Home Telenor raises EBITDA margin target after strong Q2 growth

Keywords :   

Telenor raises EBITDA margin target after strong Q2 growth

2017-07-17 08:28:00| Telecompaper Headlines

(Telecompaper) Telenor reported a small net loss for the second quarter, of NOK 167 million versus a profit of NOK 1.111 billion a year ago. Adjusted EBITDA was still up 11.8 percent to NOK 12.719 billion, and the company raised its target for the full-year EBITDA margin. The margin in Q2 was up 4 percent points year-on-year to a record 40 percent, and Telenor expects a result of 38-39 percent over the full year, compared to a previous estimate of 37 percent.

Tags: strong growth target margin


Latest from this category

All news

25.09Dutch Apps Market - August 2017 edition
25.09Canyon Bridge buys Imagination for GBP 550 mln
25.09Colt tech chief promoted to COO role
25.09Sprint/T-Mobile merger terms emerging
22.09Telecom Business Market Insight 2017 Q2
22.09KPN NL Business
22.09Telia settles Uzbekistan corruption case for USD 965 million
22.09Delay in upcoming spectrum auction in India
Telecommunications »
25.09Sentinel 3 data exploitation support
25.09Optical Instrument scientist
25.09JD Wetherspoon switches to biodegradable straws in all UK, Ireland pubs
25.09Motor insurance cost 'widens between sexes'
25.09Asahi readies European production for Super Dry - report
25.09Dutch Apps Market - August 2017 edition
25.09British Airways to Use Fuel Sourced from Recycled Diapers
More »