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Veon sees underlying growth improve despite negative forex effects

2018-11-08 08:00:00| Telecompaper Headlines

(Telecompaper) Veon raised its full-year outlook, forecasting stronger growth in underlying revenue and EBITDA after a good third quarter. Reported results were still down in Q3 due mainly to negative currency effects, and the forex impact will also make its free cash flow target of USD 1 billion for the year "slightly challenging", the company said. 

Tags: improve effects growth negative

Category:Telecommunications

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