TDC A/S announced consolidated earnings results for the first quarter of 2013. For the quarter, the company reported revenue of DKK 6,241 million against DKK 6,644 million a year ago. EBITDA was DKK 2,495 million against DKK 2,568 million a year ago. Operating profit (EBIT) was DKK 1,092 million against DKK 1,038 million a year ago. Profit before income taxes was DKK 918 million against DKK 1,534 million a year ago. Profit for the period from continuing operations was DKK 679 million against DKK 1,316 million a year ago. Profit for the period was DKK 679 million or DKK 0.85 diluted per share against DKK 1,316 million or DKK 1.62 diluted per share a year ago. Adjusted EPS was DKK 1.28 against DKK 1.26 a year ago. Total cash flow from operating activities was DKK 1,380 million against DKK 1,165 million a year ago. Investment in property, plant and equipment was DKK 711 million against DKK 693 million a year ago. Investment in intangible assets was DKK 172 million against DKK 206 million a year ago. Capital expenditure was DKK 885 million against DKK 915 million a year ago. Revenue decreased by 6.1% and was negatively affected by significant negative impact from regulation of international roaming and continued decrease in organic domestic revenue. Capital expenditure in the quarter came to DKK 885 million, which was slightly lower than the company had expected. The company provided earnings guidance for the year 2013. For the year, the company expects revenue to be approximately DKK 25.0 billion to DKK 25.5 billion, EBITDA to be approximately DKK 10.0 billion to 10.2 billion, capital expenditure of DKK 3.7 billion and earning per share of DKK 3.70. For the year, the company expects the effective tax rate to be 27%.

TDC A/S, Q1 2013 Earnings Call, May 03, 2013

TDC A/S Presents at 13th Annual European & Emerging Telecom Conference, Mar-19-2013 04:30 PM. Venue: The May Fair Hotel, Stratton Street, London W1J 8LT, United Kingdom. Speakers: Anders Jensen, President of Consumer, Group Chief Marketing Officer and Senior Executive Vice President, Pernille Erenbjerg, Chief Financial Officer.