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Deutsche Telekom gears up for April's pivotal financial and labour showdowns

A high-stakes April looms for Deutsche Telekom. With unions demanding raises and shareholders eyeing record payouts, every decision could reshape its future.

The image shows a graph depicting corporate profits before and after taxes. The graph is...
The image shows a graph depicting corporate profits before and after taxes. The graph is accompanied by text that provides further information about the data.

Deutsche Telekom gears up for April's pivotal financial and labour showdowns

Deutsche Telekom is preparing for a busy April as key financial and labour decisions approach. The company's annual general meeting, ex-dividend date, and the start of wage negotiations will all take place within two weeks. Meanwhile, the telecoms giant has reported strong growth and outlined plans for shareholder returns.

The company's financial results for 2025 showed organic revenue growth of 4.2%, reaching €119.1 billion. Shareholders will benefit from a dividend of €1.00 per share for 2025, marking an 11% increase from the previous year. A share buyback programme of up to €2 billion is also in progress, with around 12.3 million shares repurchased so far.

On the labour front, current wage agreements are set to expire before April 1. Negotiations with the union ver.di will begin on April 13, with four rounds of talks planned through late May. Ver.di is demanding a 6.6% pay rise for its 60,000 unionised members at Deutsche Telekom. Last year, the union secured a 6% increase along with a fixed monthly bonus of €190. The company has also set an adjusted EBITDA target of €47.4 billion for 2026. First-quarter results for the same year will be announced on May 13, shortly after the wage talks conclude.

Deutsche Telekom's upcoming wage negotiations will shape pay for thousands of employees, while shareholders await higher dividends. The company's financial performance and strategic targets remain strong, with further updates expected in mid-May.

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