Telenor Cautions on Guidance Amid Spike in Energy Prices
20 Septembre 2022 - 8:33AM
Dow Jones News
By Dominic Chopping
Telenor ASA on Tuesday cautioned that the energy price
development over the last couple of months makes it increasingly
difficult to reach its guidance for flat earnings before interest,
tax, depreciation and amortisation in 2022.
The Norwegian telecommunications provider also presented new
mid-term financial targets. It said that between 2023 and 2025 it
is targeting low to mid-single digit growth in Nordic service
revenues, mid-single digit growth in Nordic Ebitda and year-on-year
growth in dividend per share.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
September 20, 2022 02:18 ET (06:18 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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