Tele2 AB (publ) (TLTZY) Q1 2026 Earnings Call April 22, 2026 3:00 AM EDT
Company Participants
Jean-Marc Harion – CEO, President & Director
Peter Landgren – Head of Financial Reporting & Operations, Executive VP and Group CFO
Nicholas Hogberg – EVP, Chief Commercial Officer & Deputy CEO Sweden
Stefan Trampus – Executive Vice President of Tele2 B2B
Conference Call Participants
Ondrej Cabejšek – UBS Investment Bank, Research Division
Fredrik Lithell – Handelsbanken Capital Markets AB, Research Division
Andreas Joelsson – DNB Carnegie, Research Division
Derek Laliberte – ABG Sundal Collier Holding ASA, Research Division
Felix Henriksson – Nordea Markets, Research Division
Keval Khiroya – Deutsche Bank AG, Research Division
Andrew Lee – Goldman Sachs Group, Inc., Research Division
Nicholas Lyall – Joh. Berenberg, Gossler & Co. KG, Research Division
Ajay Soni – JPMorgan Chase & Co, Research Division
Viktor Högberg – Danske Bank A/S, Research Division
Siyi He – Citigroup Inc., Research Division
Abhilash Mohapatra – BNP Paribas, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Tele2 Q1 Interim Report 2026 Webcast and Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your speaker today, Jean-Marc Harion, President and Group CEO. Please go ahead.
Jean-Marc Harion
CEO, President & Director
Thank you, and good morning, and welcome to Tele2’s report call for the first quarter of 2026. With me here in Stockholm, I have Peter Landgren, our Group CFO; Nicholas Hogberg, our Chief B2C Officer and Deputy CEO; and Stefan Trampus, our Chief B2B. Please turn to Slide 2 for some highlights from the first quarter.
In Q1, group end-user service revenue grew by 3%, whereas underlying EBITDA grew by 11%, marking the fourth consecutive quarter of double-digit growth. We also continue to generate strong equity free cash flow with SEK 2.2 billion in Q1, plus
