Telenor Narrows Up Outlook For 2024 Free Cash Flow Ex-Items
Oct 30 (Reuters) -Telenor ASA TEL.OL:
FINANCIAL OUTLOOK FOR 2024: 3-4% ORGANIC GROWTH IN NORDIC SERVICE REVENUES (CHANGED FROM LOW-TO-MID SINGLE-DIGIT ORGANIC GROWTH)
FINANCIAL OUTLOOK FOR 2024: AROUND 6% ORGANIC GROWTH IN EBITDA IN NORDICS (CHANGED FROM MID-SINGLE-DIGIT ORGANIC GROWTH)
FINANCIAL OUTLOOK 2024: FOR NORDIC BUSINESS, CAPEX EXCLUDING. LEASES ARE EXPECTED TO ACCOUNT FOR SLIGHTLY LESS THAN 17% OF REVENUES (CHANGED FROM AROUND 17%)
FINANCIAL OUTLOOK 2024: 3-4% ORGANIC GROWTH IN GROUP'S EBITDA (CHANGED FROM MID-SINGLE-DIGIT GROWTH)
FINANCIAL OUTLOOK 2024: FREE CASH FLOW OF NOK 9.5-10.0 BILLION BEFORE M&A AND POTENTIAL ITEMS RELATED TO PRIOR YEARS' ACTIVITIES (CHANGED FROM NOK 9-10 BILLION)
CONSOLIDATED PART OF OUR ASIA BUSINESS AREA SAW SERVICE REVENUES COMING OFF 1% DUE TO POLITICAL DISRUPTION LEADING TO A SEVERE MACRO-ECONOMIC SETBACK IN BANGLADESH
Source text: ID:nObiLbYTja
Further company coverage: TEL.OL
(Gdansk Newsroom)
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