Brief: Telia Sees 2024 Adj EBITDA To Grow By Mid-Single Digits

Telia AB

24/10/2024 06:20

Oct 24 (Reuters) - Telia Company AB  TELIA.ST :
    * CHANGE PROGRAM IS PROGRESSING AS PLANNED, AND WE ARE ON
TRACK TO
IMPLEMENT NEW ORGANIZATION BY DECEMBER 1
    * WE STILL BELIEVE THAT EBITDA GROWTH MOMENTUM WILL BE
STRONGER IN
Q4
    * OUTLOOK 2024: ADJUSTED EBITDA, LIKE FOR LIKE, IS ESTIMATED
TO
GROW BY MID-SINGLE DIGITS
    * OUTLOOK 2024: CAPEX, EXCLUDING FEES FOR LICENSES, SPECTRUM
AND
RIGHT OF USE ASSETS, IS ESTIMATED TO BE BELOW SEK 14 BILLION
    * KEEPS VIEW THAT EBITDA GROWTH WILL PICK UP AGAIN TO ABOVE
TREND
GROWTH RATE IN Q4
    * FOR SERVICE REVENUE, BELOW-TREND GROWTH IS EXPECTED TO
REMAIN IN
Q4, RELATED TO PRICING AND MACRO CYCLES
    * OUTLOOK 2025: SERVICE REVENUE GROWTH, LIKE FOR LIKE, OF
AROUND
2%
    * OUTLOOK 2025: ADJUSTED EBITDA GROWTH, LIKE FOR LIKE, OF AT
LEAST
5%
    * OUTLOOK 2025: CAPEX, EXCLUDING FEES FOR LICENSES, SPECTRUM
AND
RIGHT OF USE ASSETS BELOW SEK 14 BILLION
    * OUTLOOK 2025: FREE CASH FLOW OF AROUND SEK 8 BILLION

Source text for Eikon:  ID:nWkr7h3DRF 
Further company coverage:  TELIA.ST 

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