Telia Company to give updated 2020 outlook as soon as possible due to increased uncertainty as COVID-19 impacts TV & Media unit - Board of Directors adjust 2019 dividend proposal
The COVID-19 pandemic will have a negative financial impact on Telia Company’s TV & Media unit. At present the effects on the rest of Telia Company’s business are limited but the impact on TV & Media means that the 2020 outlook* for the Group on EBITDA and operational free cash flow will not be reached. Telia Company will continue to assess all mitigating actions that have been identified and will aim to update the view on the situation and the year as soon as possible. The Board of Directors has decided to amend its dividend proposal to the Annual General Meeting to SEK 1.80 per share from