Telia Company Results Presentation Deck
STRATEGY HIGHLIGHTS II
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S TRANSFORMING TO DIGITAL
Transformation program progressing to plan
Headcount reduction on track with 450 exited YTD
IT transformation
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Product and process simplification
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Supplier consolidation started, reducing first 29 to 4
strategic partners, worth SEK 750m over next 5 years
Near-shoring initiative progressing well
SEK 45m cost reduction in the quarter
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Extended partnership with ServiceNow
Increased use of common products
>75 legacy systems and >20 product lines
decommissioned
TV & Media digitalization
Digital ad revenues growing exponentially, +177%
d DELIVERING SUSTAINABLY
Financial target progression
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Responsibly driving market growth through multiple levers
Sustainability progress
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Service revenues and EBITDA growth
Roughly 75% of minimum dividend covered by H1
OFCF
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Stability in structural elements of FCF
Balance sheet strength from Carrier proceeds and
announced towers transaction
Selected as a European Climate Leader by Financial
Times
Launch of new pan-industry Eco Rating of mobile
phones
Awarded highest level (Golden) in Estonian
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