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Tele2 Q2 revenue drops 2%, underlying EBITDA rises 3% as Com Hem consolidation progresses
2019-07-17 10:10:00| Telecompaper Headlines
(Telecompaper) Tele2 has reported a 2 percent decline in second quarter group revenue to SEK 6.79 billion, with end-user service revenue falling by 1 percent to SEK 5.08 billion. Net profit was SEK 2.1 billion, boosted by the capital gain from the sale in Kazakhstan but dented by goodwill impairment in Estonia. In Sweden, the Com Hem integration is progressing, and it reached its FY run-rate synergy target after only six months.
Tags: hem
revenue
underlying
consolidation
Category:Telecommunications