TeliaSonera January-September 2004
TeliaSonera January-September 2004 Effective January 1, 2004, TeliaSonera applies IFRS 3, which means that goodwill amortization (GWA) has been discontinued. Nine-month period · Net sales increased 1 percent to SEK 61,184 million (60,718). · Operating income, excluding non-recurring items and GWA, increased to SEK 15,783 million (14,634). · Net income increased to SEK 10,873 million (4,975) and earnings per share climbed to SEK 2.33 (1.06). In the comparative period, GWA was SEK 3,133 million. · Strong customer growth year on year: - 1 million new customers in the Nordic and Baltic operations. - 11 million new customers in Eurasia, Russia and Turkey. Third quarter · Net sales increased 3 percent to SEK 20,649 million. · Operating income, excluding non-recurring items3) and GWA, improved to SEK 5,898 million (5,190). · EBITDA4) margin improved to 39.8 percent (39.4). · The shareholding in Omnitel was increased to 100 percent. Orange in Denmark was acquired at the beginning of October. · Approximately SEK 10 billion repurchase of shares through a public offer to be proposed to the Annual General Meeting in April 2005. Questions regarding content in the reports: TeliaSonera AB Investor Relations SE-106 63 Stockholm, Sweden Tel. +46 8 504 550 00 Fax +46 8 611 46 42 www.teliasonera.com/ir ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/27/20041027BIT20040/wkr0001.pdf The full report