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General

Tele2 raises dividend 9%, predicts 2021 EBITDA growth after Q4 service revenue drops 2%

Tuesday 2 February 2021 | 10:13 CET | News
Tele2 AB is proposing a 9 percent rise in its dividend to SEK 6.00 for 2020 after underlying EBITDAaLrose by 2 percent, beating guidance. The operator considers it weathered the Covid-19 challenges of 2020 well and predicts 2-4 percent growth in underlying EBITDAaL in 2021, but will make up for lack of end-user service revenue (EUSR) growth through cost-cutting. In the fourth quarter of 2020, EUSR dropped 2 percent.

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Categories: General
Companies: Com Hem / Comviq / Tele2 / Tele2 Estonia / Tele2 Latvia / Tele2 Lithuania / Tele2 Sweden
Countries: Europe / Sweden
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