Telefonica Forecasts Core Profit Growth of Up to 2.5 Percent in 2026
The Spanish telecom giant expects core profit to rise up to 2.5 percent this year as it cuts debt. Free cash flow is projected to reach 3 billion euros after strong results in Spain and Brazil.
Insights:
Telefónica, S.A. announced on Feb. 24, 2026, that it expects its core profit to grow between 1.5% and 2.5% during the 2026 fiscal year. The company, which operates extensively in the telecommunications sector, also projected that revenue growth for the period will be similar to its core profit gains. Central to this outlook is a forecasted free cash flow of approximately €3 billion, representing a roughly 45% increase compared to the levels seen in 2025.
