Telekom Slovenije’s sales up 8%, but profit falls 3%

27 Feb 2009

Telekom Slovenije has reported that its full-year 2008 group net profit fell by 3% year-on-year to EUR86 million (USD109 million), despite an 8% rise in consolidated revenues to EUR852 million. However, the Slovenian incumbent said it was satisfied with the financial results in light of the international economic slump and strong competition in its home market, and added that the figures were in line with expectations.

Slovenia, Telekom Slovenije (incl. Mobitel)