Telia targets SEK 1 billion in savings: Telia stock pre-market at EUR 3.85
Published on 10/13/2026 at 07:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Telia targets SEK 1 billion in annual gross savings.
- About 900 positions are expected to be reduced.
- Telia stock was at EUR 3.85 pre-market at Lang & Schwarz.
Telia Company said on October 12, 2026, that it intends to reduce approximately 900 positions and target SEK 1 billion in annual gross savings, according to the company’s release. Telia stock was at EUR 3.85 at Lang & Schwarz at 7:47 a.m. CEST on October 13, 2026.
Pre-market indication
The company’s euro-denominated pre-market price was EUR 3.85 at Lang & Schwarz on October 13, 2026. The bid was EUR 3.83 and the ask was EUR 3.87. The further course from the Xetra open at 9:00 a.m. CET/CEST is shown by the continuously updated real-time quote of Telia Company stock.
Workforce and cost measures
Telia said the planned reductions cover employees and resource consultants across all units. The company also proposes transferring approximately 220 positions, primarily from its common Technology unit to country units. The measures are expected to be completed by December 31, 2026, subject to customary union negotiations. Telia expects restructuring charges of approximately SEK 600 million in the fourth quarter of 2026, with the cash-flow effect mainly in 2027. The company said its 2026 financial outlook and mid-term financial targets remain unchanged, and that it will provide further comments with its third-quarter report on October 22, 2026. These details are set out in the company announcement.
What matters today
Telia’s next scheduled quarterly report is due on October 22, 2026, with the presentation and conference call scheduled for 9:00 a.m. CEST, according to Nasdaq Stockholm. A round-number reference of EUR 4.00 is 3.90 percent above the EUR 3.85 pre-market price. Telia’s P/E was 34.57 as of October 12, 2026.
Market context: Market report OMXS30.
