Norway's Telenor beats Q2 earnings expectations
Telenor
reported second-quarter earnings that were above analysts' expectations on Friday, benefiting from a strong performance in the Nordics.
Telenor's earnings before interest, tax, depreciation and amortisation (EBITDA) before other items rose to 9.32 billion Norwegian crowns ($907.21 million) in the second quarter, from 8.79 billion a year earlier.
Analysts, on average, had expected billion 8.91 crowns in a company-compiled poll.
The company hiked its Nordic full-year adjusted EBITDA outlook to high single-digit organic growth from a previous mid single-digit forecast.
For 2025, Telenor expects mid single-digit organic growth in adjusted EBITDA, raised from a previous low-to-mid single-digit forecast.
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