Business Services Industry

Tele2 AB reports 9-month operating profit of SEK3.18bn

Nordic Business Report, Oct 25, 2005

NORDIC BUSINESS REPORT-25 October 2005-Tele2 AB reports 9-month operating profit of SEK3.18bn(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

Sweden-based pan-European telecomms company Tele2 AB reported on Tuesday (25 August) an operating profit (EBIT) of SEK3.18bn on operating revenue of SEK36.0bn for the financial period January-September 2005.

Operating profit (EBIT) for the nine-month period decreased from SEK3.45bn while operating revenue increased from SEK31.8bn, as compared to the corresponding period in 2004.

Operating profit (EBIT) in the quarter July-September 2005 amounted to SEK1.25bn on operating revenue of SEK12.4bn.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

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COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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