Telenor Q4 core profit in line with expectations

FILE PHOTO: Telenor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File photo

OSLO: Norwegian telecoms operator Telenor on Wednesday reported fourth-quarter core operating earnings in line with expectations and said it expected low single-digit organic sales growth in Nordic service revenues in 2024.

Adjusted earnings before interest, tax, depreciation and amortisation for October-December rose to 8.5 billion crowns ($804.41 million) from 8.0 billion a year earlier, while analysts in a company-provided poll on average had expected 8.6 billion. - Reuters