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Veon sees organic sales, EBITDA flat to slightly higher in 2018

2018-02-22 07:45:00| Telecompaper Headlines

(Telecompaper) Veon reported a net loss and small drop in sales and EBITDA in the fourth quarter, hurt by negative currency effects and weakness in markets such as Algeria and Bangladesh. On an organic basis, the company saw a small increase in results and said it expects flat to low single-digit growth in sales and EBITDA in 2018. After an improvement in cash flow, the company confirmed a 22 percent increase in its annual dividend. 

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