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Telia does not reach the expectations

Analysts had on average expected a profit of 2.925 million, according to Reuters compilation.

underlying earnings (adjusted ebitda) rose at a comparable level of 5.8 percent.

to start in 2019 was weak, just as previously announced.

”This is also seen in the development in the first quarter, but we see no reason to change our view that a weaker resultattrend during the first half of 2019 will be followed by a stronger second half of the year,” writes ceo Johan Dennelind in the report.

the Turnover of the operator totaled 20.847 million, compared with 19.852 million a year earlier. But on a comparable basis income decreased by three percent. The operating expenses rose at the same time by one per cent during the quarter. The goal to reduce by two per cent on an annual basis remains, however, according to the interim report.

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