photo: Magnus Hjalmarsson Neideman
sales amounted to 20.394 billion crowns.
analysts had expected a profit before tax for the first quarter of this year of 3.3 billion for the first quarter of this year. Sales were expected to amount to 20.9 billion.
The underlying profit, according to the measure of EBITDA before non-recurring items, amounted to 6.217 billion kronor, compared to 5.632 billion kronor a year ago. This low expectations of the average of 5.988 billion crowns.
Compared to last year’s deterioration, the first quarter of 2015 had a turnover of Telia 26 billion, and profit before tax was 2.433 billion crowns.
MDJohan He Lind is satisfied, but flagging that it will not look as good in the future as competition intensifies.
“We raise, however, our expectations slightly for the full year and estimate that the EBITDA on a comparable basis will be at the same level or slightly higher than in 2015 in continuing operations, “the latter Lind.
the company has just changed renamed, Telia Telia Sonera Company. It is a mark of Telia Company now left the infected markets in the East.
“We continue to shape our company for the future with a clear focus on its core operations in the Nordic and Baltic countries. In four of the seven markets are now Telia brand and through new deals with free roaming we can highlight our position and strengthen customer loyalty. To underline our common purpose, culture and values, we also changed the name of our group Telia Company. “Writes He Lind.
The Swedish market is profitable, he writes.” our Swedish business was a major contributor to the higher profitability, helped by a better sales mix and lower costs. “
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