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Com Hem Holding AB (COMH.ST)

COMH.ST on Stockholm Stock Exchange

152.40SEK
19 Oct 2018
Change (% chg)

-2.20kr (-1.42%)
Prev Close
154.60kr
Open
154.60kr
Day's High
155.70kr
Day's Low
151.70kr
Volume
736,716
Avg. Vol
247,053
52-wk High
180.20kr
52-wk Low
122.80kr

Latest Key Developments (Source: Significant Developments)

Com Hem Q2 Underlying EBITDA In Line, Stands By 2018 Guidance
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Com Hem Holding AB ::Q2 REVENUE INCREASED BY 1.1% TO SEK 1,815M.Q2 UNDERLYING EBITDA INCREASED BY 3.8% TO SEK 758M.REUTERS POLL: COM HEM Q2 ADJUSTED EBITDA WAS SEEN AT SEK 759 MILLION, REVENUE AT 1.83 BILLION.Q2 OPERATING PROFIT (EBIT) OF SEK 214M DECREASED BY 3.6% COMPARED TO SEK 222M IN PREVIOUS YEAR DUE TO HIGHER ITEMS AFFECTING COMPARABILITY.SAYS A RE-AUDIT OF FINANCIAL STATEMENTS, TO BE INCLUDED IN SUBMISSION OF MERGER DOCUMENTATION WITH U.S. SECURITIES AND EXCHANGE COMMISSION AND SWEDISH FINANCIAL SUPERVISORY AUTHORITY, HAS BEEN COMPLETED.SAYS CERTAIN ADJUSTMENTS HAVE BEEN MADE TO PRIOR PERIODS IN 2017 AND 2018 WITH NO IMPACT ON REVENUE, OPERATING PROFIT (EBIT), CASH FLOW OR 2018 FULL YEAR GUIDANCE.SAYS TELE2 MERGER ON TRACK FOR CLOSING IN Q4 2018.SAYS REPEATS 2018 FINANCIAL GUIDANCE TO DELIVER MID-SINGLE DIGIT UNDERLYING EBITDA GROWTH.  Full Article

Com Hem Q1 core profit matches expectations
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Com Hem Holding AB ::Q1 REVENUE INCREASED BY 1.6% TO SEK 1,784M FOR GROUP, WITH COM HEM SEGMENT INCREASING BY 4.0% TO SEK 1,374M..Q1 UNDERLYING EBITDA INCREASED BY 3.6% TO SEK 738M FOR GROUP, WITH COM HEM SEGMENT INCREASING BY 5.2% TO SEK 661M.SAYS SINCE PRICE ADJUSTMENT WAS LARGER THAN PREVIOUS YEARS CORRESPONDING CHURN WAS ALSO HIGHER THAN USUAL IN QUARTER WITH AN INCREASE TO 14.8% FROM 13.6%.SAYS EBITDA DECLINED BY 0.7% TO SEK 702M DUE TO SEK 29M HIGHER ITEMS AFFECTING COMPARABILITY RELATED TO MERGER PROCESS WITH TELE2 AND REORGANISATION OF OUR PRODUCT, MARKETING AND COMMERCIAL DEPARTMENTS TO ALIGN ORGANISATION WITH FUTURE WAY OF WORKING IN A CONVERGED MARKET.SAYS WE EXPECT CHURN TO DECREASE INTO Q2 2018.REUTERS POLL: COM HEM Q1 ADJUSTED EBITDA WAS SEEN AT SEK 735 MILLION, REVENUE AT 1.80 BILLION.REPEATS WE AIM TO DELIVER MID-SINGLE DIGIT UNDERLYING EBITDA GROWTH FOR THE ENTIRE GROUP ANNUALLY.  Full Article

Com Hem Q4 underlying EBITDA just above forecasts​
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Com Hem Holding ::Q4 ‍REVENUE INCREASED BY 1.4% TO SEK 1,805 MLN FOR GROUP, WITH COM HEM SEGMENT INCREASING BY 4.2% TO SEK 1,389 MLN​.Q4 ‍UNDERLYING EBITDA INCREASED BY 3.8% TO SEK 722 MLN FOR GROUP, WITH COM HEM SEGMENT INCREASING BY 5.3% TO SEK 650 MLN​.SAYS ‍TODAY WE REITERATE OUR GUIDANCE FOR 2018 AND MID-TERM AS WE AIM TO DELIVER MID-SINGLE DIGIT UNDERLYING EBITDA GROWTH FOR ENTIRE GROUP ANNUALLY​.SAYS ‍WE EXPECT GROWTH TO BE SKEWED TOWARD COM HEM SEGMENT IN 2018 AS WE CONTINUE NECESSARY EFF ORTS TO EXECUTE ON TURNAROUND OF BOXER​.SAYS ‍WE EXPECT CAPEX FOR ENTIRE GROUP TO BE IN RANGE OF SEK 1.0-1.1 BLN ANNUALLY​.SAYS ‍WE AIM TO MAINTAIN OUR LEVERAGE WITHIN INTERVAL OF 3.5-4.0X UNDERLYING EBITDA LTM​.REUTERS POLL: COM HEM Q4 ADJUSTED EBITDA WAS SEEN AT SEK 717 MILLION, REVENUE AT 1.81 BILLION.  Full Article

Tele2 CEO says confident merger with Com Hem should be approved
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Tele2 TEL2.ST CEO Allison Kirkby to Reuters::TELE2 CEO SAYS CONFIDENT MERGER WITH COMHEM <<>> SHOULD BE APPROVED.  Full Article

Com Hem Q3 core profit b​eats expectations, eyes 50 pct higher 2018 dividend
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Com Hem Holding Ab ::Q3 ‍revenue saw a strong increase of 36.0% to sek 1,780 m while organic revenue excluding boxer rose by 3.6% to sek 1,357 m​.q3 ‍underlying EBITDA saw a strong increase of 18.8% to sek 762 m​.Says ‍board intends to propose a change to mix of shareholder remuneration by increasing cash dividend by 50 percent from SEK 4.00 per share to SEK 6.00 per share to be paid out semi-annually in march and September, 2018.Says ‍alongside cash dividend we intend to continue to do buybacks of some SEK 40m-50m per month in 2018.Says ‍we continue work to attain an MVNO (mobile virtual network operator) agreement.Reuters poll: Com Hem q3 adjusted ebitda was seen at SEK 746 million, revenue at 1.80 billion.Com hem holding ab says guidance for the group unchanged since q2 2017‍​.  Full Article

Tele2 shares jump as third-quarter profits beat expectations

STOCKHOLM, Oct 18 Swedish telecom operator Tele2 on Thursday raised its full-year profit forecast for the second consecutive quarter after producing third-quarter core earnings above analyst expectations, sending its shares higher.