Brief: Veon FY Net Income At EUR 414 Mln

VEON

20/03/2025 06:19

March 20 (Reuters) - VEON Ltd VEON-RX.MM:

FY EBITDA GROWTH OF 4.9% YOY TO USD 1,691 MILLION (+12.0% YOY IN UNDERLYING LOCAL CURRENCY TERMS)

EQUITY FY FREE CASH FLOW OF USD 403 MILLION

FY REVENUE $4,004 MILLION

FOR FY25, VEON IS GUIDING FOR UNDERLYING LOCAL CURRENCY GROWTH FOR TOTAL REVENUE OF 12% - 14% YOY

FOR FY25, VEON IS GUIDING UNDERLYING EBITDA GROWTH OF 13% - 15% YOY

FY25 OUTLOOK FOR CAPEX INTENSITY IS IN RANGE OF 17%-19%

OUTLOOK FOR GROUP'S CAPEX INTENSITY IS IN RANGE OF 17%-19% FOR 2025

WILL ALSO SHORTLY COMMENCE SECOND PHASE OF ITS PREVIOUSLY ANNOUNCED SHARE BUYBACK PROGRAM IN AMOUNT OF UP TO USD 35 MILLION

FY NET INCOME ATTRIBUTABLE TO VEON SHAREHOLDERS EUR 414 MILLION

Source text: ID:nGNE2zXbFS

Further company coverage: VEON-RX.MM

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))