Tele2 AB :Interim report January - March 2012
(Thomson Reuters ONE) -
Stockholm - Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) today
announced its consolidated results for the first quarter 2012.
CEO comment:
"The first quarter of 2012 was as challenging as expected; many of the
structural trends foreseen in our industry are now materializing. We embrace the
accelerating move from voice to data and migration from prepaid to postpaid. We
believe this is a natural evolution likely to improve the operational
performance of mobile operators over the medium term. More immediate and readily
evident in Q1 2012 are additional costs associated with the transition from
traditional voice to a more data centric emerging business model.
Still, the first quarter of 2012 has continued to show solid revenue growth in
our main markets. We concentrated our efforts on maintaining strong customer
momentum within our entire mobile arena. "
Financial highlights
Net sales amounted to SEK 10,481 (9,642) million corresponding to a growth
excluding exchange rate difference of 8 percent in the quarter. EBITDA in Q1
2012 amounted to SEK 2,571 (2,544) million, equivalent to an EBITDA margin of
25 (26) percent.
Good customer intake in market area Russia
In Q1 2012, Tele2 Russia added 304,000 (547,000) customers leading to a total
customer base of 20.9 (19.0) million. EBITDA amounted to SEK 1,063 (942)
million, equivalent to an EBITDA margin of 35 (36) percent.
Maintained mobile revenue growth in market area Nordic
Mobile revenue in Sweden grew by 4 percent, as customer demand for smartphones
and data services increased further during the quarter. This trend was enhanced
by an aggressive marketing campaign during the month of March. As a result of
increased marketing spend, the EBITDA margin was negatively affected. Tele2
Norway performed well during the quarter, with increased focus on moving traffic
on to its own network.
Significant operational progress in market area Central Europe &Eurasia
During the quarter, Tele2 Kazakhstan continued its successful launch of new
regions, resulting in a customer intake of 332,000 (-24,000). The total customer
base amounted to 1,703,000 (308,000). The Baltic countries drove further cost
cutting in the quarter, maintaining their firm EBITDA margin development.
Robust margin development in fixed broadband in market area Western Europe
Tele2 Netherlands maintained a stable EBITDA margin compared to same period last
year, despite tough market conditions in the consumer and business segments,
Tele2 Austria carried on the integration of Silver Server during the quarter.
The Interim report is available on reports.tele2.com/2012/Q1
Telephone conference
Tele2 will host a conference call, with an interactive presentation, for the
global financial community at 10.45 am CET (09.45 am UK time/04.45 am NY time)
on Thursday, April 19, 2012. The conference call will be held in English and
also made available as an audiocast on Tele2's dedicated Q1 2012 website,
reports.tele2.com/2012/Q1.
Dial-in information:
To ensure that you are connected to the conference call, please dial in a few
minutes before the start of the conference call to register your attendance.
Dial-in numbers:
Sweden: +46 8 505 598 53
UK: +44 203 043 24 36
US: +1 866 458 40 87
Contacts
Mats Granryd
President & CEO
Telephone: + 46 (0)8 5620 0060
Lars Nilsson
CFO
Telephone: +46 (0)8 5620 0060
Lars Torstensson
Group Director, Corporate Communication
Telephone: + 46 (0)8 5620 0042
Tele2 is one of Europe 's leading telecom OPERATORS, always providing the best
deal. We have 35 million customers in 11 countries. Tele2 offers mobile
services, fixed broadband and telephony, data network services, cable TV and
content services. Ever since Jan Stenbeck founded the company in 1993, it has
been a tough challenger to the former government monopolies and other
established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since
1996. In 2011, we had net sales of SEK 41 billion and reported an operating
profit (EBITDA) of SEK 11.2 billion.
Interim report January - March 2012:
http://hugin.info/133413/R/1603895/507300.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Tele2 AB via Thomson Reuters ONE
[HUG#1603895]
Datum: 19.04.2012 - 06:48 Uhr
Sprache: Deutsch
News-ID 136782
Anzahl Zeichen: 5190
contact information:
Town:
Stockholm
Kategorie:
Business News
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