Telefónica posts net profit of 776 million euros in the first quarter of 2016 and all business units show profitable growth

General 29 abril 2016

Madrid, 29 April 2016.- Today Telefónica announced its results for the first quarter of 2016, a period in which the company reached a net profit of 776 million Euros and made significant progress in terms of profitable and sustainable growth. Between January and March, Telefónica registered an improvement in the organic performance of its consolidated revenue, which totalled 10.784 million Euros or a +3.4% year-on-year increase, and an overall growth of the OIBDA in all its business units, resulting in a consolidated of OIBDA 3,376 million Euros and an OIBDA margin of 31.3% (+0.6 percentage points).

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