VEON FY24 and 4Q24 Trading Update: Strong Delivery in 2024, Digital Services Driving Growth

VEON Ltd. - American Depositary Shares (VEON)
US:NASDAQ Investor Relations:
veon.com/investor-relations
Company Research
Source: GlobeNewswire
VEON FY24 and 4Q24 Trading Update: Strong Delivery in 2024, Digital Services Driving Growth Dubai, March 20, 2025, 10:10 GST VEON FY24 Highlights Total revenue growth of 8.3% YoY to USD 4,004 million (+14.6% YoY in underlying local currency terms) EBITDA growth of 4.9% YoY to USD 1,691 million (+12.0% YoY in underlying local currency terms) Direct digital revenue growth of 63.0% YoY to USD 460 million (+64.1% YoY in local currency terms), representing 11.5% of revenues for the full year Total cash and cash equivalents and deposits of USD 1,691 million, with USD 481 million at headquarters (“HQ”); and gross debt at USD 4.4 billion (decreased by USD 311 million YoY), with net debt excluding lease liabilities at USD 1.9 billionEqu
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News
- VEON Returns to Capital Markets with Successful Syndication of USD 210 Million Term LoanGlobeNewswire
- VEON Appoints Anand Ramachandran as Corporate Development OfficerGlobeNewswire
- VEON Ltd. (NASDAQ: VEON) had its price target raised by analysts at Benchmark Co. from $56.00 to $60.00. They now have a "buy" rating on the stock.MarketBeat
- VEON and Airspan Sign MoU to Collaborate on Air-to-Land Network Solutions Supporting Ukraine’s ResilienceGlobeNewswire
- VEON Discloses Selected Key Financial Metrics About UklonGlobeNewswire
VEON
Sec Filings
- 3/27/25 - Form 6-K
- 3/24/25 - Form F-6
- 3/24/25 - Form 6-K
- VEON's page on the SEC website