Telia Company Interim Report January-June 2018

ANOTHER STRONG QUARTER Second quarter summary · Net sales in local currencies, excluding acquisitions and disposals increased 1.3 percent. In reported currency, net sales rose 5.2 percent to SEK 20,814 million (19,785). Service revenues in local currencies, excluding acquisitions and disposals, fell 2.3 percent. · Adjusted EBITDA rose 3.9 percent in local currencies, excluding acquisitions and disposals. In reported currency, adjusted EBITDA rose 6.9 percent to SEK 6,443 million (6,027). The adjusted EBITDA margin increased to 31.0 percent (30.5). · Adjusted operating income