Telenor Q1 EBITDA Up At NOK 8.5 Bln
April 30 (Reuters) -Telenor ASA TEL.OL:
SERVICES REVENUES IN Q1 ENDED AT NOK 15.8 BILLION, CORRESPONDING TO AN ORGANIC INCREASE OF 5.6 PER CENT
Q1 EBITDA ENDED AT NOK 8.5 BILLION, CORRESPONDING TO ORGANIC GROWTH OF 6.9 PER CENT
FINANCIAL OUTLOOK FOR 2024 (MAINTAINED)
BUSINESS AREA NORDICS DELIVERED ORGANIC SERVICE REVENUE GROWTH OF 5.3%
IN ASIA, THE 5% EBITDA GROWTH WAS HELD BACK BY 28% RISE IN ENERGY COSTS
SAYS SUSTAINED GROWTH MOMENTUM AND COST DISCIPLINE IN THE NORDICS, CONTINUED PROGRESS IN ASIA AND DISCIPLINED CASH-FLOW MANAGEMENT LEAVE US WELL ON TRACK WITH OUR FULL-YEAR AND MID-TERM FINANCIAL AMBITIONS
ASIA: WE EXPECT ENERGY TO REMAIN A HEADWIND FOR THE REMAINDER OF 2024
Source text for Eikon: ID:nObik7fcTa
Further company coverage: TEL.OL
(Gdansk Newsroom)
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