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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

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