- Telenor’s first quarter revenue was NOK 19.71 billion, slightly below the estimate of NOK 19.74 billion.
- The Nordic region contributed NOK 14.15 billion to the total revenue, just shy of the NOK 14.2 billion estimate.
- In Sweden, revenue stood at NOK 3.17 billion, slightly under the projected NOK 3.21 billion.
- Denmark exceeded expectations with a revenue of NOK 1.52 billion, compared to the NOK 1.49 billion estimate.
- Finland’s revenue came in at NOK 3.21 billion, aligning closely with the estimate of NOK 3.2 billion.
- In Asia, Telenor outperformed with NOK 4.86 billion in revenue, against an estimate of NOK 4.61 billion.
- Bangladesh revenue was NOK 3.48 billion, falling short of the NOK 3.58 billion estimate.
- Pakistan revenue outperformed with NOK 1.31 billion, above the NOK 1.26 billion estimate.
- The EBITDA margin was recorded at 43.9%, narrowly missing the 44.1% estimate.
- Net income was NOK 2.19 billion, below the expected NOK 2.37 billion.
- Pretax profit reached NOK 3.80 billion.
- Capital expenditure for the quarter was NOK 2.53 billion, lower than the anticipated NOK 2.74 billion.
- Adjusted EBITDA amounted to NOK 8.64 billion.
- Service revenue stood at NOK 16.1 billion, surpassing the NOK 15.93 billion estimate.
- Organic service revenue grew by 2.1% year-over-year.
- For the year 2025, Telenor forecasts an adjusted free cash flow of approximately NOK 13 billion.
- Nordic service revenues are expected to see low single-digit organic growth in 2025.
- EBITDA growth in the Nordics is projected to be in the mid-single-digit range for 2025.
- In 2025, capital expenditure excluding leases for the Nordic business is projected to account for around 14% of revenues.
- The group anticipates low-to-mid single-digit organic growth in EBITDA for 2025.
- Analyst recommendations include 14 buys, 9 holds, and 3 sells.
A look at Telenor ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Telenor ASA shows a promising long-term outlook. The company scores high on Growth and Momentum, indicating favorable prospects for future expansion and market performance. Additionally, Telenor ASA demonstrates strength in Dividend and Resilience, offering investors potential stability and steady returns. While the Value score is not as high as the other factors, the overall combination of scores suggests a well-rounded performance for the company.
Telenor ASA, an international telecommunication provider operating in multiple regions, including the Nordic region, Central and Eastern Europe, and Asia, offers a range of services spanning telecommunication, data, and media. With mobile operations in 13 markets and additional fixed telephony, broadband, and TV services in the Nordic region, Telenor ASA exhibits a diverse market presence that may contribute to its overall resilience and growth potential in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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