Kyivstar-parent VEON reports quarterly revenue growth, confirms 2025 outlook

Reuters

2025/05/15

May 15 (Reuters) - VEON VEON-RX.MM, VEON.O reported a 9% growth in its quarterly revenue on Thursday, supported by increasingly robust direct digital revenue growth.

The parent of Ukraine's Kyivstar and Bangladesh's Banglalink said its revenue was $1 billion in the first quarter, with an EBITDA growth of 13.7% in reported currency to $439 million.

The group confirmed its outlook for 2025.

(Reporting by Leo Marchandon; Editing by Mrigank Dhaniwala)

((Leo.Marchandon@thomsonreuters.com;))

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