Norwegian telecoms operator Telenor reports fourth-quarter core profit in line with expectations

Telenor’s Fourth Quarter Results

Telenor, the Norwegian telecoms operator, has reported fourth-quarter core operating earnings that are in line with expectations. The company has also stated that it expects low single-digit organic sales growth in Nordic service revenues in 2024.

Increased Earnings

The adjusted earnings before interest, tax, depreciation, and amortization for October-December have risen to 8.5 billion crowns ($804.41 million) from 8.0 billion a year earlier. This comes as analysts in a company-provided poll on average had expected 8.6 billion.

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($1 = 10.5667 Norwegian crowns)