Telia AB logo

TELIA - Telia AB News Story

SEK36.55 0.7  1.9%

Last Trade - 12:30pm

Large Cap
Market Cap £12.47bn
Enterprise Value £20.84bn
Revenue £7.53bn
Position in Universe 55th / 1836

Telia Q2 core profit just above forecast

Thu 18th July, 2019 6:11am
STOCKHOLM, July 18 (Reuters) - Nordic telecom group Telia
Company  TELIA.ST  posted second-quarter core earnings just
above expectations on Thursday and repeated its forecast for
    Profit before interest, tax, depreciation and amortisation
(EBITDA) was 7.52 billion Swedish crowns ($803.5 million)
excluding non-recurring items, up from 6.44 billion a year ago,
and compared to a forecast of 7.48 billion in a Refinitiv poll.*:nL8N24I2SJ
    Excluding the positive impact from IFRS 16, adjusted EBITDA,
on a like-for-like basis regarding exchange rates, acquisitions
and disposals, fell 2 percent from a year ago.

($1 = 9.3592 Swedish crowns)

 (Reporting by Helena Soderpalm; editing by Johannes Hellstrom)
 ((; +46 8 700 10 15; Reuters
© 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.