VEON were confirmed by the forecast on decrease in revenue and EBITDA in 2020 at the level of no more than 7%

@finanz.ru
Show original
The telecommunication holding VEON confirmed the forecast on falling of the consolidated revenue and EBITDA following the results of 2020 at the level of no more than 4-7% because of a pandemic Koronavirus. About it it is spoken in the message of companies. In May of VEON in connection with a pandemic withdrew the former forecast which assumed revenue growth in 2020 at the level of 1-3% (low-single-digit). Also company expected the organic growth of an indicator of EBITDA in mid-single-digit values (4-7%) and capex relation (except for licenses) to revenue at the level of 21-22% taking into account additional costs of implementation of requirements "a package Summer". In August...

Full article is available at its source

Go to full article