About Q1

 

Interim Report January-March 2010

In Q1 2010 Tele2’s net sales amounted to SEK 9,535 million and EBITDA amounted to SEK 2,358 million.

	Q1
SEK million	2010	2009	%
Net Sales	9,535	9,828	-3
EBITDA	2,358	2,244	5
EBIT excluding one-off items	1,549	1,351	15
EBIT	1,546	1,347	15
Net Profit/Loss	1,249	474	164
Earnings per share, after dilution (SEK)	2.86	1.50	91
The figures presented in this report correspond to Q1 2010 and continued operations unless otherwise stated. The figures shown in parentheses correspond to the comparable periods in 2009.

 

Highlights

• Highest ever EBITDA contribution from market area Russia
  In Q1 2010, Tele2 Russia added 949,000 (220,000) customers. During the quarter EBITDA amounted to SEK 719 (538) million, with better than expected contribution from both new regions and mature regions

• Continued revenue growth in market area Nordic
  Mobile revenue in market area Nordic grew by 3 percent, led by Tele2 Sweden’s push into the postpaid segment

• Stable cashflow contribution from market area Central Europe & Eurasia
  Through tight control of operational and capital expenditures, market area Central Europe & Eurasia was able to tackle a poor economic climate and maintain cashflow contribution to the group

• Further success in the corporate segment for market area Western Europe
  The market area Western Europe was once again successful in extending existing accounts and in acquiring new accounts in Q1 2010. As a result EBITDA increased to SEK 611 (594) million in the quarter