1226 GMT - European telecommunications companies seem likely to lift shareholder returns, Berenberg analysts write in a note. The German brokerage forecasts sustainable free cash flow average annual growth of 10% for the sector over the next five years, with potential dividend rises. "Debt rises in 2026, but then strong cash flow growth is expected by us to push debt and gearing lower," the analysts say. KPN, Deutsche Telekom, Vodafone, Cellnex, BT and Telecom Italia look well-placed for higher shareholders returns, they say. The Stoxx Europe 600 Telecommunications index is up 0.15%. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
June 26, 2025 08:26 ET (12:26 GMT)
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