Interim Report January-December 2009
(Thomson Reuters ONE) - Stockholm - Tele2 AB, (Tele2), (NASDAQ OMX Stockholm: TEL2 A and TEL2 B) todayannounced its consolidated results for the fourth quarter 2009."Our company has never been in better financial shape.""When summarizing 2009 we can conclude that our strategy to focus on mobile ispaying off. As a matter of fact, our company has never been in better financialshape. It is of course the consequence of hard work and 2010 will be a year whenwe push our limits further, investing in both newly acquired licenses and nextgeneration mobile technology."Financial highlightsDuring Q4 2009, net sales amounted to SEK 9,889 (9,986) million, while EBITDAincreased by 1 percent to SEK 2,188 (2,162) million.The Board of Directors proposes a total dividend for 2009 amounting to SEK 5.85The Board of Tele2 AB has decided to recommend an increase in the ordinarydividend of 10 percent to SEK 3.85 (3.50) per share in respect of the financialyear 2009. The Board has also decided to recommend an extraordinary dividend ofSEK 2.00 (1.50) per share.Record high EBITDA contribution from market area RussiaIn Q4 2009, Tele2 Russia's EBITDA amounted to SEK 695 million, driven by strongdevelopment in the more mature regions. 1,149,000 new customers were added inthe quarter, continuing the success of the roll-out of new regions.Solid postpaid customer intake in market area NordicMarket area Nordic had a strong customer intake in the quarter, led by Tele2Sweden that added 51 000 (29,000) new postpaid customers including mobileinternet.Improved cashflow from market area Central EuropeThrough improved efficiency measures addressing operational and capitalexpenditures, Tele2's Baltic operations were able to improve their cash flowcontribution to the group despite the current economic climate.Strong operational contribution from market area Western EuropeThroughout 2009, the focus of market area Western European operations has beento manage their operations more effectively, focusing on business performancerather than market share. In Q4 2009, EBITDA amounted to SEK 584 (509) million,proving that the strategy is working.The Interim report is available on www.tele2.com.Interim result conference callTele2 will host a conference call, with an interactive presentation, for theglobal financial community at 10.00 am CET (09.00 am UK time/04.00 am NY time)on Tuesday, February 9, 2010. The conference call will be held in English andalso available as audiocast on Tele2's website, www.tele2.com.Dial-in information:To ensure that you are connected to the conference call, please dial in a fewminutes before the start of the conference call to register your attendance.Dial-in numbers:Sweden: +46 8 505 598 53UK: + 44 203 043 24 36US: + 1 866 458 40 87You will also be in a position to listen to the conference call afterwards:Replay number until February 22, 2010:Sweden: +46 8 506 269 49Passcode: 236670#ContactsHarri Koponen, President and CEOTelephone: +46 (0)8 5620 0060Lars Nilsson, CFOTelephone: +46 (0)8 5620 0060Lars Torstensson, Investor RelationsTelephone: + 46 (0)8 5620 0042Tele2 is one of Europe's leading telecom operators, always providing the bestdeal. We have 27 million customers in 10 countries. Tele2 offers mobileservices, fixed broadband and telephony, data network services, cable TV andcontent services. Ever since Jan Stenbeck founded the company in 1993, it hasbeen a tough challenger to the former government monopolies and otherestablished providers. Tele2 has been listed on the NASDAQ OMX Stockholm since1996. In 2009, we had net sales of SEK 39.3 billion and reported an operatingprofit (EBITDA) of SEK 9.2 billion.[HUG#1381881] Interim Report January?December 2009: http://hugin.info/133413/R/1381881/340931.pdf
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Datum: 09.02.2010 - 01:02 Uhr
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