TEO1L Q1 2010 Analyst Update and Comment, Target Price 04/22/10
- COMPANY DID WELL IN Q1 2010;
- SUPPORT FROM EU;
- TEO INCREASED SPEED OF INTERNET ACCESS SERVICES;
- CHEAP PRICES WILL HAVE NEGATIVE INFLUENCE IN MID-TERM FINANCIAL RESULTS;
- BBA INVESTMENT RATING;
10 pages
This report provides analyst comment on company’s latest events and performance. Report contains target price, forecast on business risk (short-, mid-, and long-term) and growth possibilities (long-term) of the company, providing reader with necessary information to make decisions. Key reasons to read this report:
- Report contains only relevant information, leaving out excessive data.
- Understand company’s opportunities, competitive situation and business risk.
- Understand which events influence company performance.
- Understand which events influence the situation of industry.
- Independent analyst comment and opinion.
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Contents:
- THE SHARE PRICE REMAINS STABLE; - COMPANY DID WELL IN Q1 2010;
- SUPPORT FROM EU;
- TEO INCREASED SPEED OF INTERNET ACCESS SERVICES;
- CHEAP PRICES WILL HAVE NEGATIVE INFLUENCE IN MID-TERM FINANCIAL RESULTS;
- BBA INVESTMENT RATING;
10 pages
This report provides analyst comment on company’s latest events and performance. Report contains target price, forecast on business risk (short-, mid-, and long-term) and growth possibilities (long-term) of the company, providing reader with necessary information to make decisions. Key reasons to read this report:
- Report contains only relevant information, leaving out excessive data.
- Understand company’s opportunities, competitive situation and business risk.
- Understand which events influence company performance.
- Understand which events influence the situation of industry.
- Independent analyst comment and opinion.
This report will become available for purchase after you register and log in
Price for this Report: €70 / $100
Price for 30-days Unlimited Report Access (subscription includes all our reports): €30 / $50
Price for 30-days Unlimited Report Access for Enterprises (full access for all users at Your Company):
starting from €350 / $500. For Enterprise Access, please contact us.
TEO LT, AB – one of the longest operating and most successful companies in Lithuania known to nearly everybody in this country. Having started its operations as a state enterprise in 1992 under the name Lietuvos Telekomas, the Company in 1998 was privatised by then consortium of Swedish Telia AB and Finnish Sonera Oy, Amber Teleholding A/S. The consortium acquired 60 per cent of the Companys shares. Within a few years after its privatisation, the Company managed to evolve from an old monopoly state enterprise to one of the most modern telecommunications companies in Eastern and Western Europe focusing on the customer and firmly leading on different telecommunications service markets of Lithuania. Today TEO holds leader positions on Internet, data communication and fixed-line telephony markets. Current capabilities of the Company allow to offer customers state-of-the-art technologies that are not in any way worse than those offered by the world’s most advanced telecommunications market players.
Thanks to new technologies and efficient business management solutions, for the past several years the number of the Company’s Internet users has been doubling every year. Through its subsidiary UAB Lintel, the Company owns the biggest, in terms of business volumes, and the most modern, in terms of technologies and management, call management center in Lithuania. The total consolidated TEO Groups revenue for the nine months of 2008 was LTL 613 million (EUR 178 million), an increase by 5.3 per cent over the total revenue of LTL 582 million (EUR 169 million) for the nine months of 2007. EBITDA for the nine months of 2008 went up by 2 per cent to LTL 271 million (EUR 78 million) over LTL 265 million (EUR 77 million) for the nine months of 2007. EBITDA margin stood at 44.2 per cent. Profit before income tax for the nine months of 2008 was up by 2.4 per cent and amounted to LTL 151 million (EUR 44 million) (LTL 148 million (EUR 43 million) a year ago). Profit for the period amounted to LTL 129 million (EUR 37 million), an increase by 5.7 per cent over LTL 123 million (EUR 35 million) a year ago.
Latest Financial Results
Latest News
BBA: TEO LT Shows Good q-o-q Dynamic
The total revenue for the second quarter of 2010 was 195 million LTL, an increase by 1.6% over the total revenue of 192 million LTL for the first quarter of 2010
The total revenue for the second quarter of 2010 was 195 million LTL, an increase by 1.6% over the total revenue of 192 million LTL for the first quarter of 2010
BBA: TEO LT (TEO1L) Did Well In Q1 2010
The total consolidated revenue of TEO LT during the first quarter of 2010 amounted to 192 million LTL
The total consolidated revenue of TEO LT during the first quarter of 2010 amounted to 192 million LTL
Teo LT`s Net Profit Was Up 5.7% In 2009
In 2009, Company’s revenue was 816 million LTL, a 1.3% decline compared to the revenue in 2008 (826 million LTL).
In 2009, Company’s revenue was 816 million LTL, a 1.3% decline compared to the revenue in 2008 (826 million LTL).
THE END OF PUBLIC TEO LT?
On 23 August 2009 TEO LT, AB received announcement on the intention of TeliaSonera AB to launch the voluntary takeover bid.
On 23 August 2009 TEO LT, AB received announcement on the intention of TeliaSonera AB to launch the voluntary takeover bid.
TEO: Election of the Chairman of the Board and members of the Committees of the Board
On 11 June 2009, the Board of TEO LT, AB (hereinafter ‘the Company or ‘TEO)decided:
On 11 June 2009, the Board of TEO LT, AB (hereinafter ‘the Company or ‘TEO)decided:
