Tele2 Ab Class AOMXSTO: TEL2_A

Tele2: Transformation plan targets profitability with 15% workforce cut and stable revenue growth

· Issued by Tele2 Ab Class A

Q4 and full-year 2024 results met guidance, with stable Sweden and strong Baltic growth. A major transformation is underway, including a 15% workforce reduction and cost optimization, aiming for improved profitability and mid to high single-digit EBITDA growth in 2025.

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