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Czech Telefonica CEO: difficult to confirm 2014 revenue guidance
May 14, 2014 / 12:37 PM / 4 years ago

Czech Telefonica CEO: difficult to confirm 2014 revenue guidance

PRAGUE, May 14 (Reuters) - Telefonica Czech Republic chief Luis Antonio Malvido said on Wednesday it was difficult to confirm the company’s guidance for a smaller decline in 2014 revenue.

The Czech telecoms group earlier reported a nearly 10 percent drop in first-quarter revenue. Last quarter, it said it expected a smaller revenue decline in 2014 than a 6.5 percent drop in 2013.

“At this moment we believe this is difficult to confirm,” Malvido said on an analyst call. (Reporting by Robert Muller; Editing by Jason Hovet)

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