TeliaSonera forecasts organic sales up 4% in 2011

Thursday 3 February 2011 | 09:17 CET | News
TeliaSonera reported fourth-quarter sales down 2.8 percent from a year earlier, while EBITDA was littled changed at SEK 9.02 billion versus SEK 9.04 billion a year ago. Cost reductions helped the EBITDA margin improve to 33.7 percent from 32.8. On an organic basis, excluding currency effects and acquisitions, TeliaSonera reported sales up 4.2 percent and adjusted EBITDA 5.2 percent higher. Net profit rose 8.3 percent to SEK 5.31 billion, and earnings per share increased to SEK 1.18 from 1.09. Free cash flow decreased 57.7 percent to SEK 1.74 billion due to higher taxes and higher cash capex

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Categories: General
Companies: Telia / Yoigo
Countries: Asia / Europe
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