Veon Q1 core earnings rise 5.1%

VEON

16/05/2024 06:11

May 16 (Reuters) - Telecom company Veon  VON.AS , which
owns Ukraine's biggest mobile operator Kyivstar, on Thursday
posted 5.1% growth in first-quarter core profit, as it retained
customers following a cyber-attack on its unit last year.
    Earnings before interest, taxes, depreciation, and
amortization (EBITDA) were $386 million, up 5.1% on a year
earlier in local currency terms, the company said in a
statement.
    
    
   

 (Reporting by Olivier Sorgho; Editing by Sonali Paul)
 ((Olivier.Sorgho@thomsonreuters.com;))