Telia Company AB (publ) (TELIA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome everyone to Thulea Company's Q1 2025 results presentation. I'll now hand it over to Thulea Company's Head of Investor Relations, Erik Strandenberg. Please go ahead, the floor is yours. Thank you and good morning and welcome everyone to our Q1 call. We have President and CEO Patrik Hofbauer and Group CFO Erik Hagerman here and they will take us through the quarter and then we'll go straight to Q&A. Patrik, please go ahead. Thank you Erik and good morning everyone. I would like to start as usual with some overall reflections about the quarter. We have had the first full quarter with our new organization and I'm happy to see that we could follow our commercial plans despite all recent changes and with a financial outcome close to our own expectations. We have also completed a major milestone in our strategic plan as we found the right buyer for our TV and media business and agreed to sell it to Shipstead Media. This will enable an even greater focus on our core business going forward and it will make us a more predictable telecom group. There is also plenty to report about sustainability this quarter and I want to highlight especially our climate transition plan published in March which has out our climate roadmap describing how we can achieve net zero by 2040. Our full year outlook is unchanged since the financial results in the first quarter were largely as we expected and if you go to the next page I will comment on them in some more details. Service revenue growth in the Q1 was close to 2% in line with our full year outlook as well as our mid-term ambitions. It improved a little from last quarter helped by Sweden in particular which grew 2% but also by the Baltic markets. Fixed service again grew a little faster than mobile. EBITDA growth was close to 7% thi...