IN Q3 TELE2 GENERATED RECORD CASHFLOW FROM OPERATING ACTIVITIES OF MSEK 1,706, WHILE REPORTING LARGEST EVER CUSTOMER NET INTAKE OF 1,637,000 - Tele2

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Oct 21, 2003 6:00 AM CET

IN Q3 TELE2 GENERATED RECORD CASHFLOW FROM OPERATING ACTIVITIES OF MSEK 1,706, WHILE REPORTING LARGEST EVER CUSTOMER NET INTAKE OF 1,637,000

New York and Stockholm - Tuesday, October 21, 2003 - Tele2 AB ("Tele2", "the Group") (Nasdaq Stock Market: TLTOA and TLTOB and Stockholmsbörsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced its consolidated results for the third quarter ended September 30, 2003.
  • Operating revenue for the first nine months 2003 increased by 21% to MSEK 27,255 (MSEK 22,554*)
  • Profit after tax for the first nine months 2003 increased to MSEK 854 (MSEK -374*)
  • Earnings (loss) per share after tax and after dilution for the first nine months 2003 increased to SEK 5.78 (SEK -2.53*)
  • Revenue for Q3 increased by 22% to MSEK 9,414 (MSEK 7,695)
  • EBITDA for Q3 rose 15% to MSEK 1,635 (MSEK 1,422)
  • Number of customers rose by 1,637,000 to 20.4 million in Q3
  • Cash flow from operating activities up 37% to MSEK 1,706 in Q3
  • Launch of Tele2 service offering in the UK


 
CONTACTS
 
 
Lars-Johan Jarnheimer
 
Telephone: + 46 8 562 640 00
 
President and CEO, Tele2 AB
 
 
Håkan Zadler
 
Telephone: + 46 8 562 640 00
 
CFO, Tele2 AB
 
 
 
Dwayne Taylor
 
Telephone: + 44 20 7321 5038
 
Investor enquiries
 
 
 
Tele2 AB - company registration number: 556410-8917
Skeppsbron 18
P.O. Box 2094
SE-103 13 Stockholm
Sweden
Tel+ 46 8 562 000 60
 
Visit us at our homepage: http://www.Tele2.com
 
*excl. MSEK 237 Telia court settlement (note 1).
The figures shown in parenthesis correspond to the comparable periods in 2002 and all negative amounts are distinguished with a minus sign.

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