Veon Ltd. Reports Net Profit and Revenue Growth in Q4

Veon Ltd. sees notable turnaround with Q4 profit of $81M, boosting investor confidence. As revenues grow 4.7%, equity value may rise significantly.

Date: 20-03-2025

AI Rating: 8

Fiscal Performance Analysis

Veon Ltd. has shown a remarkable improvement in its fiscal performance for the fourth quarter. The company's net profit attributable to shareholders reached $81 million compared to a significant loss of $3.57 billion in the previous year. This indicates a strong recovery and is likely to positively impact investor sentiment.

In addition, the company's EBITDA increased to $408 million, marking an 11.3 percent rise from last year's $367 million. This growth suggests efficient operational management and can improve the firm’s attractiveness in the market.

Total revenues also posted an increase of 4.7 percent, totaling $998 million, up from $953 million the previous year. Notably, revenues grew by 11.1 percent when measured in underlying local currency, which further reinforces the company's performance metrics.

Looking forward, Veon projects an underlying EBITDA growth of 13 to 15 percent for the fiscal year 2025, alongside a forecast of 12 to 14 percent growth in total revenues in local currency terms. Such projections indicate strong future earnings potential, which could drive further investment.

Furthermore, the announcement of a second phase share buyback program, valued at up to $35 million as part of an ongoing total buyback of $100 million, signals confidence from management regarding future cash flows and may enhance shareholder value through increased ownership concentration.

Stocks: VEON