On 2 June 2025, Giedrė Kaminskaitė-Salters, CEO of Telia Lietuva, made a presentation to investors at Nasdaq Baltic organized event CEO Meets Investors.
The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 3 months' period ended 31 March 2025.
Swedish telecom operator Telia reported a smaller-than-expected rise in fourth-quarter adjusted core earnings on Thursday, but confirmed its outlook for 2025.
The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 12 months' period ended 31 December 2024.
Giedrė Kaminskaitė-Salters, CEO of Telia Lietuva (hereinafter “Telia Lietuva” or “the Company”), has been appointed Vice President at Swedish telecommunications company Telia Company and will join the Group Executive Management team, effective 1 February 2025. In her expanded role, Giedrė Kaminskaitė-Salters will be responsible for Telia's Baltic markets while continuing to lead Telia Lietuva.
Telia has undergone significant turnaround efforts, showing strong fundamentals, improved EBITDA, and a promising pathway to achieve 10B SEK annual FCF by 2027. My large position in Telia, bought below 28 SEK/share, yields over 7% quarterly, reflecting its strong dividend and upside potential. Telia's valuation remains attractive, with a price target of 35 SEK/share, making it a "BUY" at current levels, especially below 25 SEK.
We hereby inform that Telia Lietuva AB financial results in 2025 will be released according to the following: Interim Financial Statements for 12 months of 2024 – January 30 Annual Audited Financial Statements for the year 2024 – April 3 Interim Financial Statements for 3 months of 2025 – April 24 Interim Financial Statements for 6 months of 2025 – July 18 Interim Financial Statements for 9 months of 2025 – October 23. Annual General Meeting of Shareholders is planned to be held on 28 April 2025.
The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying earnings for the third quarter.
The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 9 months' period ended 30 September 2024.
On 4 October 2024, the Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) elected Board member, Hannu-Matti Mäkinen, as a new member and Chair of the Audit Committee. Previous Chair of the Company's Audit Committee, Agneta Wallmark, has resigned from the Board and the Audit Committee as of 20 September 2024. Agneta's resignation is aligned with her forthcoming retirement and departure from Telia Company AB.
Swedish telecom operator Telia said on Wednesday it was looking to cut around 3,000 jobs, part of a plan to cut annual costs by 2.6 billion Swedish crowns ($252.65 million).
Swedish telecommunications company Telia Company, AB, the largest shareholder of Telia Lietuva, AB (hereinafter ‘Telia Lietuva' or ‘the Company'), holding 88.15 per cent of the Company's shares, announces a change program that is set to simplify its operations in the Nordic and Baltic countries. The more decentralised and streamlined organisation will focus on local customers' needs, while the Group intends to reduce its number of personnel by 3,000 during the full year of 2024.