TLTZF - Tele2: Q2 2019 Continues To Impress; 20.84% CAGR In 3 Years
My previous article on Tele2 (TLTZF), "Tele2: A Hold For This Potentially High-Yielding Company", garnered some interest for Swedish telecommunications, which I now intend to follow up on. After a particularly strong 2Q19, with several positive news items, affirmations and stock developments despite recent market insecurity, I want to further showcase why I consider telecommunications a recession-resistant industry - at least insofar as the Swedish ones go.
Let's get going.
2Q19 - Extra Dividend, Organic growth across the board, double FCF
So, the second-quarter earnings report came in late in July,