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Telefónica achieves a net profit of 3,001 million euros in 2014

Telefónica achieves a net profit of 3,001 million euros in 2014 is now back on the path of organic growth of income (+2.6%) and oibda (+0.2%) and announces the beginning of a new cycle

Madrid, 25 February 2015.- Telefónica presented today FY 2014 results, a year in which the company has taken key steps and obtained visible results in its strategy of transformation towards becoming a Digital Telco. Both investment and the management of the assets portfolio have focused on increasing its competitive positioning in higher-value sectors and markets, translating into an acceleration in income growth throughout the year. At the same time, it has maintained its strict cost management and obtained significant savings from the simplification of the new operating model, resulting in positive OIBDA growth in organic terms.

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