Q3 revenues in local currencies, excluding acquisitions and disposals, decreased by 0.5% yoy (exactly like in Q2 but they had increased by 3% yoy in Q1), while the EBITDA declined by only 0.4% in local currencies, excluding acquisitions and disposals (a much better number than the 3.3% decline recorded in Q1). In reported currency, sales fell by 8.8% yoy: the effect of exchange rate fluctuations was nil, while the effect of acquisitions and disposals (Yoïgo in Spain) was a negative 8.5%.
19 Oct 2017
Q3: a restructuring in Sweden that is beginning to bear fruit
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Q3: a restructuring in Sweden that is beginning to bear fruit
Telia Company AB (TELIA1:HEL) | 0 0 0.9% | Mkt Cap: 163,504m
- Published:
19 Oct 2017 -
Author:
Jean-Michel Salvador -
Pages:
3
Q3 revenues in local currencies, excluding acquisitions and disposals, decreased by 0.5% yoy (exactly like in Q2 but they had increased by 3% yoy in Q1), while the EBITDA declined by only 0.4% in local currencies, excluding acquisitions and disposals (a much better number than the 3.3% decline recorded in Q1). In reported currency, sales fell by 8.8% yoy: the effect of exchange rate fluctuations was nil, while the effect of acquisitions and disposals (Yoïgo in Spain) was a negative 8.5%.