Latest news with #TLSNF
Business Insider
25-05-2025
- Business
- Business Insider
Kepler Capital Sticks to Its Hold Rating for Telia Company AB (TLSNF)
Kepler Capital analyst Kristoffer Carleskar maintained a Hold rating on Telia Company AB (TLSNF – Research Report) on May 23 and set a price target of SEK38.00. The company's shares closed last Wednesday at $3.59. Confident Investing Starts Here: According to TipRanks, Carleskar is a 2-star analyst with an average return of -1.1% and a 63.64% success rate. Telia Company AB has an analyst consensus of Hold, with a price target consensus of $3.71. TLSNF market cap is currently $14.99B and has a P/E ratio of 23.26. Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TLSNF in relation to earlier this year.
Yahoo
31-01-2025
- Business
- Yahoo
Telia Company AB (TLSNF) Q4 2024 Earnings Call Highlights: Strong EBITDA Growth and Strategic ...
Service Revenue Growth: 1.5% in Q4; 1.8% for the full year. EBITDA Growth: 5.8% in Q4; 4.3% for the full year. CapEx: SEK13.5 billion for the full year, below the SEK14 billion guidance. Structural Cash Flow: SEK7.5 billion for the full year. Dividend Proposal: Unchanged at SEK2 per share for 2024. Sweden Service Revenue Growth: 0.5% in Q4. Finland Mobile Revenue Growth: 1.2% in Q4. Norway Mobile Revenue Growth: 1.3% in Q4. Lithuania Service Revenue Growth: 6.6% in Q4. Estonia EBITDA Growth: 7% in Q4. TV and Media EBITDA Increase: SEK220 million in Q4. Free Cash Flow: SEK4 billion for the full year. Net Debt Leverage: 2.28 times at the end of Q4. Warning! GuruFocus has detected 9 Warning Signs with TLSNF. Release Date: January 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Telia Company AB (TLSNF) successfully implemented a new operating model on December 1, realizing financial benefits of at least SEK2.6 billion. The company delivered on all 2024 outlook metrics, with service revenue growth at 1.8% and EBITDA growth at 4.3%. Fixed growth accelerated to 1.8% due to strong TV momentum in Sweden and positive trends in Business Solutions. TV and Media segment increased EBITDA by around SEK220 million due to lower content costs. The Board proposed an unchanged dividend of SEK2 per share for 2024, indicating stability in shareholder returns. Service revenue growth in Q4 was below midterm ambitions, coming in at 1.5%, partly due to timing of price changes in Nordic markets. Mobile revenues in Sweden were negative this quarter, impacting overall growth. Norway faced a tough cost comparison, leading to a decline in EBITDA by 3.6%. The company experienced a negative contribution to cash flow of SEK3.1 billion due to downsizing the vendor financing program. Linear TV advertising revenues faced structural headwinds, though partially offset by digital advertising growth. Q: Should we expect an acceleration in your service revenue growth in the first quarter of 2025 for Sweden, Norway, and Finland? What is driving that service revenue growth reacceleration? When will your Nordic telcos start delivering to their structural service revenue growth potential of 2%-plus? A: We expect service revenues to be around 2% for 2025, with a bit below in the first half and a bit above in the second half. Factors contributing to this include the absence of regulatory headwinds in Norway and Finland, decreased legacy pressure, and pricing initiatives starting in Q1. Additionally, mission-critical revenue in Sweden is expected to gradually increase from 2025 to 2027. Q: Can you discuss the changes to management in Finland and Norway and what improvements are expected? Also, what are the options for your TV and Media unit, and how are you thinking about timing for potential changes? A: In Norway, we have appointed Bjrn Ivar, who has extensive telco experience, to lead the unit. He will start by January 1 next year. For TV and Media, we are focusing on turning the company around and targeting an EBITDA of below SEK1 billion in 2025. While we don't need to own TV and Media assets, TV content remains important for our value proposition in Sweden. Q: What is the impact of the change program on your overall business, especially considering the reduction of 15% of employees? A: The change program aimed to make Telia simpler, faster, and more efficient. We completed it on time with limited operational impact. The program has gone better than expected, with employees understanding the changes. We expect to see the full run rate of the SEK2.6 billion cost reduction in 2025. Q: How do you see advertising revenues playing out in 2025 for TV and Media, given the structural headwinds for linear TV? A: We anticipate continued negative development for linear TV advertising in 2025. However, we are mitigating this by shifting focus to streaming revenues, both in terms of ad spending and subscriber growth. The total ad market is up, and we are compensating for linear declines with streaming growth. Q: Can you provide details on the pricing adjustments in Sweden and Norway and their impact on the subscriber base? A: We have implemented price increases in most of our markets, with a milder impact than expected. These adjustments have been made recently in Sweden, Norway, and Estonia, and will continue in other countries. We are closely monitoring the effects on our subscriber base. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
