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Tele2 raises FY EBITDA target after growth accelerates in Q2

2017-07-19 08:25:00| Telecompaper Headlines

(Telecompaper) Tele2 has raised its guidance for EBITDA this year, driven by improving results in its growth markets the Netherlands and Kazakhstan and success with its challenger programme in Sweden and the Baltic markets. The company now expects annual EBITDA of SEK 6.26.5 billion compared to previous guidance of SEK 5.96.2 billion, while the capex budget was trimmed to SEK 3.63.9 billion from SEK 3.84.1 billion.

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