Telenor's earnings call highlighted strong performance in the Nordics with significant earnings growth and strategic M&A activities. However, challenges in Pakistan and Bangladesh, along with increased CapEx and cash flow concerns, present notable issues. Overall, the positive achievements in the Nordics and Asia outweigh these challenges.

Company Guidance

In the recent Telenor call, the company delivered robust second-quarter results, highlighting several key metrics. The Nordics experienced a significant EBITDA growth of 12.5%, driven by a 16.1% surge in Norway, marking a decade-high performance. This was attributed to a 3.7% rise in service revenue, supported by ARPA growth and positive subscriber trends across Sweden, Denmark, and Finland. Adjusted EPS saw a 33% increase, reaching NOK 2.22, while service revenues hit NOK 16.5 billion, up 2.9% year-over-year. The group's CapEx to sales ratio was 13.5%, with a leverage ratio of 2.4x. Free cash flow before M&A totaled NOK 1.6 billion for the quarter. Telenor reiterated its top-line, CapEx, and free cash flow outlook for 2025, revising the EBITDA guidance upward to reflect high single-digit growth in the Nordics and mid-single-digit growth for the group.

Exceptional Performance in the Nordics

The Nordics showed a remarkable 12.5% EBITDA growth with Norway achieving a 16.1% increase, which is the highest level seen in over a decade. This growth is attributed to a strategic focus on operational efficiencies and a strong commercial strategy.

Significant EPS Growth

Adjusted EPS grew by 33% in the quarter, driven by strong EBITDA performance and increased contributions from associates and joint ventures.

Successful M&A Activity

Telenor announced the acquisition of GlobalConnect's consumer fiber business in Norway, increasing their fiber market share from 22% to 29%.

Positive Developments in Asia

Despite challenging environments, Telenor's operations in Asia, particularly in Thailand and Malaysia, showed positive performance, with True Corp reporting a positive net profit for the first time.

Telenor ASA (TELNY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TELNY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.24 / -	0.208	―	―	―
Jul 18, 2025	2025 (Q2)	0.20 / 0.22	0.17	28.82% (+0.05)
May 06, 2025	2025 (Q1)	0.16 / 0.19	0.763	-75.10% (-0.57)
Feb 06, 2025	2024 (Q4)	0.12 / 0.13	-0.521	123.99% (+0.65)
Oct 30, 2024	2024 (Q3)	0.18 / 0.21	0.171	21.64% (+0.04)
Jul 18, 2024	2024 (Q2)	0.15 / 0.17	0.07	142.86% (+0.10)
Apr 30, 2024	2024 (Q1)	0.14 / 0.76	-0.041	1960.98% (+0.80)
Feb 07, 2024	2023 (Q4)	0.12 / -0.52	0.303	-271.95% (-0.82)
Oct 25, 2023	2023 (Q3)	0.16 / 0.17	0.096	78.13% (+0.08)
Jul 20, 2023	2023 (Q2)	0.15 / 0.07	-0.081	186.42% (+0.15)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TELNY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 18, 2025	$15.60	$16.03	+2.76%
May 06, 2025	$14.80	$14.97	+1.15%
Feb 06, 2025	$12.10	$12.27	+1.40%
Oct 30, 2024	$11.70	$12.32	+5.30%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Telenor ASA (TELNY) report earnings?

Telenor ASA (TELNY) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Telenor ASA (TELNY) earnings time?

Telenor ASA (TELNY) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TELNY EPS forecast?

TELNY EPS forecast for the fiscal quarter 2025 (Q3) is 0.24.

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