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General

Beeline revenues up 4% in Q1, EBITDA grows 23%

Thursday 2 May 2019 | 13:41 CET | News
Revenues of Russian operator Beeline, controlled by the Veon Group, grew by 4.4 percent year-on-year in the first quarter of this year, mainly as a result of the strong increase in sales of equipment and accessories and positive ARPU dynamics. The revenues totaled RUB 69.247 billion. EBITDA jumped by 22.7 percent to RUB 30.934 billion, driven by the increase in revenue. The EBITDA margin totaled 44.7 percent, up by 6.7 percentage points.

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Categories: General
Companies: Beeline / Veon
Countries: Russian Federation
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