TMCnet News
TeliaSonera Q3 Profit Declines, 2014 Outlook Unchanged(dpa-AFX International Compact Via Acquire Media NewsEdge) STOCKHOLM (dpa-AFX) - Swedish telecommunications firm TeliaSonera (0H6X.L, TLSNY.PK) Friday said third-quarter net income attributable to owners of the parent company decreased 12.2 percent to 4.073 billion Swedish kronor from 4.641 billion kronor. Earnings per share fell to 0.94 krona from 1.07 kronor. Net sales were 25.464 billion kronor, compared to 25.416 billion kronor last year. Net sales in local currencies, excluding acquisitions and disposals, decreased 2.0 percent from last year. Looking ahead, the company said its group outlook for 2014 is unchanged. Net sales in local currencies, excluding acquisitions and disposals, are expected to be slightly below the level in 2013. The EBITDA margin, excluding non-recurring items, is expected to be around the same level as in 2013 when it was 35 percent. Copyright RTT News/dpa-AFX |