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General

Telia improves FY EBITDA outlook after 10% growth in Q1

Wednesday 20 April 2016 | 08:37 CET | News

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Telia has improved its outlook for the full year, after a strong first quarter. Instead of targeting unchanged adjusted EBITDA this year, the operator now expects a flat to slightly higher result. The forecast excludes the impact of acquisitions and disposals, such as Ncell in Nepal or the proposed sale of Yoigo in Spain, as well as currency effects. For the first quarter, Telia reported EBITDA from continuing operations up 10.4 percent year-on-year, both on a reported and adjusted basis, to SEK 6.217 billion. Revenue fell 0.9 percent and was down 1.1 percent on an organic basis to SEK 20.394

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Categories: General
Companies: Ncell / Yoigo
Countries: World
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