Business Services Industry
Tele2 AB reports operating profit of SEK3.5bn for 2005
Nordic Business Report, Feb 17, 2006
NORDIC BUSINESS REPORT-17 February 2006-Tele2 AB reports operating profit of SEK3.5bn for 2005(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Sweden-based pan-European telecomms company Tele2 AB reported on Friday (17 February) an operating profit (EBIT) of SEK3.5bn on operating revenue of SEK49.9bn for the financial year January-December 2005.
Operating profit (EBIT) for the 12-month period decreased from SEK4.3bn while operating revenue increased from SEK43.0bn, as compared to 2004.
Earnings per share (EPS) in 2005 decreased to SEK5.29 from SEK7.73. The company's board of directors would propose a dividend of SEK1.75 per share for 2005.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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