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General

Telenor organic sales up 7.6%, margins still under pressure

Wednesday 6 May 2015 | 08:43 CET | News
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Telenor reported all-time high revenues in the first quarter, with organic sales growth reaching 7.6 percent. As the operator is confident it will see another good year, it has raised its 2015 guidance for organic revenue growth to 5.7 percent and its EBITDA margin expectations to 34-36 percent. The capex to sales ratio is seen at 17-19 percent, reflecting higher investments in Thailand and Myanmar in addition to the recently launched satellite. Revenues for the quarter rose to NOK 30.2 billion from 25.3 billion the year before while EBITDA before other items reached an all-time high of NOK

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