Q1 sales in local currencies and at constant perimeter have decreased by 1.1% yoy while EBITDA increased by 10.4% yoy. Although the sales decrease is a little bit disappointing (we were expecting a 1% increase), the EBITDA growth is quite a bit better than expected (even if part of the improvement is due to higher fibre installation revenues). Remember the Eurasia region is now reported as discontinued operations, the group having announced in September 2015 an orderly retreat from all its op
20 Apr 2016
Accelerating the fibre roll-out in Sweden
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Accelerating the fibre roll-out in Sweden
Telia Company AB (TELIA1:HEL) | 0 0 0.9% | Mkt Cap: 163,504m
- Published:
20 Apr 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
Q1 sales in local currencies and at constant perimeter have decreased by 1.1% yoy while EBITDA increased by 10.4% yoy. Although the sales decrease is a little bit disappointing (we were expecting a 1% increase), the EBITDA growth is quite a bit better than expected (even if part of the improvement is due to higher fibre installation revenues). Remember the Eurasia region is now reported as discontinued operations, the group having announced in September 2015 an orderly retreat from all its op