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General

Telenor organic sales up 1% in Q4, EBITDA margin improves

Wednesday 12 February 2014 | 09:00 CET | News
Telenor met its outlook for around 1 percent growth in organic sales last year and said it expects to grow in the low single digits in 2014. The operator also posted 1 percent organic sales growth in Q4. Reported revenues rose to NOK 27.61 billion from NOK 25.99 billion a year ago, and adjusted EBITDA increased to NOK 8.99 billion from NOK 8.20 billion. With an EBITDA margin of 32.6 percent in Q4 and 34.5 percent over the full year, Telenor met its annual target. The company expects a stable margin in 2014, excluding the costs of launching its new operation in Myanmar. Telenor's net profit

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