Brief: Veon Q4 EBITDA Falls To $364 Million

VEON

21/03/2024 06:20

March 21 (Reuters) - VEON Ltd  VON.AS :
    * Q4 REVENUE OF $953 MLN, +1.4% YOY (+17.9% YOY IN LOCAL
CURRENCY
NORMALISED)
    * Q4 EBITDA OF $364 MLN, -20.4% YOY (+24.9% YOY IN LOCAL
CURRENCY
NORMALISED)
    * Q4 CAPEX OF $258 MLN, -1.8% YOY
    * HAS ANNOUNCED ITS FY REVENUE GUIDANCE OF 16-18% GROWTH IN
LOCAL
CURRENCY, EBITDA GUIDANCE OF 18%-20% GROWTH
    * OUTLOOK FOR GROUP'S CAPEX INTENSITY FOR 2024 AT 18%-19%
    * WE ARE PLEASED TO GUIDE MARKET FOR CONTINUED STRONG AND
PROFITABLE GROWTH IN 2024
    * ACTUAL OUTCOME MAY DIFFER MATERIALLY FROM THESE STATEMENTS
AS A
RESULT OF, AMONG OTHER THINGS: FURTHER ESCALATION IN WAR IN
UKRAINE, INCLUDING FURTHER SANCTIONS AND COUNTER-SANCTIONS AND
ANY RELATED INVOLUNTARY DECONSOLIDATION OF OUR UKRAINIAN
OPERATIONS

Source text for Eikon:  ID:nGNX1Vbwkk 
Further company coverage:  VON.AS 

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