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General

TeliaSonera maintains FY outlook for higher organic revenue

Wednesday 19 October 2011 | 09:00 CET | News
TeliaSonera reported third-quarter revenues down 1.0 percent to SEK 26.61 billion, while adjusted EBITDA rose 0.5 percent to SEK 9.80 billion, thanks to lower costs. The EBITDA margin improved half a percentage point to 36.8 percent. Excluding currency and acquisition effects, the operator's sales rose 2.4 percent from a year earlier and EBITDA was up 4.0 percent, driven by its mobile and Eurasia operations. TeliaSonera said it still expects full-year organic sales to grow around 3 percent, while costs will increase more slowly. In the first nine months of the year, organic sales rose 2.7

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