Core Insights - Telenor Group reported solid results in Q4 2024, with stronger cash flow than previously indicated, and proposed a dividend of NOK 9.60 per share for 2024 [1][7] Financial Performance - Organic service revenues grew by 1.1% in Q4 2024, while organic EBITDA increased by 2.0%, with EBITDA before other items reaching NOK 8.5 billion [1] - Free cash flow before M&A for Q4 was NOK 3.1 billion, totaling NOK 11.4 billion for the entire year, exceeding the annual outlook [6] - Total free cash flow, including M&A income of NOK 1.9 billion, amounted to NOK 13.3 billion [6] Regional Performance - In the Nordics, Telenor achieved 2.3% organic growth in service revenues and 6.0% organic EBITDA growth due to efficiency initiatives [3] - Nordic service revenues grew by 4.6% for the full year, with total service revenues reaching NOK 44.7 billion [9] - Bangladesh faced slow economic recovery post-unrest, but Telenor's team demonstrated resilience [5] Strategic Direction - The company aims for a free cash flow of around NOK 13 billion for the current year, before M&A and potential items [7] - Telenor's strategy focuses on evolving as a customer-centric and technology-driven company while maintaining a strong dividend policy [8] Digital Crime Prevention - Telenor successfully prevented over 2.2 billion digital crime attempts against Norwegian customers throughout 2024 [10]

GALWAY, Ireland, Feb. 4, 2025 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectors and sensors, has been named to Fortune's World's Most Admired Companies list for the eighth consecutive year, reaffirming the company's strong reputation within the global business community. TE Connectivity named among World’s Most Admired Companies by Fortune magazine for the eighth consecutive year "Our teams around the world are dedicated to driving innovation and being a trusted partner to our c ...

GALWAY, Ireland, Jan. 28, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) ("TE Connectivity") today announced that Tyco Electronics Group S.A. ("TEGSA"), its indirect wholly-owned subsidiary, has priced an offering of €750 million aggregate principal amount of its 3.250% senior notes due 2033.The offer is being made pursuant to an effective registration statement filed by TE Connectivity, TE Connectivity Switzerland Ltd. and TEGSA on October 1, 2024, which includes a prospectus, and a prospectus supple ...

Have you evaluated the performance of TE Connectivity's (TEL) international operations during the quarter that concluded in December 2024? Considering the extensive worldwide presence of this electronics maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth ...

Financial Performance - Net sales in Q1 fiscal 2025 were $3.836 billion, consistent with Q1 fiscal 2024, with a 6.3% decline in the Transportation Solutions segment and a 10.8% increase in the Industrial Solutions segment[109]. - The company expects net sales of approximately $3.95 billion in Q2 fiscal 2025, down from $3.97 billion in Q2 fiscal 2024, with a projected diluted loss per share of approximately $0.05[110]. - Gross margin increased by $36 million to $1.36 billion in Q1 fiscal 2025, representing 35.5% of net sales, compared to 34.6% in Q1 fiscal 2024[120]. - Operating income for Q1 fiscal 2025 was $690 million, with an operating margin of 18.0%, down from 18.2% in Q1 fiscal 2024[126]. - Transportation Solutions segment net sales decreased by $150 million, or 6.3%, in Q1 fiscal 2025 compared to Q1 fiscal 2024, primarily due to organic net sales declines of 5.2%[130]. - Operating income in the Transportation Solutions segment decreased by $41 million to $446 million in Q1 fiscal 2025, with an operating margin of 19.9%[131]. - Industrial Solutions segment net sales increased by $155 million, or 10.8%, in Q1 fiscal 2025 compared to Q1 fiscal 2024, driven by organic net sales growth of 8.6%[134]. - Operating income in the Industrial Solutions segment increased by $33 million to $244 million in Q1 fiscal 2025, with an operating margin of 15.3%[136]. - Income from continuing operations was $311 million for the quarter ending December 27, 2024, a significant improvement from a loss of $271 million in the same quarter of the previous year[153]. Cash Flow and Capital Expenditures - Net cash provided by operating activities was $878 million in Q1 fiscal 2025[109]. - Net cash provided by operating activities increased by $159 million to $878 million in Q1 fiscal 2025 from $719 million in Q1 fiscal 2024[140]. - Capital expenditures were $205 million in Q1 fiscal 2025, with expectations for capital spending to be approximately 5% of net sales[141]. Restructuring and Costs - The company incurred net restructuring charges of $43 million in Q1 fiscal 2025, with expected annualized cost savings of approximately $35 million by the end of fiscal 2026[123]. - The company anticipates total restructuring charges of approximately $100 million for fiscal 2025, with total cash spend expected to be around $200 million[123]. Shareholder Returns - Payments of ordinary/common share dividends to shareholders were $189 million in Q1 fiscal 2025, up from $183 million in Q1 fiscal 2024[148]. - The board of directors authorized an increase of $2.5 billion in the share repurchase program, with $2.4 billion remaining available as of December 27, 2024[149]. - Approximately 2 million ordinary shares were repurchased for $310 million, and 3 million common shares for $420 million during the first quarters of fiscal 2025 and 2024, respectively[149]. Debt and Assets - Total debt was $4,205 million as of December 27, 2024, compared to $4,203 million at the end of the previous quarter[144]. - Total current assets increased to $1,320 million as of December 27, 2024, compared to $1,164 million on September 27, 2024[152]. - Total noncurrent liabilities decreased to $7,431 million as of December 27, 2024, down from $10,738 million on September 27, 2024[152]. - The company has $185 million in outstanding letters of credit, including $22 million related to the divestiture of the Subsea Communications business[156]. Market Conditions and Compliance - Approximately 60% of net sales were invoiced in currencies other than the U.S. dollar in Q1 fiscal 2025, impacting reported results due to foreign currency exchange rates[117]. - The average price of copper increased to $4.09 per pound in Q1 fiscal 2025 from $3.87 in Q1 fiscal 2024, while gold rose to $2,305 per troy ounce from $1,943[121]. - Organic net sales growth is presented as a key performance measure, excluding the impact of foreign currency exchange rates and acquisitions[165]. - The company is cooperating with the U.S. State Department's Directorate of Defense Trade Controls regarding past compliance with trade controls[160]. - Forward-looking statements indicate potential growth opportunities and risks related to global economic conditions and competition[169]. - The company does not expect legal proceedings to have a material adverse effect on its financial position or cash flows[159]. Taxation - The effective tax rate for Q1 fiscal 2025 was 25.2%, compared to (158.1)% in Q1 fiscal 2024, reflecting a significant change in income tax expense[127].

TE Connectivity’s (TEL) first-quarter fiscal 2025 Transportation Solutions sales of $2.24 billion lagged the Zacks Consensus Estimate by 4.02%. The segment’s sales declined 6.3% year over year on a reported basis and dropped 5% organically.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.In the reported quarter, TEL’s adjusted earnings of $1.95 per share beat the Zacks Consensus Estimate by 3.17%. The earnings figure increased 3.17% year over year.Net sales totaled $3.84 billion, missi ...

Join us for Telenor Group’s results for the fourth quarter 2024 When: Thursday 6 February, 0900 CET / 0800 UKT. To view the webcast, without participating in the live Q&A, please visit: https://kvgo.com/telenor/q4-2024-results-call or visit Telenor.com/investors The presentation will be available via Webcast only. For media: A separate press meeting will be held at 10.30 CET at Telenor HUB, Snarøyveien 30, Fornebu. The media session will be held in Norwegian. To RSVP, please email: thomas.midteide@teleno ...

Core Viewpoint - TE Connectivity (TEL) reported a mixed performance in its first-quarter fiscal 2025 results, with adjusted earnings per share (EPS) beating estimates but net sales missing expectations due to currency exchange challenges [1][2]. Financial Performance - Adjusted EPS for the first quarter was $1.95, a 6% increase year-over-year, surpassing the Zacks Consensus Estimate by 3.17% [1] - Net sales reached $3.84 billion, which was unchanged year-over-year but fell short of the consensus estimate by 1.92% [2] - The company anticipates a slight decline in net sales for the second quarter, projecting $3.95 billion, a decrease of 0.5% year-over-year, while adjusted EPS is expected to grow by 5% to $1.96 [3] Segment Performance - The Transportation Solutions segment generated $2.24 billion, accounting for 58.5% of total net sales, but saw a decline of 6.3% year-over-year [4] - Automotive sales within this segment decreased by 4% year-over-year [4] - The Industrial Solutions segment reported revenues of $1.59 billion, representing 41.5% of net sales, with an 11% year-over-year increase [5] - Within the Industrial Solutions segment, Digital Data Networks and Aerospace, Defense and Marine saw significant growth of 48% and 15% respectively, while Medical experienced a decline of 25% [6] Operating Metrics - GAAP gross margin improved by 90 basis points year-over-year to 35.5% [7] - Selling, general and administrative expenses increased to 11.1% of revenues, up 10 basis points year-over-year [7] - Adjusted operating margin expanded by 30 basis points to 19.4% [7] Balance Sheet and Cash Flow - As of December 27, 2024, cash and cash equivalents were $1.25 billion, down from $1.32 billion at the end of the previous quarter [8] - Long-term debt slightly decreased to $3.29 billion [8] - Cash generated from operations was $0.9 billion, down from $1 billion in the previous quarter, and free cash flow was $674 million, down from $833 million [8]

TE Connectivity plc (NYSE:TEL) Q1 2025 Earnings Conference Call January 22, 2025 8:30 AM ET Company Participants Sujal Shah - Vice President, Investor Relations Terrence Curtin - Chief Executive Officer Heath Mitts - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Scott Davis - Melius Research Amit Daryanani - Evercore ISI Wamsi Mohan - Bank of America Steven Fox - Fox Advisors Kosta Tasoulis - Wells Fargo William Stein - Truist Securities Asiya Merchant - Citigroup Luke Ju ...

TE Connectivity (TEL) reported $3.84 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 0.1%. EPS of $1.95 for the same period compares to $1.84 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.91 billion, representing a surprise of -1.92%. The company delivered an EPS surprise of +3.17%, with the consensus EPS estimate being $1.89.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...