Telia AB logo

TELIA - Telia AB News Story

SEK36 -0.4  -1.1%

Last Trade - 9:16am

Sector
Telecoms
Size
Large Cap
Market Cap £12.65bn
Enterprise Value £21.02bn
Revenue £7.53bn
Position in Universe 55th / 1835

BRIEF-Telia Q1 Adjusted EBITDA Falls To Sek 7.3 Million

Wed 22nd April, 2020 6:04am
April 22 (Reuters) - Telia Company AB  TELIA.ST :
    * TELIA COMPANY INTERIM REPORT JANUARY-MARCH 2020
    * OUTLOOK 2020 (UPDATED): OPERATIONAL FREE CASH FLOW IS
EXPECTED
TO BE BETWEEN SEK 9.5-10.5 BILLION
    * Q1 NET SALES ROSE 7.6 PERCENT TO SEK 22,427 MILLION
(20,836)
    * Q1 ADJUSTED EBITDA FELL 1.8 PERCENT TO SEK 7,277 MILLION
(7,413)
    * Q1 ADJUSTED OPERATING INCOME FELL 23.4 PERCENT TO SEK
2,668
MILLION (3,485)
    * REFINITIV POLL: TELIA Q1 NET SALES SEEN AT SEK 22.43
BILLION,
ADJUSTED. EBITDA SEEN AT SEK 7.51 BILLION
    * WAS IMPACTED BY COVID19 THROUGH LOWER REVENUES FROM PAY TV
DUE
TO LOWERED PRICES, BOTH IN SEGMENT TV AND MEDIA AND THE OTHER
SEGMENTS
    * NEGATIVE SERVICE REVENUE IMPACT IS ESTIMATED TO AROUND SEK
0.1
BILLION AND THE NEGATIVE IMPACT ON EBITDA AS WELL AS ON
OPERATING INCOME IS ALSO ESTIMATED TO AROUND SEK 0.1 BILLION FOR
THE FIRST QUARTER 2020
    * FOR THE FULL YEAR THE TV AND MEDIA SEGMENT IS EXPECTED TO
SHOW
AN EBITDA OF BETWEEN SEK 0 AND 0.5 BILLION
    * THERE HAS BEEN NO NEED FOR ANY SIGNIFICANT INCREASES IN
ALLOWANCES FOR BAD DEBTS IN THE FIRST QUARTER 2020

Source text for Eikon:  ID:nWkrc07XlR 
Further company coverage:  TELIA.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.