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General

Telenor improves FY margin outlook

Wednesday 23 July 2014 | 09:13 CET | News
Telenor improved its full year outlook, saying it now expects a higher EBITDA margin this year. In the second quarter, the margin improved to 35.9 percent from 34.4 a year ago, and the figure was up 1.3 percent points over the first half of 2014. The operator maintained its forecast for low single-digit organic growth this year, after a 1.6 percent increase in Q2. Total revenues rose to NOK 26.80 billion from NOK 25.75 billion a year ago, with only Thailand, Denmark and the Broadcast division showing lower results. Adjusted EBITDA was up to NOK 9.6 billion from NOK 8.86 billion, helped by the

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