Q3 revenues in local currencies were perfectly in line with expectations: they have declined by 1.2% yoy, exactly as in H1. Note the whole segment region of Eurasia is reported as discontinued operations, as in H1 (the group having announced in September 2015 an orderly retreat from all its operations in this region to refocus on Europe), but Spain (9% of revenues) was still in the accounts despite the announcement of its sale to Masmovil at the end of June. However, EBITDA has decreased by 1
21 Oct 2016
Telia refocus on the Nordics
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Telia refocus on the Nordics
Telia Company AB (TELIA1:HEL) | 0 0 0.9% | Mkt Cap: 163,504m
- Published:
21 Oct 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
Q3 revenues in local currencies were perfectly in line with expectations: they have declined by 1.2% yoy, exactly as in H1. Note the whole segment region of Eurasia is reported as discontinued operations, as in H1 (the group having announced in September 2015 an orderly retreat from all its operations in this region to refocus on Europe), but Spain (9% of revenues) was still in the accounts despite the announcement of its sale to Masmovil at the end of June. However, EBITDA has decreased by 1