Veon upgrades core profit and revenue targets as it expands operations

VEON

20/11/2023 11:09

Nov 20 (Reuters) - Mobile telecoms operator Veon
 VON.AS  raised its full-year core profit and revenue targets on
Monday, citing its expansion into financial services,
entertainment, education and healthcare.
        The Amsterdam-listed company now expects full-year
growth of its earnings before interest taxes depreciation and
amortisation (EBITDA) to be between 18% and 20%, against a prior
forecast of growth between 10% and 14%.
    

 (Reporting by Victor Goury-Laffont, Editing by Louise Heavens)
 ((Victor.Goury-Laffont@thomsonreuters.com;))