Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Increased profit for Tele 2

» Updated: Today, 07:19

» Published: Today, 07:03

Increased profit for Tele 2
Photo: Janerik Henriksson/TT

The mobile operator Tele 2 sees a positive growth trend for the coming quarters. In connection with the interim report for the third quarter being presented, outgoing CEO Kjell Johnsen notes that both Swedish companies and households see the light at the end of the tunnel.

"Although we see bankruptcies and cutbacks in the public and private sectors, we expect a positive growth trend during the coming quarters, also helped by the previously mentioned good order intake in Swedish corporate business," writes Johnsen.

Tele 2 is simultaneously reiterating its guidance for 2024 and "financial prospects in the medium term" are unchanged according to the company.

This is happening at the same time as the adjusted operating profit for the third quarter (profit of 2.82 billion kronor) came in slightly below market expectations according to Bloomberg's compilation. The net sales, 7.4 billion kronor, also failed to quite reach expectations.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Property Giants See the Light
2 MIN READ

Property Giants See the Light

Boost for Home Sales at JM
1 MIN READ

Boost for Home Sales at JM

Boliden crushes expectations
1 MIN READ

Boliden crushes expectations

New Billion-Dollar Order for Skanska in the USA
1 MIN READ

New Billion-Dollar Order for Skanska in the USA

Viaplay turned to narrow profit
1 MIN READ

Viaplay turned to narrow profit

Saab's order intake increases by 41 percent
1 MIN READ

Saab's order intake increases by 41 percent

It points weakly upwards ahead of the stock market opening
2 MIN READ

It points weakly upwards ahead of the stock market opening

Record-high payouts from the unemployment insurance fund
1 MIN READ

Record-high payouts from the unemployment insurance fund

New gloomy figure for the car industry
1 MIN READ

New gloomy figure for the car industry

Digital alternatives sink for the hotel industry
1 MIN READ

Digital alternatives sink for the hotel industry

More unpaid debts – "Winter will be tough"
1 MIN READ

More unpaid debts – "Winter will be tough"

Vegetables are the most expensive - "it's about thousands"
4 MIN READ

Vegetables are the most expensive - "it's about thousands"

Mixed picture on Asia's leading stock exchanges
1 MIN READ

Mixed picture on Asia's leading stock exchanges

Mixed on Wall Street – Nvidia sets new record
1 MIN READ

Mixed on Wall Street – Nvidia sets new record

Scania owner: Unexpectedly strong quarter
1 MIN READ

Scania owner: Unexpectedly strong quarter

EU demands: Exception for affordable housing
1 MIN READ

EU demands: Exception for affordable housing

Disruptions at SEB resolved
1 MIN READ

Disruptions at SEB resolved

New CEO for Disney – in two years
1 MIN READ

New CEO for Disney – in two years

Billion-dollar support to SSAB for green steel
1 MIN READ

Billion-dollar support to SSAB for green steel

Sandvik CEO sees no quick turnaround
2 MIN READ

Sandvik CEO sees no quick turnaround