Telia Company Results Presentation Deck
GROUP HIGHLIGHTS
N
• Results in line with expectations despite increased
pandemic restrictions
• Loss of roaming impacts service revenue (~SEK 250m)
and EBITDA (~SEK 150m)
• Telco services remain resilient and TV & Media recovery
continues
• OPEX reduction of 3%
• EBITDA returned to growth, excl. currency fluctuations
• Cash CAPEX stable in the quarter
• OFCF growth driven by positive working capital impact
●
• Leverage well within targeted range
●
Change vs 2020 is on a like for like basis, excl. currency fluctuations
** Cash CAPEX excludes licenses and spectrum fees
*** Assumes Telia Carrier transaction was already closed March 31, 2021 (and compared to Dec 31, 2020)
*
SEK billion
Service revenues*
OPEX change*
Adjusted EBITDA*
Cash CAPEX**
OFCF
Net debt to EBITDA***
Q1
2021
18.7
-0.4
7.2
2.8
4.0
2.29x
Change
vs Q1
2020
-2.3%
-3.0%
+2.2%
-0.1
+0.7
-0.03xView entire presentation