Earnings miss dents Telia shares

Telia AB (publ)

30/01/2025 08:25

** Shares in Telia  TELIA.ST  fall 4% after the Swedish
mobile operator delivered weaker-than-expected quarterly
earnings 
    ** The group posted Q4 adjusted EBITDA of SEK 7.87 billion
($715.19 million), missing the SEK 7.92 billion estimate seen in
a company-provided consensus
    ** J.P.Morgan notes that revenues and EBITDA missed
expectations particularly in core Nordic regions 
    ** There were negative net subscriber additions in key
markets such as Sweden, Finland, and Norway, the brokerage adds 
    ** Telia stock is on track for its worst day since April
2024
    


($1 = 11.0041 Swedish crowns)

 (Reporting by Agnieszka Olenska)
 ((Agnieszka.Olenska@thomsonreuters.com;))