Telia Company reported its fourth quarter (Q4) 2025 results with revenue of SEK 21.3 billion, showing a 1.6 percent increase. Service revenue rose 2.1 percent, while adjusted EBITDA grew 3.7 percent to SEK 3.7 billion. EBITDA was impacted by a SEK 3.7 billion non-cash provision increase related to asset retirement obligations in Sweden and Finland. Operating income for Q4 was SEK -0.5 billion. Net income for the quarter was SEK -1.1 billion, with earnings per share at SEK -0.33. Capital expenditure (CAPEX), excluding spectrum and leases, reached SEK 4.2 billion. Free cash flow increased to SEK 2.4 billion, and cash flow from operating activities was SEK 7.5 billion. Leverage remained at 1.93 times. A dividend of SEK 0.50 per share was paid during the quarter. For the full year (FY) 2025, revenue totaled SEK 81.0 billion, up 1.8 percent. The Board of Directors proposes a dividend of SEK 2.05 per share for 2025. The company’s outlook for 2026 includes service revenue growth of around 2 percent, adjusted EBITDA growth of around 3 percent, CAPEX excluding spectrum and leases below SEK 13 billion, and free cash flow around SEK 9 billion.

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