Q1 adjusted EBITDA beat boosts Telia's shares

Telia AB

24/04/2026 10:12

** Shares in Swedish telecom Telia TELIA.ST are up about 3.7% after it posted Q1 print that was a beat on the core profit line

** It reported an adjusted EBITDA of SEK 7,942 million  ($857.10 million) for Q1 against the SEK 7,835 million estimated in a company-provided poll

** Adjusted EBITDA increased 4.0%, like-for-like, driven by service revenue growth across most markets and lower operational expenses, the company said

** "Telia reported a solid quarter with group revenues 0.1% below consensus and EBITDA 1.4% above; organic growth trends were stable vs Q4," J.P.Morgan says

** The shares are on track for their best day since October 2025, if gains hold

($1 = 9.2661 Swedish crowns)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))