Telia Company AB (publ) (TELIA) Earnings Call Transcripts
Telia Company AB (publ)'s Latest Earnings Call - Q1 FY2026
In Q1 2026, Telia Company AB reported service revenue growth of 2.1% and EBITDA growth of 4%, indicating a solid start to the fiscal year. The company successfully executed on its cost discipline strategy, achieving a 2% reduction in operational expenses and a 40% EBITDA margin. Management maintained their full-year guidance for service revenue growth at around 2% and EBITDA growth at 3%, signaling confidence in their operational improvements despite ongoing challenges in certain markets.
Reported metrics
| Metric | Value |
|---|---|
| Service Revenue | $2.1B (beat) |
| EBITDA | $1.04B (beat) |
| EBITDA Margin | 40% (positive) |
| Free Cash Flow | $1.9B (beat) |
| CapEx | $12.6B (positive) |
| Net Debt | $4.6B (neutral) |
Guidance from management
Management maintained full-year guidance for service revenue growth at around 2% and EBITDA growth at 3%, indicating confidence in operational improvements despite market challenges.
What management said
Thank you, and welcome, everyone, to the call this morning. We have in the room here, President and CEO, Patrik Hofbauer; and Group CFO, Eric Hageman. And I leave the word to you, Patrik. Please go ahead.
Thank you, Eric. Like I said in the beginning, the past year was a year of significant change and strategic progress for Telia, and I'm glad that we start in line with our plan also now in the first quarter. This confirms that we remain on track to build a simpler, faster and more efficient Telia. Our customers continue to be increasingly more satisfied, and our services are more relevant than ever before in an incre...
What analysts pressed on
Analysts expressed concerns regarding the competitive landscape in Finland and the potential lag in revenue growth from recent price increases. There were also questions about the sustainability of EBITDA growth given the tough comparisons from the previous year.
Main topics on the call
- Cost Efficiency Improvements — Telia achieved a 2% reduction in operational expenses driven by a 5% reduction in headcount. CEO Patrik Hofbauer noted, "this will continue going forward as well. It will not stop," indicating ongoing efforts to enhance ...
- Bredband2 Acquisition Synergies — The acquisition of Bredband2 is expected to enhance Telia's market position with limited customer overlap. Management reported an EBITDA contribution of SEK 45 million from Bredband2 in Q1, with plans to cross-sell mobil...
- Service Revenue Growth — Service revenue growth of 2.1% was supported by strong performance in Sweden and Lithuania, with Sweden alone seeing a 4% increase in consumer revenue. CFO Eric Hageman stated, "we are on track to delivering on our guida...
- Challenges in Finland and Norway — While Finland showed improvement, it still faces challenges with customer retention and pricing. In Norway, service revenue growth was nearly flat, impacted by a decline in postpaid customers due to pricing changes. Hofb...
Read the full Telia Company AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Telia Company AB (publ)
Telia Company AB (publ) (TELIA) is a publicly listed company in the Diversified Telecommunication Services industry, within the Communication Services sector. It trades on OM and is based in SE. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 28 calls on record spanning January 29, 2020 to July 17, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 28 Telia Company AB (publ) earnings call transcripts on record, spanning January 29, 2020 to July 17, 2026. Based on this history, Telia Company AB (publ) reports quarterly. The most recent call on file is dated July 17, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- TELIA
- Exchange
- OM
- Country
- SE
- Sector
- Communication Services
- Calls on record
- 28
- First call
- January 29, 2020
- Most recent
- July 17, 2026
- Reporting cadence
- quarterly