Tele2 AB (OTCPK:TLTZY)

$ 4.91 -0.24 (-4.66%) Market Cap: 7.13 Bil Enterprise Value: 9.74 Bil PE Ratio: 21.22 PB Ratio: 3.85 GF Score: 76/100

Q2 2019 Tele2 AB Earnings Call Transcript

Jul 17, 2019 / 08:00AM GMT

Release Date Price: $7

Transcript

Anders Nilsson;publ;President;CEO

Tele2 AB

()-&

Good morning, everyone, and welcome to the Q2 Report Call for Tele2.

With me here on this end is Mikael Larsson, CFO; and Samuel Skott, EVP Sweden Consumer. Today, we will walk you through the results for the quarter, give you an update on our ongoing initiatives and then move over to Q&A so we can address the topics you are most interested in covering.

In the quarter, we closed the sale of our operations in Kazakhstan and announced the sale of Croatia. With these steps taken to optimize our geographical footprint, we can now focus on our core Baltic Sea region where we see future of sustainable revenue growth and cash flow generation. During the quarter, we have also improved the sustainability of our business by implementing a new anti-corruption policy and whistleblowing policy by continuing to generate positive results in diversity through our recruiting strategy and by reporting to the carbon disclosure project. We are proud that our efforts have been recognized by MSCI ESG

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