Tele2 (STO: TEL2-B) financial statements
The consolidated income statement, balance sheet and cash flow statement of Tele2 for its last 6 fiscal years, as filed with the regulator, in millions of Swedish kronor. At the end of fiscal 2025 it had SEK 62,880m in total assets and SEK 22,267m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | SEK 29,890m | SEK 29,583m | SEK 29,099m | SEK 28,102m | SEK 26,789m | SEK 26,554m |
| Cost of sales | SEK 16,890m | SEK 16,854m | SEK 17,288m | SEK 16,887m | SEK 15,870m | SEK 15,098m |
| Gross profit | SEK 13,000m | SEK 12,729m | SEK 11,811m | SEK 11,215m | SEK 10,919m | SEK 11,456m |
| Operating profit | SEK 6,615m | SEK 5,817m | SEK 5,466m | SEK 6,596m | SEK 4,787m | SEK 7,371m |
| Profit before tax | SEK 5,678m | SEK 4,749m | SEK 4,578m | SEK 5,907m | SEK 4,307m | SEK 6,855m |
| Income tax | SEK 1,099m | SEK 915.0m | SEK 846.0m | SEK 694.0m | SEK 347.0m | −SEK 378.0m |
| Net profit | SEK 4,587m | SEK 3,870m | SEK 3,735m | SEK 5,574m | SEK 4,306m | SEK 7,408m |
| Earnings per share | SEK 6.62 | SEK 5.59 | SEK 5.40 | SEK 8.07 | SEK 6.25 | SEK 10.76 |
| Diluted earnings per share | SEK 6.58 | SEK 5.56 | SEK 5.37 | SEK 8.03 | SEK 6.21 | SEK 10.71 |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | SEK 62,880m | SEK 64,442m | SEK 66,059m | SEK 67,656m | SEK 74,251m | SEK 75,411m |
| Current assets | SEK 6,395m | SEK 7,028m | — | — | — | — |
| Inventories | SEK 585.0m | SEK 838.0m | SEK 824.0m | SEK 1,254m | SEK 769.0m | SEK 824.0m |
| Property, plant and equipment | — | SEK 14,188m | SEK 13,202m | SEK 8,220m | SEK 7,825m | SEK 7,540m |
| Goodwill | SEK 29,223m | SEK 29,988m | SEK 29,898m | SEK 29,905m | SEK 29,695m | SEK 29,651m |
| Cash | SEK 249.0m | SEK 317.0m | SEK 1,634m | SEK 1,116m | SEK 880.0m | SEK 970.0m |
| Equity | SEK 22,267m | SEK 22,097m | SEK 22,780m | SEK 23,683m | SEK 31,142m | SEK 32,751m |
| Equity including minorities | SEK 22,267m | SEK 22,097m | SEK 22,780m | SEK 23,683m | SEK 31,142m | SEK 32,751m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | SEK 11,343m | SEK 9,778m | SEK 10,013m | SEK 8,250m | SEK 10,297m | SEK 8,816m |
| Investing cash flow | −SEK 3,672m | −SEK 3,999m | −SEK 3,926m | SEK 5,259m | −SEK 3,025m | −SEK 654.0m |
| Financing cash flow | −SEK 7,720m | −SEK 7,100m | −SEK 5,589m | −SEK 13,638m | −SEK 7,260m | −SEK 7,633m |
| Capital expenditure | SEK 2,684m | SEK 3,083m | SEK 2,764m | SEK 2,593m | SEK 1,921m | SEK 1,727m |
| Dividends paid | SEK 4,403m | SEK 4,777m | SEK 4,702m | SEK 13,629m | SEK 6,205m | SEK 6,198m |
Where each figure comes from
From the annual report Tele2 files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Tele2 page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.