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Telenor trims sales, capex outlook, raises EBITDA target

2016-07-19 08:35:00| Telecompaper Headlines

(Telecompaper) Telenor has lowered its annual sales growth outlook and improved its EBITDA margin target, after a mixed performance across its operations in Q2. Revenues rose slightly to NOK 32.48 billion from NOK 31.41 billion a year ago, with growth held back by difficult market conditions in Thailand and Malaysia. Organic mobile service revenue was up 4 percent, while handset sales were lower. The company now expects to report organic revenue growth of just 1-2 percent over the full year, compared to its previous forecast of 2-4 percent. However, Telenor raised its EBITDA margin target to around 35 percent, from 33-34 percent previously, after an improvement in Q2 to 35.5 percent from 34.1 a year ago. Total EBITDA rose to NOK 11.55 billion from NOK 10.70 billion, helped by the contribution from Myanmar, which is already reporting positive cash flow. T

Tags: sales target outlook raises

 

Vimpelcom underlying sales up 4% in Q1, EBITDA 2% higher

2016-05-12 08:35:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported a small improvement in underlying results in the first quarter, with revenues up 4 percent and EBITDA growing 2 percent on an organic basis. However, negative currency effects and weak conditions in many of its markets, especially Russia and Kazakhstan, led to a 12 percent drop in reported revenue to USD 2.023 billion. Adjusted EBITDA fell 15 percent to USD 799 million, hurt also by USD 40 million in restructuring charges, and the margin was down 1.4 percent points year-on-year to 39.5 percent. Vimpelcom classified its Italian unit Wind as a discontinued activity held for sale, leading to a net profit from continuing activities of USD 38 million versus a loss of USD 88 million a year ago. 

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Cost cuts boost Swisscom's Q1 EBITDA

2016-05-03 02:00:00| Total Telecom industry news

Revenue inches down on lower prices; Fastweb customer base grows 5.5%.

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Zain Group Q1 revenue flat but EBITDA rises 5%

2016-04-25 09:14:00| Telecompaper Headlines

(Telecompaper) Zain Group said its consolidated revenues reached USD 919 million in the first three months to 31 March, a similar level to the same period in the previous year. The group closed the period serving 45.5 million customers. EBITDA rose by 5 percent to USD 407 million, reflecting an EBITDA margin of 44 percent.

Tags: group flat revenue rises

 

Telia improves FY EBITDA outlook after 10% growth in Q1

2016-04-20 08:37:00| Telecompaper Headlines

(Telecompaper) Telia has improved its outlook for the full year, after a strong first quarter. Instead of targeting unchanged adjusted EBITDA this year, the operator now expects a flat to slightly higher result. The forecast excludes the impact of acquisitions and disposals, such as Ncell in Nepal or the proposed sale of Yoigo in Spain, as well as currency effects. For the first quarter, Telia reported EBITDA from continuing operations up 10.4 percent year-on-year, both on a reported and adjusted basis, to SEK 6.217 billion. Revenue fell 0.9 percent and was down 1.1 percent on an organic basis to SEK 20.394 billion. Sales in its home market Sweden declined 2.4 percent to SEK 8.835 billion, while the rest of Europe grew 1.2 percent to SEK 10.430 billion. Telia also reported a strong increase in contribution from its affiliate companies, mainly due to Turkcell, to SEK 746 million from SEK 502 million a year ago. Telia said it's still working on selling the rest of its Eurasia operations, with market conditions challenging in several of the markets, due to weak economic conditions and currency pressures. 

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