Veon Confirms Its 2023 Revenue and EBITDA Guidance
May 4 (Reuters) -VEON VON.AS:
SAYS Q1 TOTAL CASH AND CASH EQUIVALENTS OF USD 3.0 BILLION, +53.7% YOY, WITH USD 2.5 BILLION AT HEADQUARTERS
SAYS Q1 158 MILLION MOBILE CUSTOMERS, UP 0.7% YOY
SAYS IN APRIL LOCAL CURRENCY REVENUES ARE UP 20.1% YOY WITH EBITDA UP 25.8% YOY
SAYS OUR 2023 LOCAL CURRENCY GUIDANCE FOR BOTH REVENUE AND EBITDA GROWTH REMAINS AT 10%-14%
SAYS 2023 OUTLOOK FOR GROUP’S CAPEX INTENSITY IS IN THE RANGE OF 18%-20%
Source text for Eikon: ID:nGNEbC5l9D
Further company coverage: VON.AS
(Gdansk Newsroom)
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