Strong EBITDA Growth
The company achieved an EBITDA growth of 6.2% in Q2, slightly ahead of expectations. EBITDA margin expanded by 200 basis points.
Successful M&A Activity
Closed the TV and Media transaction, signed an MOU for exiting Latvia by 2026, and announced a public tender for Bredband2 shares to strengthen the consumer business in Sweden.
Innovation and Partnerships
Extended the NorthStar innovation program by partnering with the Swedish Armed Forces to advance secure communication and 5G applications.
Strong Performance in Sweden
Service revenue growth was robust in Sweden, with the best net mobile subscriber intake in over 5 years and consumer segment growth of 2.3%.
Improved Free Cash Flow and Leverage
Generated a free cash flow of SEK 2.3 billion, with improved leverage at 2.09x, supported by EBITDA growth and proceeds from divestments.