Home › Veon withdraws guidance as results turn lower in April
 

Keywords :   


Veon withdraws guidance as results turn lower in April

2020-05-07 09:56:00| Telecompaper Headlines

(Telecompaper) Veon reported a small increase in organic revenue in the first quarter of 0.3 percent, while EBITDA fell 1.8 percent on the same base. The company said organic revenues and EBITDA turned lower in April due to pressure on results from the Covid-19 pandemic, and Veon withdrew its previous guidance for 2020 results due to the uncertain outlook.� [ more ]

Tags: results april turn lower

Category:Telecommunications

Latest from this category

All news
18.07Private Cloud, Hybrid AI and the New MSP Mandate
Telecommunications »
29.07China offers parents $1,500 in bid to boost births
29.07Eastern North Pacific Tropical Weather Outlook
29.07US companies up against 'nightmare' tariff wall
29.07Atlantic Tropical Weather Outlook
29.07Could aluminium become the packaging 'champion'?
28.07Beef prices are NOT the new egg prices
28.07France and Germany lead downbeat EU response to US trade deal
28.07Eastern North Pacific Tropical Weather Outlook
More »