- Telenor’s second-quarter revenue was NOK19.94 billion, falling short of the estimated NOK20.22 billion.
- Annual revenue experienced a slight decline of 1.4% year-over-year.
- The company’s net income was NOK2.54 billion, surpassing the estimate of NOK2.4 billion.
- Organic revenue saw a growth of 1%.
- Capital expenditure for the quarter was notably higher at NOK3.07 billion, compared to the estimated NOK2.27 billion.
- Adjusted EBITDA came in at NOK8.79 billion, just above the estimate of NOK8.78 billion.
- Service revenue was NOK16.3 billion, slightly exceeding the forecast of NOK16.25 billion.
- Organic service revenue increased significantly by 4.5%.
- Analyst ratings include 15 buys, 9 holds, and 2 sells.
A look at Telenor ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Telenor ASA‘s long-term outlook appears to be fairly positive. The company received solid scores across the board, with a moderate rating for Value, Dividend, Growth, Resilience, and Momentum. Telenor ASA, an international telecommunications company, operates in multiple markets providing telecommunication, data, and media services. With mobile operations in 13 markets spanning across regions like the Nordic countries, Central and Eastern Europe, and Asia, Telenor ASA also offers fixed telephony, broadband, and TV services in the Nordic region. This diverse presence in various markets positions Telenor ASA for potential growth and stability in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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