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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

DEUTSCHE TELEKOM AG

(DTE)
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Deutsche Telekom Pulls Out of Mobile World Congress

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02/12/2020 | 10:26am EDT

By Kim Richters

Deutsche Telekom AG said Wednesday that it won't be attending this year's Mobile World Congress in Barcelona due to the coronavirus outbreak, adding to a list of companies that have pulled out of the conference.

"The health of our employees and of everyone who is our guest at MWC comes first," the company said in a statement.

Chief Executive Tim Hoettges added that because of the continuing spread of the coronavirus "large crowds of people pose a particular risk." He would "consider it irresponsible to take this risk," he said.

The German telecoms company's withdrawal from the event comes after several other companies--such as Nokia Corp. and STMicroelectronics NV--pulled out.

 

Write to Kim Richters at kim.richters@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG -1.69% 11.776 Delayed Quote.-17.74%
NOKIA OYJ 2.68% 2.813 Delayed Quote.-16.94%
STMICROELECTRONICS 1.39% 19.72 Real-time Quote.-19.07%
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Financials (EUR)
Sales 2020 82 306 M
EBIT 2020 6 516 M
Net income 2020 4 644 M
Debt 2020 74 486 M
Yield 2020 5,34%
P/E ratio 2020 12,3x
P/E ratio 2021 11,1x
EV / Sales2020 1,60x
EV / Sales2021 1,54x
Capitalization 56 849 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 16,32  €
Last Close Price 11,99  €
Spread / Highest target 72,7%
Spread / Average Target 36,2%
Spread / Lowest Target -30,8%
EPS Revisions
Managers
NameTitle
Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Christian P. Illek Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
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