Tele2 stock: Tele2 appoints Nicolas Didio. Barclays cuts Tele2 stock target to SEK 185
Published on 10/24/2026 at 01:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNomination and quarterly cash flow
- Nicolas Didio became nomination committee chair on October 23, 2026.
- Third-quarter 2026 equity free cash flow reached SEK 2.30 billion versus SEK 1.80 billion.
- Barclays cut its target from SEK 200 to SEK 185 on October 20, 2026.
- Tele2 stock was last at EUR 14.32 at 4:05 p.m. CEST at Tradegate on October 23, 2026.
Tele2 B (ISIN SE0005190238) named Nicolas Didio as nomination committee chair in a release dated October 23, 2026, while Barclays cut its target from SEK 200 to SEK 185 on October 20, 2026. The governance change followed Tele2's third-quarter report, which showed equity free cash flow of SEK 2.30 billion versus SEK 1.80 billion a year earlier.
Cash flow sets the tone
Tele2 reported third-quarter 2026 revenue of SEK 7.60 billion, up 2.00 percent organically from the third quarter of 2025. Underlying EBITDAaL increased 3.00 percent organically to SEK 3.10 billion, while net profit reached SEK 1.40 billion compared with SEK 1.30 billion a year earlier. The company narrowed full-year 2026 organic underlying EBITDAaL growth guidance to 4.00-5.00 percent and lowered its capital expenditure target to below 10.00 percent of sales.
The cash flow figure is the clearest operational counterweight to the quarter's mixed earnings picture. Cision reported equity free cash flow of SEK 2.30 billion in the third quarter, compared with SEK 1.80 billion in the prior-year quarter, while 12-month equity free cash flow reached SEK 6.70 billion.
Three dated company events
On October 20, 2026, Tele2 reported third-quarter results and updated its guidance; on October 20, 2026, Barclays cut its target from SEK 200 to SEK 185; on October 23, 2026, Tele2 named Nicolas Didio chair of the nomination committee. The results and nomination announcement are listed on Tele2, while MarketScreener carried the Barclays target change.
What comes next for reporting?
Tele2 lists its full-year 2026 report for January 27, 2027, giving investors the next scheduled checkpoint after the October results. The group operates across Sweden and the Baltic states, with mobile, fixed broadband, enterprise connectivity and related digital services.
Euro quote stays dated
The last available euro quote stood at EUR 14.32 at Tradegate on October 23, 2026 at 4:05 p.m. CEST. On Nasdaq Stockholm, Tele2 B closed at SEK 159.85 on October 23, 2026, while the 52-week range was SEK 143.05 to SEK 198.30. The further course of trading is shown by the continuously updated real-time quote of Tele2 B stock.
Tele2 B key facts
- Company: Tele2 AB (publ)
- ISIN: SE0005190238
- Ticker: TEL2 B
- Primary exchange: Nasdaq Stockholm
- Last euro quote: EUR 14.32 at Tradegate on October 23, 2026 at 4:05 p.m. CEST
- Market capitalization: SEK 109.7 billion (as of October 23, 2026)
- 52-week range: SEK 143.05-198.30 (as of October 23, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: January 27, 2027
Market context: Market report OMXS30.
