Fourth quarter

• Net sales rose 12.7 percent to SEK 28,096 million (24,921). Organic growth in local currencies was 4.5 percent.
• EBITDA, excluding non-recurring items, increased 14.8 percent to SEK 8,272 million (7,208) and the margin to 29.4 percent (28.9).
• Operating income, excluding non-recurring items, increased 20.8 percent to SEK 7,678 million (6,358).
• Net income attributable to shareholders of the parent company increased to SEK 5,644 million (4,467) and earnings per share to SEK 1.26 (0.99).
• Free cash flow increased to SEK 4,918 million (1,839), mainly due to higher EBITDA, the timing of Turkcell Holding’s dividend payment and lower income taxes.
• During the quarter the number of subscriptions grew by more than 6.8 million to 134.8 million, with 3.4 million new subscriptions in the majority-owned opera-tions and over 3.4 million in the associated companies.

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