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General

Telenor grows Q3 organic revenues 3.5%, in line with outlook

Wednesday 29 October 2014 | 09:06 CET | News
Telenor reported third-quarter revenue growth in line with its annual outlook. Revenues increased 3.5 percent on an organic basis, versus an annual target of low single-digit growth. Total revenues reached NOK 27.69 billion, up from NOK 25.95 billion a year ago, and adjusted EBITDA improved over the same period to NOK 10.26 billion from NOK 9.62 billion. Telenor said it still expects a small increase in the adjusted EBITDA margin over the full year, after a 0.8 percent increase to 36.0 percent in the first nine months of 2014. The operator's net profit fell to NOK 2.59 billion in Q3 from NOK

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Categories: General
Companies: Telenor / Vimpelcom
Countries: Asia / Eastern Europe / Scandinavia
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