Brief: Telenor Q2 Adj EBITDA At NOK 7.99 Bln
BRIEF-Telenor Q2 Adj EBITDA At NOK 7.99 Bln July 16 (Reuters) - Telenor ASA TEL.OL:
Q2 ADJUSTED EBITDA NOK 7.99 BILLION
QUARTER WAS AFFECTED BY SEVERAL SHORT-TERM FACTORS
Q2 SERVICE REVENUES NOK 14.68 BILLION
NORDIC MARKETS REMAIN CHALLENGING, WITH SIGNS OF IMPROVEMENT
WE ARE SEEING INCREASING DEMAND FOR TRUSTED CONNECTIVITY AND MISSION-CRITICAL COMMUNICATION SERVICES ACROSS BOTH PUBLIC AND PRIVATE SECTORS
OUTLOOK 2026: FLAT TO LOW-SINGLE-DIGIT ORGANIC GROWTH IN NORDIC SERVICE REVENUES (CHANGED FROM LOW-SINGLE-DIGIT)
OUTLOOK 2026: FLAT TO LOW-SINGLE-DIGIT ORGANIC GROWTH IN ADJUSTED EBITDA IN NORDICS (CHANGED FROM LOW-TO-MID-SINGLE-SINGLE-DIGIT)
OUTLOOK 2026: FLAT TO SLIGHTLY NEGATIVE ORGANIC GROWTH IN ADJUSTED EBITDA FOR GROUP (CHANGED FROM FLAT-TO-LOW-SINGLE-DIGIT)
OUTLOOK 2026: FREE CASH FLOW BEFORE M&A EXCLUDING DIVIDENDS FROM ASSOCIATED COMPANIES AND INCREMENTAL SPECTRUM OF AROUND NOK 10 BILLION (CHANGED FROM NOK 10-11 BILLION)
EXPECT TO SEE IMPROVEMENTS FROM OUR TRANSFORMATION PROGRAMMES TO BECOME GRADUALLY VISIBLE IN OUR NUMBERS TOWARDS THE END OF THE YEAR
LONG TERM AMBITIONS REMAIN UNCHANGED
SIMPLIFIED ORGANISATIONAL STRUCTURE WILL YIELD ANNUAL COST SAVINGS OF SOME NOK 375M FROM 2027
Source text: ID:nObiRTWqLa
Further company coverage: TEL.OL
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