TeliaSonera operating income decreased 12.6 percentStaff writer ▼ | April 21, 2015
TeliaSonera published its interim report for January – March 2015. Net sales in local currencies, excluding acquisitions and disposals, increased 1.5 percent.
TeliaSonera Free cash flow increased to SEK 2,853 million
EBITDA, excluding non-recurring items decreased 4.3 percent in local currencies, excluding acquisitions and disposals. In reported currency, EBITDA, excluding non-recurring items, increased 2.3 percent to SEK 8,540 million (8,345). The EBITDA margin, excluding non-recurring items, decreased to 32.8 percent (34.9).
Operating income, excluding non-recurring items, decreased 12.6 percent to SEK 5,496 million (6,286).
Net income attributable to owners of the parent company decreased 5.9 percent to SEK 3,714 million (3,945) and earnings per share to SEK 0.86 (0.91).
Free cash flow increased to SEK 2,853 million (2,556) despite higher cash CAPEX, supported by lower taxes and working capital changes. ■