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VEON Ltd (VEON)
NASDAQ:VEON
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.05Last Year’s EPS
0.96Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: 11.75%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong positive momentum with significant growth in revenue and digital services. VEON has achieved impressive market performance and strategic partnerships, though there are some challenges related to deconsolidation impacts and regulatory issues in Kazakhstan. The overall financial position has improved, contributing to a positive outlook.Company Guidance
During the call, VEON provided guidance for 2025, highlighting strong financial performance and strategic initiatives. For the first quarter of 2025, the company achieved a revenue growth of 8.9% in reported U.S. dollar terms and an EBITDA increase of 13.7%. In local currency terms, revenues grew by 12.9%, surpassing inflation rates and nominal GDP growth. The company emphasized the expansion of its digital services, with direct digital revenues increasing by 50.2%, now constituting 14.3% of total revenues. VEON's asset-light strategy is progressing, with a strategic partnership in Pakistan expected to unlock $563 million in value. The company also repurchased $23 million worth of shares and repaid $472 million of its bonds in April 2025. Looking forward, VEON reaffirmed its full-year guidance, projecting 12% to 14% revenue growth and 13% to 15% EBITDA growth in local currency terms, with a CapEx intensity of 17% to 19%.Strong Revenue and EBITDA Growth
VEON reported an 8.9% increase in revenue and a 13.7% rise in EBITDA year-over-year. Adjusting for the deconsolidation of TNS+, revenue growth was 11.7% and EBITDA grew by 15.5%.
Surge in Digital Revenues
Direct digital revenues grew by 50.2%, now representing 14.3% of total revenues, up from 10.4% last year.
Successful Strategic Partnerships
The strategic partnership with Engro Corporation in Pakistan is expected to unlock USD 563 million in value for VEON.
Positive Market Performance
Strong performance in several markets: Pakistan (20.3% revenue growth), Ukraine (20.2% revenue growth adjusting for cyberattack), and Uzbekistan (13.1% revenue growth).
Improved Financial Position
Net debt excluding leases decreased to $1.8 billion, with net debt-to-EBITDA ratio improving to 1.2x. Cash position improved to $1.8 billion.
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VEON Earnings History
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
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VEON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $48.95 | $54.92 | +12.20% |
Mar 20, 2025 | $45.94 | $45.04 | -1.96% |
Dec 13, 2024 | $37.09 | $36.47 | -1.67% |
Aug 30, 2024 | $26.67 | $26.67 | 0.00% |
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.
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FAQ
When does VEON Ltd (VEON) report earnings?
VEON Ltd (VEON) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is VEON Ltd (VEON) earnings time?
VEON Ltd (VEON) earnings time is at Aug 07, 2025, TBA Not 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 VEON EPS forecast?
VEON EPS forecast for the fiscal quarter 2025 (Q2) is 1.05.
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