Telia Company AB

TELIA: XSTO (SWE)
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Telia Earnings: Performance on Track; Divestment of TV Division Brings Better EBITDA Visibility

Telia’s group revenue came in slightly above company-compiled consensus. Service revenue grew 1.8% organically year on year, while adjusted EBITDA increased 6.7%, outgrowing revenue thanks to broad-based cost reductions.

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