Norway’s Telenor Q2 earnings beat forecasts, reiterates outlook

2022.07.19 08:21

FILE PHOTO: Telenor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

OSLO (Reuters) – Norwegian telecoms operator Telenor on Tuesday reported second-quarter earnings slightly above forecasts and reiterated its outlook.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for April-June rose 1.2% year-on-year to 12.5 billion crowns ($1.24 billion), while analysts in a poll compiled by the company on average had expected 12.0 billion.

Source