- Telenor’s EBITDA margin for the second quarter stands at 45.9%, exceeding last year’s 44.1% and surpassing the estimate of 44.5%.
- Revenue reached NOK20.32 billion, marking a 1.9% increase from the previous year and beating the estimate of NOK20.04 billion.
- Nordic region revenue totaled NOK14.71 billion, exceeding the estimated NOK14.54 billion.
- Norway’s revenue came to NOK6.68 billion, surpassing the NOK6.43 billion estimate.
- Sweden’s revenue was slightly below expectations at NOK3.26 billion, estimated at NOK3.35 billion.
- Denmark’s revenue met expectations at NOK1.51 billion, slightly above the estimate of NOK1.49 billion.
- Finland’s revenue reached NOK3.24 billion, slightly surpassing the estimated NOK3.21 billion.
- In Asia, revenue was NOK4.81 billion, higher than the estimated NOK4.76 billion.
- Bangladesh recorded lower revenue at NOK3.48 billion, under the NOK3.56 billion estimate.
- Pakistan’s revenue exceeded expectations at NOK1.26 billion, compared to the forecasted NOK1.19 billion.
- Net income climbed 47% year-over-year to NOK3.73 billion, surpassing the estimated NOK2.83 billion.
- Pretax profit increased 23% year-over-year to NOK5.11 billion, exceeding the NOK4.32 billion estimate.
- Capital expenditure decreased by 11% to NOK2.74 billion, falling short of the expected NOK2.84 billion.
- Adjusted EBITDA rose 6% year-over-year to NOK9.32 billion, outperforming the NOK8.94 billion estimate.
- Service revenue amounted to NOK16.5 billion, exceeding the expected NOK16.39 billion.
- Organic service revenue showed a 2.9% increase.
- Forecasts indicate adjusted free cash flow of approximately NOK13 billion.
- Telenor now anticipates high single-digit organic growth in adjusted EBITDA in the Nordics, up from the previous mid-single-digit forecast.
- Plans to upgrade DNA’s market-leading fixed broadband infrastructure in Finland to an all-fibre network for housing association customers by 2028, with an investment of around NOK1.4 billion over the next three years.
- The group now foresees mid-single-digit organic growth in EBITDA, revised from low-to-mid-single-digit growth.
- CEO Benedicte Schilbred Fasmer cites strong performance in the first half of 2025 as the basis for raising the EBITDA growth outlook.
- Regarding market recommendations, there are 10 buys, 11 holds, and 3 sells.
Telenor ASA on Smartkarma
Analysts on Smartkarma, like Baptista Research, are closely covering Telenor ASA, a major player in the telecom industry. In a recent report titled “Telenor ASA: Initiation of Coverage- How Strategic M&A Moves Could Reshape Europe’s Telecom Battlefield!”, Baptista Research highlighted Telenor Group’s first-quarter earnings and strategic updates. The Group’s focus on promoting stability in uncertain times, enhancing digital infrastructure to meet growing demands, and launching new services like Splitt in the Nordics demonstrates a strategic approach amidst industry challenges.
Baptista Research‘s bullish sentiment towards Telenor ASA suggests optimism regarding the company’s future potential in the telecom sector. As more independent analysts contribute valuable insights on platforms like Smartkarma, investors gain a comprehensive view of Telenor ASA‘s performance and strategic direction, helping them make informed decisions in the dynamic market environment.
A look at Telenor ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Analysts have assessed Telenor ASA‘s long-term outlook using the Smartkarma Smart Scores across key areas. The company has achieved a solid overall score, indicating a positive outlook going forward. With respectable scores in key areas such as Dividend, Growth, Resilience, and Momentum, Telenor ASA appears to be well-positioned to weather market fluctuations and capitalize on growth opportunities. As an international provider of telecommunication, data, and media services, Telenor ASA‘s diverse operations across several markets in Europe and Asia contribute to its stability and growth potential.
Telenor ASA‘s strengths in areas like Dividend payouts, Growth potential, and Resilience to market challenges underscore its ability to generate returns for investors over the long term. With a strong foothold in mobile operations spanning multiple regions and a range of services including fixed telephony and broadband, Telenor ASA demonstrates a commitment to innovation and adaptability in the evolving telecommunications industry.
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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