VEON Reports Good Q1 2019 Results
VEON Ltd. - American Depositary Shares (VEON)
US:NASDAQ Investor Relations:
veon.com/investor-relations
Company Research
Source: PR Newswire
AMSTERDAM, May 2, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announces financial and operating results for the quarter ended 31 March 2019.KEY Q1 2019 RESULTS1Solid organic2 revenue growth in Q1 2019: total revenue increased by 7.4% organically2 year on year to USD 2,124 million, driven by strong performance in Pakistan, Ukraine, Bangladesh and Russia Strong organic data revenue growth across VEON's markets: data revenue continued to grow strongly, rising by 26.4% organically2 year on year, with Ukraine (+83%), Pakistan (+94%) and Bangladesh (+36%) delivering large increases year on year following investment in 4G/LTE networks Currency movements negatively impacted total revenue, which decreased by 5.6% due to currency headwinds of USD 291 million Adjusted for the positive effect of IFRS 16, EBITDA increased by 37.3% year on year. On a pre-IFRS 16 basis, EBITDA increased to USD 1,172 m
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News
- VEON Announces 2024 AGM and Board NomineesGlobeNewswire
- Telenor Pakistan's Buyer Set to Rival Sector Leader by Year-End [BNN Bloomberg (Canada)]BNN Bloomberg
- VEON Ltd. (NASDAQ: VEON) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- VEON to release 1Q 2024 trading update on 16 May 2024GlobeNewswire
- Should You Be Impressed By VEON Ltd.'s (NASDAQ:VEON) ROE? [Yahoo! Finance]Yahoo! Finance
VEON
Sec Filings
- 4/24/24 - Form 6-K
- 4/12/24 - Form 6-K
- 3/28/24 - Form 6-K
- VEON's page on the SEC website