Q2 end-user service revenue up 4% organically (Il Sole 24 Ore Radiocor) - Stockholm, 17 Jul - The Swedish telecommunications group Tele2 said that in the second quarter of 2024 net profit from total operations rose to 1.0 billion crowns from 0.9 billion a year earlier, while earnings per share grew to 1.39 crowns from 1.28.

End-user service revenue totalled 5.5 billion crowns, up 4% organically due to a "solid performance in Sweden Consumer and the Baltics," it added.

Total revenue was up 1% to 7.3 billion crowns.

Underlying EBITDAaL totalled 2.6 billion crowns, up 3% organically.

Equity free cash flow reached 1.2 billion crowns. Over the last twelve months, 4.9 billion crowns has been generated, equivalent to 7.1 crowns per share, it added.

Tele2 said that its full-year guidance and mid-term outlook remain unchanged.

AAA-Web

(RADIOCOR) 17-07-24 13:12:57 (0355) 5 NNNN