VEON Reports Q4 Trading Update with Strong Revenue Growth and Outlook for FY24
Thursday, 21 March 2024, 07:14
VEON Reports Strong Revenue Growth in Q4
VEON released its Q4 trading update with impressive organic revenue growth. The company showed a 1.4% Y/Y increase in reported currency and a significant 17.9% Y/Y growth in local currency.
Financial Performance
- Revenue of $953M in Q4
- EBITDA of $364 million
Conclusion: VEON's Q4 update portrays robust revenue growth and positive prospects for FY24.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.