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General

Vodafone Iceland parent Syn cuts FY guidance again, lower forecast for 2019, too

Tuesday 4 December 2018 | 13:31 CET | News
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Vodafone Iceland operator Syn said it is cutting its guidance for 2018 and 2019 again, after it lowered its FY forecast when it published its Q3 results. This follows the receipt of results for October 2018 and advertising and content sales for November. It is lowering the guidance for 2018 EBITDA from regulator operations by ISK 150 million to ISK 3.45 billion from ISK 3.60 billion, because of prospects of higher costs and lower revenues.

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Categories: General
Companies: Vodafone Iceland
Countries: Iceland
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