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    TEL2 B   SE0005190238

TELE2 AB

(TEL2 B)
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Tele2 AB Reports Earnings Results for the Second Quarter Ended June 30, 2021

07/14/2021 | 04:38am EDT

Tele2 AB (publ) announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SEK 6,572 million compared to SEK 6,546 million a year ago. Operating income was SEK 1,062 million compared to SEK 1,132 million a year ago. Net income was SEK 1,367 million compared to SEK 895 million a year ago. For the half year, sales was SEK 13,122 million compared to SEK 13,126 million a year ago. Operating income was SEK 2,264 million compared to SEK 2,279 million a year ago. Net income was SEK 2,232 million compared to SEK 2,075 million a year ago.


© S&P Capital IQ 2021
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Analyst Recommendations on TELE2 AB
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Financials
Sales 2021 26 739 M 3 080 M 3 080 M
Net income 2021 3 994 M 460 M 460 M
Net Debt 2021 29 873 M 3 441 M 3 441 M
P/E ratio 2021 22,6x
Yield 2021 6,38%
Capitalization 88 426 M 10 183 M 10 187 M
EV / Sales 2021 4,42x
EV / Sales 2022 4,37x
Nbr of Employees 4 528
Free-Float 71,6%
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 128,35 SEK
Average target price 141,32 SEK
Spread / Average Target 10,1%
EPS Revisions
Managers and Directors
Kjell Morten Johnsen President & Chief Executive Officer
Peter Landgren Chief Financial Officer
Carla M. S. Smits-Nusteling Chairman
Kim Hagberg Chief Operating Officer & Executive Vice President
Cynthia Alison Gordon Independent Non-Executive Director
Sector and Competitors
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