Supported by robust customer growth, Deutsche Telekom once again increased its revenue and profit in the second quarter.

The Bonn-based Group also slightly raised its annual cash inflow target on Thursday. "All our businesses are running successfully," said CEO Tim Höttges.

According to the information provided, Group sales rose by 4.3 percent to 28.4 billion euros and adjusted operating profit by 7.8 percent to 10.8 billion euros. In the European business, the operating result was higher than ever before in the company's history with an increase of 8.9 percent.

At the same time, cash flow, which is used as an indicator for the dividend amount, increased by almost half to 5.2 billion euros. Analysts surveyed by the company had expected only 4.5 billion euros. Deutsche Telekom is therefore targeting a cash inflow of 19 instead of 18.9 billion euros for the year as a whole. The US subsidiary T-Mobile had also recently raised its forecast for this figure.

(Report by Hakan Ersen. If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)