Brief: Tele2 Q4 End-User Service Revenue Up At SEK 5.4 Bln

Tele2 AB

30/01/2024 06:10

Jan 30 (Reuters) - Tele2 AB  TEL2b.ST :
    * END-USER SERVICE REVENUE OF SEK 5.4 BILLION INCREASED BY
3%
ORGANICALLY COMPARED TO Q4 2022 DUE TO SOLID PERFORMANCE ACROSS
OPERATIONS
    * Q4 UNDERLYING EBITDAAL SEK 2.6 MILLION VERSUS SEK 2,578
MILLION
SEEN IN COMPANY CONSENSUS
    * OUTLOOK 2024: 3-4% ORGANIC GROWTH OF END-SERVICE REVENUE,
1-3%
ORGANIC GROWTH OF UNDERLYING EBITDAAL, 13-14% CAPEX TO SALES
(EXCLUDING SPECTRUM AND LEASES)
    * MID-TERM OUTLOOK: LOW TO MID-SINGLE-DIGIT ORGANIC GROWTH
OF
END-USER SERVICE REVENUE, MID-SINGLE-DIGIT ORGANIC GROWTH OF
UNDERLYING EBITDAAL
    * MID-TERM OUTLOOK: 10-12% CAPEX TO SALES (EXCLUDING
SPECTRUM AND
LEASES), HOWEVER 13-14% IN 2025
    * IN Q4 UNDERLYING EBITDAAL INCREASED BY 4% ORGANICALLY
DRIVEN BY 
END-USER SERVICE REVENUE GROWTH, PARTLY OFFSET BY INFLATIONARY 
PRESSURES

Source text for Eikon:  ID:nWkr63Krgr 
Further company coverage:  TEL2b.ST 

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