Earnings call: Telia Company stays on target in Q2 with solid growth By

Category: Finance

In Q2 2024, Telia Company reported a 1.5% revenue increase and a nearly SEK4 billion rise in net income, driven by strong performance in the Swedish consumer segment and a capital gain from the divestment of Telia Denmark. Despite a decline in equipment sales, the company confirmed its full-year outlook, anticipating improved EBITDA growth in Q4. Cost reductions and positive cash flow trends supported overall robust performance, although equipment sales faced challenges in Sweden and Finland.

Keywords: Telia Company, Q2 2024 Results, Financial Performance

Source: Investing.com

Update At: 7/24/2024

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