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General

Telenor Q2 net profit increases 57%

Wednesday 22 July 2015 | 09:00 CET | News
Telenor reported second-quarter revenues in line with its full-year outlook, with organic sales up 6 percent and a small drop in the EBITDA margin. Total revenues rose to NOK 30.18 billion from NOK 25.66 billion a year earlier, led by the company's expansion in Myanmar and India and solid results in its home market Norway. Adjusted EBITDA increased to NOK 10.57 billion from NOK 9.50 billion, while the EBITDA margin was still down 2 percent points year-on-year to 35 percent. Telenor increased capital expenditure to NOK 6.59 billion from NOK 3.87 billion a year ago, reaching almost 22 percent

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