Semiannual Report January - June 2000
The Telia Group January-June 2000 * Net sales increased 3.4% for comparable units, to MSEK 26,037. * Operating income jumped 69%, to MSEK 3,870, including MSEK 1,975 in capital gains. * Underlying EBITDA declined as a result of price cuts and new ventures. * The customer base expanded vigorously in the Nordic countries - 533,000 new GSM customers were won in Sweden, Denmark, and Finland * Telia acquired the Norwegian mobile operator NetCom ASA - 750,000 new customers. * Demand was strong for broadband: The 120 general agreements signed cover a total of 557,000 households. * Internet grew apace, as Telia gained 80,000 new customers in Sweden. * Telia continued to extend its international fiber-optic network. * A new share issue raised MSEK 12,241 in new capital for Telia. Jan-Jun Jan-Jun Full Year MSEK 2000 1999 1999 Net sales 26,037 25,463 52,121 Sales growth (%) 2.3 6.8 5.1 1) EBITDA 7,566 6,009 13,598 one-off charges and pensions -1,517 904 1,184 share of earnings in associated 68 337 -723 companies Underlying EBITDA 6,117 7,250 14,059 Underlying EBITDA margin (%) 23.5 28.5 27.0 Operating income 3,870 2,291 5,946 Income after financial net 3,792 2,291 5,980 Net income 2,698 1,598 4,222 Earnings per share (SEK) 0.94 0.56 1.48 Return on equity (%) 13.7 14.2 14.2 2) Investments 20,686 5,112 12,145 of which shares and participa- 3,265 1,709 4,109 tions 1) Operating income before depreciation and amortization 2) Including NetCom ASA Information to the press Jan Åke Kark, President and CEO, +46 8 713-6220 Reinhold Geijer, Senior Executive Vice President and CFO, +46 8 713-6560 Tobias Lennér, Head of Investor Relations, +46 8 713-6649 Financial information Interim Report, January-Sep- Novem- tember 2000 ber 9 Annual Report Summary, Janu- Febru- ary-December 2000 ary 19 All financial reports are produced by Telia AB, Investor Relations. Submit any questions you may have on the content of these reports by mail to Te- lia AB, Investor Relations, SE-123 86 Farsta, Sweden, by phone to +46 8 713-1000, by fax to +46 8 933-801, or on-line at www.telia.com, Investor Relations. Reports can be ordered by phone to +46 8 713-7143, by fax to +46 8 604-5472, or through www.telia.com, Investor Relations, News Serv- ice. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/16/20000816BIT00120/bit0001.doc The full report http://www.bit.se/bitonline/2000/08/16/20000816BIT00120/bit0002.pdf The full report