Telia’s Q3 revenues grew by 2.7% yoy and lfl, broadly in line with expectations, however sharply higher energy prices impacted the EBITDA which eventually grew by only 1% yoy and lfl.
The question of the day is therefore the dividend. Telia has a floor of SEK2 per share and an ambition for low to mid-single digit percentage growth. It is increasingly likely that the dividend for 2022 won’t increase to SEK2.05 as previously expected and will remain at SEK2.
21 Oct 2022
A lost year
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A lost year
- Published:
21 Oct 2022 -
Author:
Jean-Michel Salvador -
Pages:
3
Telia’s Q3 revenues grew by 2.7% yoy and lfl, broadly in line with expectations, however sharply higher energy prices impacted the EBITDA which eventually grew by only 1% yoy and lfl.
The question of the day is therefore the dividend. Telia has a floor of SEK2 per share and an ambition for low to mid-single digit percentage growth. It is increasingly likely that the dividend for 2022 won’t increase to SEK2.05 as previously expected and will remain at SEK2.