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Telia second-quarter core profit just above forecast

STOCKHOLM (Reuters) - Nordic telecom group Telia Company TELIA.ST posted second-quarter core earnings just above expectations on Thursday and repeated its forecast for 2019.

Profit before interest, tax, depreciation and amortization (EBITDA) was 7.52 billion Swedish crowns ($803.5 million) excluding non-recurring items, up from 6.44 billion a year ago, and compared to a forecast of 7.48 billion in a Refinitiv poll.

Excluding the positive impact from IFRS 16, adjusted EBITDA, on a like-for-like basis regarding exchange rates, acquisitions and disposals, fell 2 percent from a year ago.

Reporting by Helena Soderpalm; editing by Johannes Hellstrom

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