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Veon raises dividend as H1 results track ahead of FY growth outlook

2019-08-01 08:42:00| Telecompaper Headlines

(Telecompaper) Veon reported second-quarter results ahead of its full-year outlook. Organic revenues rose 7.5 percent, and adjusted EBITDA was up 11.1 percent, compared to a forecast for low single-digit growth in revenue and low to mid single-digit growth in EBITDA. The growth was supported mainly by the operations in Pakistan and Ukraine, offsetting flat results in Russia and declines in Algeria and Uzbekistan. 

Tags: results track growth ahead

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