- Tele2’s third-quarter Ebitda was SEK 3.40 billion, which fell short of the estimated SEK 3.49 billion.
- Adjusted Ebitda after leases was reported at SEK 3.12 billion, slightly below the expected SEK 3.14 billion.
- Adjusted Ebitda was SEK 3.53 billion, just under the estimate of SEK 3.55 billion.
- Net sales were consistent with expectations, matching the estimate at SEK 7.44 billion.
- Analyst recommendations for Tele2 include 12 buys, 9 holds, and 4 sells.
Tele2 AB on Smartkarma
Analyst coverage of Tele2 AB on Smartkarma by Baptista Research reveals a positive outlook on the company’s strategic initiatives. The research report titled “Tele2 AB: Initiation of Coverage- Streamlined Operations & Strategic Modernization In An Attempt To Deliver A Competitive Edge?- Major Drivers” highlights Tele2’s ongoing transformation efforts. These efforts focus on simplification, cost control, and strategic investment, with a reduction of over 450 positions and renegotiation of major contracts indicating a commitment to operational efficiency. The report emphasizes cultural change within the company, particularly a heightened focus on cost consciousness, as a key driver of these initiatives.
A look at Tele2 AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tele2 AB, a telecommunications company operating in Europe and EuroAsia, boasts a promising long-term outlook according to Smartkarma Smart Scores. With top scores in Dividend and Momentum, earning a 5 out of 5 in both categories, Tele2 AB demonstrates its strong potential for consistent dividend payouts and positive market performance. Additionally, scoring a 3 in both Growth and Resilience, the company shows steady growth prospects and resilience in the face of challenges. However, with a Value score of 2, there may be room for improvement in terms of the company’s valuation relative to its peers.
Overall, Tele2 AB‘s Smartkarma Smart Scores present a mixed but generally favorable picture for investors considering the company for long-term investment. While the company excels in dividend sustainability and market momentum, there is potential for growth and resilience enhancements. Investors may find Tele2 AB to be an appealing choice based on its solid foundation in key areas while keeping an eye on opportunities for further value creation.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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