VEON - VEON Posts 6.6% Revenue Growth In Q1 Driven By Digital Operator Strategy: Details | Benzinga
VEON Ltd (NASDAQ:VEON) reported first-quarter FY24 sales growth of 6.6% year-on-year to $942 million (+11.6% Y/Y in local currency) compared to $884 million last year.
Total service revenue increased by 5.5% Y/Y to $903 million. Total digital monthly active users across all VEON digital services and platform jumped 40% to 111 million.
First-quarter EBITDA increased by 0.2% Y/Y to $386 million, with an EBITDA margin of 41%, down by 260 basis ...