TeliaSonera Interim Report January–September 2013

Improved profitability and flat organic revenues

 

Third quarter summary

•  Net sales in local currencies, excluding acquisitions and disposals, were stable. In reported currency, net sales decreased 1.8 percent to SEK 25,381 million (25,842).

• The addressable cost base in local currencies, excluding acquisitions and dis-posals, decreased 3.9 percent. In reported currency, the addressable cost base decreased 5.4 percent to SEK 6,760 million (7,146).

• EBITDA, excluding non-recurring items, increased 3.8 percent in local currencies, excluding acquisitions and disposals. In reported currency, EBITDA, excluding non-recurring items, increased 1.5 percent to SEK 9,419 million (9,283). The EBITDA margin, excluding non-recurring items, increased to 37.1 percent (35.9).

• Operating income, excluding non-recurring items, increased 12.3 percent to SEK 7,721 million (6,878). Operating income increased 5.4 percent to SEK 7,130 million (6,762).

• Net income attributable to owners of the parent company increased 15.1 percent to SEK 4,641 million (4,032).

• Earnings per share increased to SEK 1.07 (0.93).

• Free cash flow was SEK 7,308 million (3,825), mainly explained by dividends from MegaFon net of taxes of SEK 1,940 million (0) and positive changes in working capital.

• Group outlook for 2013 is unchanged.

For more information, click the link below.

TeliaSonera Q3-2013

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