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General

Telia Sweden Q1 net sales drop 4.3%, like-for-like adjusted EBITDA falls 6%

Thursday 25 April 2019 | 09:43 CET | News
Telia Sweden reported a 4.3 percent fall in net sales in the first quarter of 2019 and a 6 percent drop in adjusted EBITDA on a like-for-like basis excluding the impact of IFRS 16, as legacy business continued to decline. It is still targeting a 3 percent drop in operational expenditure in 2019, and during Q1, some Swedish operations were moved to Common Products and Services to cut overlaps in product development and to create consistency in processes throughout Telia's footprint.

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Categories: General
Companies: Telia
Countries: Sweden
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