Telia second-quarter core profit beats expectations

Telenor ASA

17/07/2026 06:15

    July 17 (Reuters) - Swedish telecom operator Telia on Friday reported second-quarter core earnings that beat market expectations, helped by solid service revenue growth, continued cost reductions and strong demand for its secure connectivity services.
Adjusted EBITDA rose to 8.38 billion Swedish crowns  ($866.95 million)from 7.97 billion a year earlier, compared with analysts' average forecast of 8.34 billion
Service revenue grew 2.8%, highest level in four years, driven mainly by strong performance in Sweden, Norway and the Baltics, while Finland returned to modest growth amid customer wins and cost improvements.
The company maintained its full-year outlook
The company results come a day after Nordic peer Telenor cut its 2026 outlook following a weaker-than-expected second quarter, increasing investor focus on growth trends and profitability across the region's telecom sector
Telia's profitability has improved in recent quarters as savings from its 2024 restructuring programme helped lift margins and support earnings growth


($1 = 9.6661 Swedish crowns)

 (Reporting by Agnieszka Olenska; Editing by Matt Scuffham)
 ((Agnieszka.Olenska@thomsonreuters.com;))