TeliaSonera Q1 results lower, still sees stable FY

Wednesday 23 April 2014 | 10:12 CET | News
TeliaSonera reported a small drop in first-quarter results, as growth in mobile data and fibre broadband was unable to offset the continued erosion in voice and SMS revenues. Sales fell 2.5 percent from a year earlier to SEK 23.97 billion and were down 1.8 percent excluding forex and acquisition and disposal effects. Adjusted EBITDA fell 1.9 percent to SEK 8.35 billion, while the margin improved slightly, to 34.8 percent from 34.6 a year ago. Net profit was 4.0 percent lower at SEK 3.95 billion, but free cash flow improved 5.9 percent to SEK 5.56 billion, thanks to lower capital

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Categories: General
Companies: Telia
Countries: Scandinavia
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