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General

Telia lifts FY outlook after higher Q3 EBITDA, unveils Common Products, Services unit amid slow Swedish turnaround

Friday 19 October 2018 | 09:39 CET | News
Telia Company has revised its forecast for full year adjusted EBITDA upwards after a 1.8 percent year-on-year rise in third quarter local currencies and a 6.4 percent increase in reported currency to SEK 6.98 billion. Adjusted EBITDA is growing in six out of seven countries, with Finland, Norway and its central units the main drivers. Telia said it is "not happy" with the pace of turnaround in Sweden and will move some platforms and staff to a new Common Products and Services unit.

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Categories: General
Companies: Bonnier / Telia
Countries: Scandinavia
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