TeliaSonera AB reports operating profit of SEK25.5bn for 2006

Nordic Business Report, Feb 13, 2007

NORDIC BUSINESS REPORT-13 February 2007-TeliaSonera AB reports operating profit of SEK25.5bn for 2006(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish-Finnish telecomms operator TeliaSonera AB reported on Tuesday (13 February) an operating profit of SEK25.5bn on net sales of SEK91.1bn for the financial year 2006.

Both operating profit and net sales for the 12-month period increased, respectively from SEK17.5bn and SEK87.7bn, as compared to 2005.

Operating profit for the fourth quarter of 2006 amounted to SEK6.19bn on net sales of SEK23.2bn.

Earnings per share (EPS) for the fourth quarter amounted to SEK0.90, while the full-year EPS increased to SEK3.78 from SEK2.56 in 2005.

The board of directors has proposed a dividend of SEK6.30 per share for 2006.

TeliaSonera has 28,175 employees and reported net sales of SEK91.1bn in 2006. The company is listed on the Nordic Exchange in Stockholm and Helsinki.

One British pound (GBP) is worth approximately 13.38 Swedish kronor (SEK).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))