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General

TeliaSonera revenues slow in Q4 on weak Eurasian markets

Thursday 29 January 2015 | 08:19 CET | News
TeliaSonera reported fourth-quarter organic sales down 2.2 percent, hurt by weak economic conditions in its markets in Eurasia. Reported revenues were up 0.2 percent from a year earlier to SEK 26.61 billion, helped by currency effects. Adjusted EBITDA was down 3.5 percent excluding currency effects and fell 1.4 percent on a reported basis to SEK 8.60 billion. The margin dropped to 32.3 percent from 32.9 a year ago. TeliaSonera still increased net profit, by 34.2 percent to SEK 2.94 billion in the quarter, despite SEK 2.2 billion in impairment charges on the Eurasian assets. Over the full

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Categories: General
Companies: Telia
Countries: Scandinavia
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