-04 17:38
Telefónica, S.A. (NYSE:TEF) Q3 2021 Earnings Conference Call November 4, 2021 5:00 AM ET Company Participants Adrián Zunzunegui - Investor Relations Angel Vila - Chief Operating Officer Laura Abasolo - Chief Financial and Control Officer Eduardo Navarro - Chief Commercial Digital Officer Lutz Schuler - CEO, Virgin Media Conference Call Participants David Wright - Bank of America Fernando Cordero - Banco Santander Carl Murdock-Smith - Berenberg Nawar Cristini - Morgan Stanley Jakob Bluestone - Credit Suisse ...
Telefónica(TEF) - 2021 Q2 - Earnings Call Transcript
2021-08-01 09:28
Financial Data and Key Metrics Changes - The second quarter reported figures showed a year-on-year decline narrowed by 3.6% to EUR 10 billion, with organic growth of 3.4%, accelerating by 4.8 percentage points compared to the first quarter [8] - Net income reached EUR 7.7 billion, with earnings per share (EPS) at EUR 1.37 [8] - Free cash flow amounted to EUR 877 million in the second quarter, exceeding EUR 1.6 billion when excluding spectrum payments, representing a 31% increase year-on-year [9] - Net financial debt was reduced by EUR 11 billion year-on-year to EUR 26.2 billion, which is half of the June 2016 net debt position [9][36] Business Line Data and Key Metrics Changes - The Spanish operation showed annual revenue growth for the first time since late 2019, with improved trends in service and handset revenue [17] - In Germany, revenue and OIBDA improved year-on-year by 5.7% and 10.3%, respectively, with CapEx growing by 6.9% [20] - In Brazil, revenue growth accelerated to 3.2% year-on-year in Q2, with OIBDA returning to positive growth at 3% year-on-year [26] - Telefonica Tech revenue growth accelerated to 26.6% year-on-year, with B2B revenues growing by 4.5% [30] Market Data and Key Metrics Changes - In Spain, the competitive environment is rationalizing, leading to improved customer satisfaction and reduced churn [18] - The U.K. market saw the completion of the Virgin Media O2 JV, with a total base of EUR 54.6 million, up 7% year-on-year [21] - In Hispam, the company reported simultaneous year-on-year revenue and OIBDA growth for the first time in 15 quarters [34] Company Strategy and Development Direction - The company is transitioning to sustainable profitable growth, with a focus on digitalization and ESG initiatives [5][7] - The strategic focus includes reinforcing positions in core markets, such as the U.K. and Brazil, while modulating exposure to Hispam [6][10] - The company aims to upgrade its U.K. network to full fiber to the premise by 2028, leveraging its existing infrastructure [42][43] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the second half of the year, expecting ARPU improvements and a return to OIBDA margins above 39% [9][10] - The company anticipates continued operational momentum in Brazil and Germany, with a positive outlook for revenue and OIBDA stabilization [10] - Management highlighted the importance of rational market behavior in Spain, which is expected to support ARPU recovery [56] Other Important Information - The company has launched an industry-wide eco-rating scheme for mobile phones and has been recognized as a climate leader by the Financial Times [12] - The company is committed to diversity and inclusion, aiming for at least 33% of women in management positions by the end of 2024 [13] Q&A Session Summary Question: Thoughts on the U.K. business moving from cable to fiber - Management confirmed the decision to upgrade to fiber is driven by the unique position of having a deep fiber network, allowing for low-cost upgrades and better competitive positioning [42][43] Question: Impact of football season on ARPU in Spain - Management explained that the end of the football season led to temporary downgrades, but expects ARPU to improve in the second half as promotions decrease and new portfolio offerings take effect [44][46] Question: Outlook for EBITDA in Spain - Management indicated that while Q2 EBITDA improved slightly, the comparison was tough due to nonrecurring factors from the previous year, but expects a return to close to 40% margins in the second half [65][67] Question: Potential for further inorganic options in LATAM - Management stated the focus is on profitability and efficiencies rather than pursuing deals, but sees opportunities for growth through fiber initiatives [71][74] Question: Future of the voluntary scrip option - Management noted that the scrip option provides flexibility during uncertain times, but aims to mitigate dilution impacts through excess free cash flow [92]
Telefónica(TEF) - 2021 Q2 - Earnings Call Presentation
2021-07-29 12:36
| --- | --- | --- | --- | |------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | RESULTS | | | | | January - June | | | | | | | | | | 2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Disclaimer This document and any related conference call or webcast (including any related Q&A session) may contain forward-looking statements and information (hereinafter, the "Statements") relating to the Telefó ...