(Reuters) – Swedish telecom operator Telia reported a smaller-than-expected rise in fourth-quarter adjusted core earnings on Thursday, but confirmed its outlook for 2025.
Adjusted operating profit before depreciation and amortisation rose to 7.87 billion crowns ($715.74 million) from 7.49 billion crowns a year earlier. Analysts on average had forecast a profit of 7.92 billion crowns, according to a poll provided by Telia.
The company proposed a dividend of 2 crowns per share on its 2024 results.
In October, it had said it expected low- to mid-single digit percentage growth in its dividends, from a floor of 2 crowns per share it paid on its 2023 results.
($1 = 10.9956 Swedish crowns)
(Reporting by Alessandro Parodi in Gdansk, editing by Subhranshu Sahu and Terje Solsvik)
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