Latest news with #Tele2AB
Business Insider
19-07-2025
- Business
- Business Insider
Kepler Capital Remains a Hold on Tele2 AB (0QE6)
Kepler Capital analyst Kristoffer Carleskar maintained a Hold rating on Tele2 AB on July 17 and set a price target of SEK150.00. The company's shares closed last Thursday at SEK147.01. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Carleskar is a 2-star analyst with an average return of 2.4% and a 76.92% success rate. Carleskar covers the Communication Services sector, focusing on stocks such as Tele2 AB, Telenor, and Viaplay. The word on The Street in general, suggests a Hold analyst consensus rating for Tele2 AB with a SEK141.17 average price target, which is a -3.97% downside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a SEK140.00 price target. The company has a one-year high of SEK149.40 and a one-year low of SEK103.10. Currently, Tele2 AB has an average volume of 2.06M.
Yahoo
18-07-2025
- Business
- Yahoo
Tele2 AB (TLTZF) Q2 2025 Earnings Call Highlights: Strong EBITDAaL Growth Amid Market Challenges
End User Service Revenue Growth: 2% in Q2, driven by strong growth in the Baltics and Sweden. Underlying EBITDAaL Growth: 15% in Q2, attributed to workforce reductions and cost savings. Equity Free Cash Flow: SEK 1.6 billion in Q2, following SEK 2 billion in Q1. CapEx-to-Sales Ratio: Increased from 11.5% in Q1 to 12.4% in Q2. Leverage: Remained unchanged at 2.2 times despite dividend payments. Sweden Business Revenue Growth: 4% in Q2, with growth across all main product lines. Baltics End User Service Revenue Growth: 7% in Q2, with a 20% growth in underlying EBITDAaL. Mobile Postpaid Net Additions: 10,000 RGUs in Q2. Fixed Broadband ASPU Growth: 2% due to price adjustments. Total Revenue Growth: 1% organically in Q2. Net Financial Items: Decreased year-on-year due to reduced interest rates. Economic Net Debt: SEK 24.7 billion at the end of Q2, reduced by SEK 1.5 billion compared to end of 2024. 2025 Guidance Update: Raised underlying EBITDAaL growth to slightly above 10% organic growth. Warning! GuruFocus has detected 4 Warning Signs with TGSGY. Release Date: July 17, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Tele2 AB (TLTZF) achieved a 15% growth in underlying EBITDAaL in Q2 2025, driven by workforce reductions and cost savings. The company reported a strong equity free cash flow of SEK1.6 billion in Q2, following SEK2 billion in Q1. Tele2 AB (TLTZF) raised its full-year EBITDAaL guidance to slightly above 10% organic growth. The company launched a new flexible TV and streaming portfolio in Sweden, which was well-received by customers. Tele2 AB (TLTZF) was named Europe's climate leader by Financial Times and Sweden's most sustainable company for the second year in a row. Negative Points End-user service revenue in Sweden was flat in Q2, impacted by the decommissioning of Boxer TV. The company anticipates Boxer revenue to be roughly SEK225 million below 2024, with a negative impact on EBITDAaL. Fixed broadband in Sweden saw a decline of 1,000 RGUs in Q2 due to aggressive competition in open fiber networks. The Swedish market faces macroeconomic headwinds and weak consumer confidence, which could impact future growth. Tele2 AB (TLTZF) expects around SEK500 million in restructuring costs for 2025 related to ongoing transformation efforts. Q & A Highlights Q: Can you provide more color on the underlying Swedish service revenue growth, excluding the impacts of Boxer and IFRS adjustments? A: Jean-Marc Harion, CEO, explained that the underlying Swedish service revenue growth is around 2.5% to 3% when stripping out the Boxer and IFRS impacts. Peter Landgren, CFO, added that the Boxer impact is roughly 2 percentage points, and the IFRS impact will lessen later in the year. Q: How much of the cost-cutting success is due to accelerating existing plans versus finding new efficiencies? A: Jean-Marc Harion, CEO, stated that the cost-cutting is primarily due to accelerating existing plans, particularly workforce reductions. They have reduced the workforce by 500 positions and are now focusing on specific areas for further efficiency improvements. Q: Can you update us on the progress of renegotiating the 350 contracts and the potential impact on costs? A: Jean-Marc Harion, CEO, mentioned that they have reopened almost half of the largest 350 contracts, focusing on the lowest hanging fruits. The renegotiations will continue to have a positive impact on costs over the next 12 to 18 months. Q: With strong EBITDAaL growth in H1, why is the full-year guidance only slightly above 10%? A: Peter Landgren, CFO, explained that while they are confident in the benefits from transformation activities, they remain cautious due to macroeconomic headwinds and potential reinvestments needed for growth, such as 5G rollout and marketing. Q: What are the plans for rejuvenating the top line, especially in the Swedish Consumer business? A: Jean-Marc Harion, CEO, and Petras Masiulis, CEO of Baltics, highlighted initiatives like the relaunch of the Frank brand, new flexible TV and streaming portfolios, and investments in 5G. They aim to reduce dependency on third-party channels and enhance direct customer interactions. Q: How is the B2B segment performing, and what drives its growth? A: Stefan Trampus, EVP of Tele2 B2B, noted that B2B has seen 16 consecutive quarters of growth, driven by mobile IoT, cloud PBX, and networking solutions. Growth is strong in the SME and public sectors, despite challenges in the micro segment due to economic conditions. Q: Can you comment on the impact of Swedish broadband regulation on Tele2? A: Jean-Marc Harion, CEO, stated that while regulation is moving in the right direction, it is not fast enough. They advocate for open access to single dwelling units at fair wholesale prices and are concerned about increasing access fees by landlord associations. Q: What is the outlook for IoT growth in the B2B segment? A: Stefan Trampus, EVP of Tele2 B2B, explained that IoT growth is expected to continue, supported by a strong market position and increasing connectivity. The growth rate may moderate as the base expands, but they remain optimistic about future prospects. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Business Insider
05-07-2025
- Business
- Business Insider
Tele2 AB (0QE6) Receives a Hold from Kepler Capital
In a report released on July 3, Kristoffer Carleskar from Kepler Capital maintained a Hold rating on Tele2 AB, with a price target of SEK150.00. The company's shares closed last Thursday at SEK138.75. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Carleskar covers the Communication Services sector, focusing on stocks such as Tele2 AB, Telia Company AB, and Telenor. According to TipRanks, Carleskar has an average return of 3.5% and a 75.00% success rate on recommended stocks. Currently, the analyst consensus on Tele2 AB is a Hold with an average price target of SEK139.50, which is a 0.54% upside from current levels. In a report released on July 2, Deutsche Bank also maintained a Hold rating on the stock with a SEK122.00 price target.
Business Insider
25-05-2025
- Business
- Business Insider
Kepler Capital downgrades Tele2 AB (0QE6) to a Hold
Kepler Capital analyst Kristoffer Carleskar downgraded Tele2 AB (0QE6 – Research Report) to a Hold on May 23 and set a price target of SEK150.00. The company's shares closed last Friday at SEK143.12. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Carleskar is ranked #6513 out of 9536 analysts. Tele2 AB has an analyst consensus of Moderate Buy, with a price target consensus of SEK140.33. Based on Tele2 AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK7.15 billion and a net profit of SEK875 million. In comparison, last year the company earned a revenue of SEK7.15 billion and had a net profit of SEK833 million
Business Insider
26-04-2025
- Business
- Business Insider
Tele2 AB (0QE6) Gets a Buy from J.P. Morgan
J.P. Morgan analyst Ajay Soni maintained a Buy rating on Tele2 AB (0QE6 – Research Report) on April 24 and set a price target of SEK160.00. The company's shares closed yesterday at SEK138.12. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Soni is a 4-star analyst with an average return of 10.8% and an 83.33% success rate. In addition to J.P. Morgan, Tele2 AB also received a Buy from Kepler Capital 's Kristoffer Carleskar in a report issued on April 23. However, on April 24, Morgan Stanley maintained a Hold rating on Tele2 AB (LSE: 0QE6).
