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. 

Tags: results april turn lower

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
30.01Trump threatens tariffs on countries selling oil to Cuba
30.01Venezuelan MPs approve bill to open up oil sector to private firms
30.01Visit the North Sea oil field used to store greenhouse gas
30.01Why the US dollar hit a four-year low and could fall further
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
More »