A very solid Q1 for Tele2 with revenues up by 3% yoy lfl (they grew by 22% in reported terms with the integration of the B2B service provider TDC Sweden and Altel in Kazakhstan) and an impressive EBITDA of SEK1.72bn, up by 28% yoy on a lfl basis (and by 41% in reported terms). Note, however, that despite these good numbers the 2017 financial guidance is unchanged. EBITDA should stand between SEK5.9bn and SEK6.2bn (vs SEK6.15bn in our model before a possible slight upgrade following this relea
24 Apr 2017
An impressive Q1 EBITDA but...
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An impressive Q1 EBITDA but...
Tele2 AB Class B (NCYD:FRA) | 0 0 2.1% | Mkt Cap: 48,603m
- Published:
24 Apr 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
A very solid Q1 for Tele2 with revenues up by 3% yoy lfl (they grew by 22% in reported terms with the integration of the B2B service provider TDC Sweden and Altel in Kazakhstan) and an impressive EBITDA of SEK1.72bn, up by 28% yoy on a lfl basis (and by 41% in reported terms). Note, however, that despite these good numbers the 2017 financial guidance is unchanged. EBITDA should stand between SEK5.9bn and SEK6.2bn (vs SEK6.15bn in our model before a possible slight upgrade following this relea