Telefónica's profit reaches 464 million after earning 1.333 million from its ongoing operations

Telefónica reported a net profit of €464 million for the first nine months of 2026, recovering from a loss of €1.08 billion in the same period last year. The company generated €1.333 billion from ongoing operations, marking a 21.6% increase year-on-year. Revenue reached €24.825 billion, up 2.8%, while net financial debt decreased by 10.8% to €25.186 billion. The third quarter saw a significant profit of €860 million, a 151.3% rise compared to the previous year. The company also revised its annual growth targets upwards, aiming for adjusted EBITDA growth above 2.5% and operational cash flow growth above 3.5%. Additionally, a dividend of €0.15 per share was confirmed for 2026, payable in June 2027.