Latest news with #TelenorASA
Yahoo
05-06-2025
- Business
- Yahoo
Best Income Stock to Buy for June 5th
Here is the stock with buy rank and strong income characteristics for investors to consider today, June 5th: Telenor TELNY: This leading telecommunications company in Norway, which is among the most advanced telecommunications markets in the world, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days. Telenor ASA price-consensus-chart | Telenor ASA Quote This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.9%, compared with the industry average of 0.8%. Telenor ASA dividend-yield-ttm | Telenor ASA Quote See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Telenor ASA (TELNY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
12-02-2025
- Business
- Yahoo
Telenor ASA (TELNF) Q4 2024 Earnings Call Highlights: Strong Free Cash Flow and Nordic Growth ...
Free Cash Flow: NOK13.3 billion in 2024, exceeding proposed dividend payments. EBITDA Growth: 6% in the Nordics, 3.5% for the group in 2024. Service Revenue Growth: 3.3% for the group in 2024; 4.6% mobile service revenue growth in the Nordics. CapEx to Sales: 16% for the group in 2024, 19% in Q4. Net Income: EPS of NOK1.27 for Q4 and NOK13.88 for the full year. Dividend Proposal: NOK9.60 per share for 2024. Leverage Ratio: 2.4, slightly above the target range of 1.8 to 2.3. Nordic Mobile ARPU Growth: 4.9% in Norway. Bangladesh Revenue Correction: NOK90 million negative impact. Free Cash Flow Before M&A: NOK11.4 billion in 2024. 2025 Free Cash Flow Outlook: Around NOK13 billion before M&A. Warning! GuruFocus has detected 7 Warning Signs with TELNF. Release Date: February 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Telenor ASA (TELNF) reported strong free cash flow of NOK13.3 billion in 2024, exceeding proposed dividend payments. The company achieved a 6% EBITDA growth in the Nordics, driven by successful transformation efforts. Telenor ASA (TELNF) made significant progress in reducing Scope 1 and 2 emissions, aligning with its ESG agenda. The company maintained a strong balance sheet and manageable maturity profile, despite a slight increase in net leverage. Telenor ASA (TELNF) expects to deliver free cash flow before M&A of around NOK13 billion in 2025, indicating strong financial visibility. The macroeconomic situation in Bangladesh negatively impacted group results, with no immediate recovery in consumer spending. Service revenue growth in Q4 was affected by one-offs and macroeconomic challenges, particularly in Bangladesh. The company faced a VAT-related case in Norway, which slightly dented fixed revenues. Telenor ASA (TELNF) experienced a sequential increase in net leverage to 2.4, driven by dividend payments and unfavorable FX impacts. The regulatory approval process in Pakistan is delayed, potentially affecting the timing of strategic deals. Q: Can you clarify what is considered core and non-core for Telenor, especially regarding your assets in Asia and infrastructure? A: Our current strategy focuses on four business areas, each with distinct strategies to maximize shareholder value. In Asia, we aim to develop our assets through different structures, while in the Nordics, everything is considered core. We focus on IoT and cybersecurity in AMP and will evaluate any inorganic opportunities that arise. Q: With the expected decline in OpEx and CapEx in the Nordics for 2025, what is the scope for further reductions beyond that year? A: While we are coming off a peak CapEx cycle, we are not ready to comment on CapEx to sales beyond 2025. We are committed to maintaining Telenor's future fitness, which includes a focus on cost and efficiencies. Q: What are the expectations for Asia's contribution to free cash flow, given the situation in Bangladesh and the potential sale of Pakistan? A: Our ambition for Asia to contribute NOK5 billion in free cash flow by 2025 remains, despite challenges in Bangladesh. The sale of Pakistan was not a significant factor in this target, and we expect dividends from True in Thailand to begin in the second half of the year. Q: How do you view the potential for in-market consolidation in Europe, and are you actively pursuing simplification in Asia? A: In Asia, our focus is on driving value within our associate positions and considering strategic opportunities that arise. In Europe, particularly in Sweden and Denmark, we hope for regulatory changes that will allow for industrial in-market consolidation. Q: Can you provide insights into the service revenue growth in Sweden and the pricing environment there? A: The year-over-year growth in Sweden was impacted by tough comparisons and strong competition in Q4. However, we are comfortable with the outlook for 2025, supported by our strategy and strong net additions in the quarter. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
