Ukraine's Kyivstar lifts revenues, core profit outlook

Kyivstar

13/05/2026 05:41

May 13 (Reuters) - Ukraine's biggest telecom operator Kyivstar KYIV.O on Wednesday raised its annual outlook after stronger digital-services growth and steady demand for mobile and broadband services helped it outperform its earlier forecast despite the war with Russia.

The company said it now expected 2026 revenue growth in U.S. dollar terms of 11% to 14%, up from a March forecast of 8% to 11%, while earnings before interest, tax, depreciation and amortization, a measure of core profit, were now seen rising 7% to 10% versus its earlier 5% to 8% range.

The upgrade points to resilient consumer demand in Ukraine's telecom market, where operators have kept networks running through repeated disruption since Russia's invasion.

 (Reporting by Gianluca Lo Nostro and Leo Marchandon; Editing by)

 ((gianluca.lonostro@thomsonreuters.com))