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General

Telenor Sweden Q4 results hit by VAT ruling, mobile users up

Thursday 2 February 2017 | 10:19 CET | News
Telenor Sweden said its fourth quarter results were hit by VAT items after a tax agency decision on VAT treatment in 2013-14. Total revenue dropped to NOK 3.08 billion from NOK 3.41 billion a year earlier and EBITDA before other items fell to NOK 614 million from NOK 954 million. Operating profit plummeted to NOK 48 million from NOK 546 million.

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Categories: General
Companies: Telenor / Telenor Sweden
Countries: Sweden
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