Telefonica reported Q4 2024 revenue of €10.70 billion, reflecting a year-over-year increase of 5.4%. Adjusted net income stood at €425 million, down 41.8% from the prior year, while adjusted EPS was €0.06. Operating income declined by 33.8% to -€511 million. The company maintained strong cash flow, with free cash flow reaching €1.52 billion in the quarter.
Revenue increased by 5.4% year-over-year to €10.70 billion in Q4 2024.
Net income dropped by 41.8% to €425 million, reflecting impairment impacts.
Adjusted EPS was €0.06, down 46.3% year-over-year.
Free cash flow increased to €1.52 billion in Q4 2024, up 0.9% year-over-year.
Telefonica expects organic revenue and EBITDA growth in 2025, with a focus on capital efficiency and cash flow generation. The company aims to maintain leverage reduction while navigating FX and macroeconomic challenges.
Visualization of income flow from segment revenue to net income