STOCKHOLM, Sweden, Oct. 27, 2004 (PRIMEZONE) -- Effective January 1, 2004, TeliaSonera applies IFRS 3, which means that goodwill amortization (GWA) has been discontinued.
Nine-month period
-- Net sales increased 1 percent to SEK 61,184 million (60,718).
-- Operating income, excluding non-recurring items and GWA,
increased to SEK 15,783 million (14,634).
-- Net income increased to SEK 10,873 million (4,975) and
earnings per share climbed to SEK 2.33 (1.06). In the
comparative period, GWA was SEK 3,133 million.
-- Strong customer growth year on year:
-- 1 million new customers in the Nordic and Baltic operations.
-- 11 million new customers in Eurasia, Russia and Turkey.
Third quarter
-- Net sales increased 3 percent to SEK 20,649 million.
-- Operating income, excluding non-recurring items3) and GWA,
improved to SEK 5,898 million (5,190).
-- EBITDA4) margin improved to 39.8 percent (39.4).
-- The shareholding in Omnitel was increased to 100 percent.
Orange in Denmark was acquired at the beginning of October.
-- Approximately SEK 10 billion repurchase of shares through a
public offer to be proposed to the Annual General Meeting in
April 2005.
Questions regarding content in the reports: TeliaSonera AB Investor Relations SE--106 63 Stockholm, Sweden Tel. +46 8 504 550 00 Fax +46 8 611 46 42 www.teliasonera.com/ir
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