Telia Lietuva Reports 21.3% Surge in Q2 Profit and 2% Revenue Growth

Reuters
18 Jul
Telia Lietuva Reports 21.3% Surge in <a href="https://laohu8.com/S/QTWO">Q2</a> Profit and 2% Revenue Growth

Telia Lietuva AB has announced its financial results for the first six months of 2025. The company's revenue increased by 1.3% to EUR 241.7 million compared to EUR 238.5 million during the same period in 2024. Adjusted EBITDA rose by 9.4% to EUR 97 million, while EBITDA experienced a 10.3% increase, amounting to EUR 96.3 million. The profit for the period saw a notable rise of 22.9%, reaching EUR 44.7 million. In the second quarter alone, revenue grew by 2% to EUR 121.9 million, and adjusted EBITDA climbed by 8.9% to EUR 48.7 million. Profit for this quarter went up by 21.3% to EUR 22.1 million. The company also reported an increase in free cash flow by 10.7%, amounting to EUR 57 million for the first half of the year. Capital investments for the first half of 2025 decreased by 18.8% to EUR 23.7 million, contrasting with an increase in the second quarter by 24.6% to EUR 14.2 million. Telia Lietuva paid out EUR 64.1 million in dividends for the year 2024, marking the highest dividend in the company's history at EUR 0.11 per share. The CEO of Telia Lietuva, Giedrė Kaminskaitė-Salters, highlighted the company's commitment to its strategic priorities, resulting in revenue growth across all service categories except fixed voice telephony. The decline in fixed telephony is attributed to the shrinking number of lines in service. Equipment sales saw a decrease in volumes by approximately 10% compared to 2024. The company marked its 25th anniversary of being listed on the Nasdaq Vilnius stock exchange in June.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Telia Lietuva AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001118437-en) on July 18, 2025, and is solely responsible for the information contained therein.

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