STOCKHOLM, Sweden, Feb. 8, 2002 (PRIMEZONE) -- Telia, year-end report, Corp. Reg. No. 556103-4249:
The Year in Brief
-- Consolidated net sales increased 6% to msek 57,196 (54,064) - Core
business +13%, comparable units + 8%
-- Underlying ebitda was msek 12,915 (13,087) - Core business +10 %
-- Income after financial items amounted to msek 4,808 (11,717)
-- Assets in Telia International Carrier written down by msek 3,027
in light of prevailing market conditions
-- Closing down of non-core operations completed
-- Sharp focus on development and rationalization of core operations
Review of Group Earnings
Oct-Dec Oct-Dec Full year Full year
msek 2001 2000 2001 2000
Net sales 14,970 14,540 57,196 54,064
Change in net sales (%) 3.0 -2.3 5.8 3.7
Underlying ebitda 3,133 3,790 12,915 13,087
Underlying ebitda margin (%) 20.9 26.1 22.6 24.2
Operating income 916 7,930 5,460 12,006
Income after financial items 906 7,658 4,808 11,717
Net income -572 7,408 1,869 10,278
Earnings per share (sek) -0.19 2.47 0.62 3.50
Investments 5,157 10,311 20,735 47,742
of which capex 4,849 7,185 17,713 16,580
of which acquisitions 308 3,126 3,022 31,162
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