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VEON raised 2025 forecasts, reported strong Q3 results, and launched a $100M buyback.
VEON raised its 2025 outlook, projecting 16% to 18% local-currency EBITDA growth and 13% to 15% local-currency revenue growth, up from prior forecasts.
The company reported third-quarter 2025 revenue of $1.115 billion, a 7.5% year-on-year increase, and EBITDA rose 19.7% to $524 million, driven by a 63.1% surge in direct digital revenue, which now accounts for 17.8% of total revenue.
VEON also announced a $100 million buyback program, improved its financial position with net debt to EBITDA at 1.13x, and confirmed it no longer faces substantial doubt about its ability to continue as a going concern.
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VEON elevó las previsiones de 2025, informó fuertes resultados del tercer trimestre y lanzó una recompra de $ 100 millones.