Telia Company records 5.5% net sales increase in Q3 2018

19 Oct 2018

Sweden-based Telia Company has announced its Q3 2018 results, in which the firm reports a 5.5% increase in net sales from SEK19.61 billion (USD2.18 billion) in the three months ended 30 September 2017 to SEK20.69 billion one year later. The group also reported strong adjusted EBITDA performance, reaching SEK6.98 billion in Q3 2018, up 6.4% from SEK6.56 billion in the year-ago quarter. Total net income amounted to SEK3.03 billion in the third quarter of 2018, a rise of 17.1% on SEK2.59 billion one year previously.

In terms of subscriber numbers, across its operations Telia Company reported a drop from 23.4 million customers to 23.1 million in the year to end-September 2018.

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