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General

Telenor organic sales up 5% in Q4, margins under pressure

Wednesday 11 February 2015 | 09:25 CET | News
Telenor reported a strong final quarter for 2014, led by demand for smartphones and mobile data, and said it expects the organic growth to continue in 2015. Quarterly revenues rose 5 percent on an organic basis, and annual revenues were up 3 percent, in line with the company's outlook. Total revenues increased to NOK 29.11 billion in Q4 from NOK 26.33 billion a year earlier, benefiting from forex effects and the takeover in Bulgaria, as well as underlying growth at all operations expect Dtac in Thailand and the broadcast division, where it sold the unit Conax. Adjusted EBIDTA rose to NOK 9.09

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