Tele2 B, SE0005190238

Tele2 B stock trades at SEK 168.50 ahead of October 20 results

Published on 09/28/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tele2 B stock reflects Q2 end-user service revenue growth of 2 percent reported July 16, 2026. The October 20 report date sets the next checkpoint.

Fotorealistischer Mobilfunkmast in schwedischer Abendlandschaft nahe Stockholm — Fotorealistische Aufnahme eines Mobilfunkmasten symbolisiert Tele2 AB, ISIN SE0005190238, im nordischen Abendlicht bei Stockholm, Illustration mit AI erstellt.

Tele2 B stock (ISIN SE0005190238) was trading at SEK 168.50 on Nasdaq Stockholm on September 28, 2026 at 10:04 a.m. CEST, up 0.36 percent from the prior close. The next scheduled report is October 20, 2026, giving the market a defined checkpoint after a quarter shaped by revenue growth and tight cost control.

Q2 revenue reached SEK 7.392 billion

Affärsvärlden lists Tele2 revenue at SEK 7.392 billion for Q2 2026, compared with SEK 7.256 billion in Q2 2025, while net income reached SEK 1.213 billion versus SEK 1.196 billion a year earlier. The reported operating margin was 23.30 percent, compared with 23.50 percent in Q2 2025.

The comparison is modest on revenue but more important in the operating detail. In the Q2 earnings call on July 16, 2026, Yahoo Finance reported management commentary showing end-user service revenue growth of 2.00 percent and underlying EBITDA growth of 4.00 percent year over year.

Analyst target stands above the share price

On September 10, 2026, MarketScreener reported that BNP Paribas downgraded Tele2 to Neutral from Outperform and set a SEK 180.00 price target. That target lies 6.82 percent above the September 28 intraday price, although the downgrade puts the rating signal at odds with the remaining upside implied by the target.

The next report matters because the Q2 call also described a competitive Swedish market, particularly in fixed broadband and the no-frills mobile segment. Management retained 2026 guidance for low single-digit organic end-user service revenue growth, low to mid-single-digit organic underlying EBITDA growth and CapEx to sales of 10.00-11.00 percent, according to the same July 16, 2026 earnings transcript.

Tele2 B remains 15.03 percent below its yearly high

Tele2 B stood at SEK 168.50 on Nasdaq Stockholm on September 28, 2026 at 10:04 a.m. CEST, with 97,202 shares traded. The 52-week range was SEK 143.05 to SEK 198.30, placing the share 15.03 percent below its high, while market capitalization stood at SEK 115.2 billion.