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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Telia Company AB    TELIA   SE0000667925

TELIA COMPANY AB

(TELIA)
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Telia : second-quarter core profit tops forecasts

07/17/2020 | 01:54am EST

Swedish telecom company Telia reported quarterly core earnings well ahead of market forecasts on Friday as cost savings helped limit the negative business effects from the pandemic.

Swedish telecom company Telia reported quarterly core earnings well ahead of market forecasts on Friday as cost savings helped limit the negative business effects from the pandemic.

Telia said second-quarter adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) was 7.74 billion Swedish crowns (£678.52 million), up from 7.47 billion crowns a year earlier and well above the 7.09 billion mean analyst forecast in a Refinitiv poll.

"Our second quarter results were better than our expectations, as a result of proactively addressing our cost base, but still clearly impacted by the COVID-19 pandemic," CEO Allison Kirkby said in a statement.

(Reporting by Johannes Hellstrom; Editing by Shri Navaratnam)


© Reuters 2020
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Financials
Sales 2020 88 632 M 10 437 M 10 437 M
Net income 2020 -5 754 M -678 M -678 M
Net Debt 2020 86 766 M 10 217 M 10 217 M
P/E ratio 2020 -35,3x
Yield 2020 5,20%
Capitalization 151 B 17 728 M 17 731 M
EV / Sales 2020 2,68x
EV / Sales 2021 2,63x
Nbr of Employees 19 776
Free-Float 60,5%
Chart TELIA COMPANY AB
Duration : Period :
Telia Company AB Technical Analysis Chart | TELIA | SE0000667925 | MarketScreener
Technical analysis trends TELIA COMPANY AB
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 36,99 SEK
Last Close Price 36,82 SEK
Spread / Highest target 30,4%
Spread / Average Target 0,47%
Spread / Lowest Target -21,2%
EPS Revisions
Managers
NameTitle
Allison Kirkby President & Chief Executive Officer
Lars-Johan Jarnheimer Chairman
Rainer Deutschmann Group Chief Operating Officer & Senior VP
Per Christian Mørland Chief Financial Officer & Executive Vice President
Agneta Ahlström Director
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