Esinye sezokuphepha esinomthamo omkhulu kakhulu wezivumelwano enkombeni ekhethiwe kazwelonke, i-Ibex 35, yi-teleco Telefónica. Kepha futhi kungenye yezindinganiso ezidala ukudumazeka kakhulu kubatshalizimali abancane nabaphakathi. Ukufika lapho ingakwazi ukweqa amazinga angaphezu kwama-euro angama-8 ngesabelo ngasinye. Kuyizinga lapho kunqunywa khona noma cha izikhundla kuleli nani lemakethe yamasheya. Kwakhe isici sobuchwepheshe Akukhombisi ukuthi le nhlangano ingayinqoba esikhathini esifushane. Ngale kokunye ukucatshangelwa kobuchwepheshe.
Ngakolunye uhlangothi, ukuphela kwento ethile okwamanje ukuthi intengo yeTelefonica iyathuthuka ukunyakaza okubuyela emuva ngemuva kokubhola ukwesekwa. Kepha ngokuphambene nalokho, okungafezekisi ukunqoba ukwakheka kokuncipha kokuphakama nokwehla okuqala kusuka kokuphakama konyaka. Le nhlangano ngokungangabazeki ingasikala isici sobuchwepheshe saleli nani esimweni samanje semakethe yamasheya. Ingasetshenziselwa ukwenza ukuhweba kwezezimali okusheshayo ukusizakala ngokuntengantenga kwamanani ayo kwezinye zezikhathi zokuhweba.
Njengamanje leli xabiso lifanele ligcinwe kunokuthenga ngoba isidingo esiyisisekelo sokuvula izikhundla ezimakethe zezimali yisilinganiso esishiwo ngenhla esidlula ama-euro angama-8 ngesabelo ngasinye. Ngakolunye uhlangothi, akubonakali sengathi ingahlakulela ukwehla okuphansi kakhulu. Ngalo mqondo, izingozi zibonakala zilawulwa kakhulu ukwedlula kwezinye izibambiso. Ukufaka iphothifoliyo yokutshalwa kwezimali iphrofayili yabatshalizimali abancane nabaphakathi abenziwe ngabadla ngoludala noma abavikela kakhulu. Ukuze ngale ndlela, bangakwazi ukulahlekelwa ngokweqile ezikhundleni ezivulwe emakethe yamasheya kazwelonke.
Telefónica, kuzobiza ukucaphuna kuma-euro ayishumi
Mayelana nesikhathi esimaphakathi neside, kufanele kuqashelwe ukuthi leli nani lemakethe liyisiphakamiso okungeke kube lula kakhulu ukwenza inzuzo esikhathini esifushane. Ngenxa yokuxhaswa okukhulu okunama-euro angama-8 ngesabelo ngasinye nokuthi kuzodinga ingcindezi yokuthenga enamandla ezinyangeni ezizayo. Futhi lokho kuze kube manje akukwazanga ukwehlisa lokhu kusekelwa nokudumazeka kwabo bonke abaninimasheya. Ukuba kunoma yimaphi amacala, esinye sezihluthulelo ezizokwehlukanisa ukuphakama kwaso kusuka kudowndrend. Noma yini efanayo, uma kufanele uvule izikhundla noma cha ngenani.
Ngenkathi ngakolunye uhlangothi, kubalulekile futhi ukugcizelela ukuthi isikweletu sikaTelefonica singenye yezinkinga i-teleco engaba nazo finyelela imigomo ephakeme ekuguqukeni kwamanani abo. Ngamanye amagama, kunzima kakhulu ukufinyelela kuleli zinga lesilinganiso, okungenani ezinyangeni ezizayo. Ukufika ezingeni lokuthi lingenye yamanani wezinkomba ezikhethwe kakhulu emhlabeni wonke. Lapho kunzima kakhulu ukwenza imisebenzi yokuhweba ukwenza ukonga kube nenzuzo ngendlela esheshayo. Akufani nokwenzeka ngezinye iziphakamiso emkhakheni wokutshala imali.
Ukusatshalaliswa kwesahlukaniso esiphakeme
Esinye sezikhuthazo zokungena ezikhundleni zenani elilodwa elibaluleke kakhulu le-Ibex 35 ukuthi linikeza isivuno esikhulu senzuzo. Ngenzalo yonyaka engaguquki eqinisekisiwe okusho ukuthi cishe 6%. Ngezinkokhelo ezimbili zonyaka ezenziwa nge-akhawunti ezenziwa ezinyangeni zikaMeyi nangoNovemba. Ukuba seqenjini lezinzuzo ezinenzuzo enkulu yemakethe yamasheya yaseSpain. Ngenkathi ngakolunye uhlangothi, kwenza abatshalizimali abalondoloze kakhulu noma abavikelayo abakhethe lesi siphakamiso semakethe yamasheya iminyaka eminingana. Njengecebo lokwenza ukonga kunenzuzo kusuka kwenye indawo yokubuka.
Ngakolunye uhlangothi, akunakulibaleka ukuthi ngamasu iphothifoliyo yokutshala imali ngokuya ngemali engenayo engaguquki ngaphakathi kokuguquguqukayo kungakhiwa. Ngesikhathi lapho imikhiqizo yasebhange incane bakhiqiza inzalo ephezulu kune-1%. Isibonelo, kumadiphozithi asebhange wesikhathi eside, amanothi ezinkampani noma amabhondi. Ngenxa yentengo eshibhile yemali futhi okuholele ekutheni le mpahla yezezimali ibe sezingeni lomlando, ibe ngu-0%. Yini ethinte umholo omncane emikhiqizweni ehlukene yasebhange.
Ngenkathi ngakolunye uhlangothi, kungakhohlwa ukuthi iTelefonica icwile esiteshini eseceleni lokho ihamba phakathi kwama-euro angama-7 no-8 isenzo. Lapho okuwukuphela kwecebo elingasetshenziswa ukuthuthukisa isikhundla sithathe ibhendi engezansi yamanani ayo ukuzama ukuthengisa amasheya aseduze kwama-euro angama-8. Noma kunjalo, kudinga ulwazi olunzulu kohlangothi lwabatshalizimali kuleli banga lokunyakaza okwenziwe esikhathini esifushane. Ngama-margins wezenzo abonakala ngokuba mncane kakhulu futhi angaguquguquki kuwo wonke amaphrofayili wabatshalizimali abancane nabaphakathi.
Imiphumela yezezimali ngoJanuwari-Mashi
I-Telefónica namuhla yethule imiphumela yayo kwikota yokuqala yonyaka, ngokusheshisa kokukhula kwemvelo kusuka kumali engenayo kuya ekusebenzeni kwemali. iqinisa ibhalansi, ngenxa yokwehliswa kwesikweletu (esiseduze no-10% unyaka nonyaka) nomsebenzi wezimali wekota ongama-euro angaphezu kwezigidigidi eziyishumi.
I-Los imali ikota ibime kuma-euro ayizigidi eziyi-12.190, (- 7,2% vs 1Q17; + 1,9% organic). Ukuvela okuhle kwemali engenayo kusekelwa yizinga lokukhula eliqinile lemali etholwayo evela ekuthengisweni kwamatheminali (+ 16,5%) kanye nokusebenza okuhle kwemali engenayo yesevisi (+ 0,8%). Ngaphandle komthelela omubi wokulawulwa kwikota yokuqala. Ngenkathi ngakolunye uhlangothi, imali engenayo izokhuphula i-3,1% ngonyaka ngonyaka. Imiphumela yebhizinisi, ngamafuphi, ayiboniswanga entengo yamasheya. Ngenxa yokwehliswa kwesikweletu (esiseduze ne-10% unyaka nonyaka) kanye nomsebenzi wezimali wekota ongama-euro angaphezu kwezigidigidi eziyishumi.