Previous close | 38.23 |
Open | 38.25 |
Bid | 38.78 x 0 |
Ask | 38.80 x 0 |
Day's range | 38.25 - 38.88 |
52-week range | 33.61 - 41.70 |
Volume | |
Avg. volume | 9,739,284 |
Market cap | 156.717B |
Beta (5Y monthly) | 0.09 |
PE ratio (TTM) | 30.27 |
EPS (TTM) | 1.28 |
Earnings date | 21 Oct 2022 |
Forward dividend & yield | 2.10 (5.49%) |
Ex-dividend date | 26 Oct 2022 |
1y target est | 40.77 |
STOCKHOLM (Reuters) -Nordic telecom operator Telia reported on Wednesday quarterly core earnings that exceeded market expectations, helped by growth in its mobile business and a tight lid on costs. The company, which offers mobile connections, broadband and television services in Scandinavian countries and the Baltics, also repeated its 2022 forecast despite inflation boosting costs and it as spends heavily to roll out 5G. "We are proactively taking pricing where we can because we have to ensure in this inflationary environment that we are pricing our services accordingly so that we can continue to invest going forward," CEO Allison Kirkby said in an interview.
STOCKHOLM (Reuters) -Nordic telecom operator Telia reported quarterly core earnings ahead of market expectations on Wednesday as its plan to streamline operations led to lower costs, and the company backed its full-year outlook. The company also expects more demand for secure communications products as governments across the region raise defence budgets and public companies enhance security. "The government is a very important customer to us in all our markets... as they have more funding available, we would hope to be able to take advantage of that," Chief Executive Officer Allison Kirkby said in an interview.
STOCKHOLM (Reuters) -Nordic telecoms operator Telia gave an upbeat growth forecast on Friday as it reported better than expected quarterly core earnings, helped by growth in service revenue in markets such as Sweden and the Baltics. The company forecast service revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) to grow in a low single-digit percentages in 2022. Chief Executive Allison Kirkby said Telia is looking to continue the strategy laid out last year, aiming to return the company to sustainable and consistent growth.