Tele 2's profit in line with expectations

» Published: July 17 2024

Tele 2's profit in line with expectations
Photo: Janerik Henriksson/TT

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The mobile operator Tele 2 reports a profit before tax of 1.2 billion kronor for the second quarter of the year. This can be compared to the profit of 1.1 billion kronor for the corresponding period last year.

The adjusted operating profit landed at 3 billion, in line with expectations among analysts, according to a compilation of forecasts made by Bloomberg.

Net sales increased by 1 percent to 7.2 billion, which was slightly lower than the average forecast of 7.3 billion among analysts.

Tele 2 confirms its forecasts for the full year 2024 and the medium-term outlook in the report.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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