Veon lifts 2025 outlook as digital services expand in Pakistan, other key markets

Telecoms group Veon on Monday raised its full-year profit outlook for 2025, citing growing demand for its digital services. The company now expects adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow by 16 percent to 18 percent, up from its previous forecast of 14 percent to 16 percent, which was revised during the second quarter. Veon posted third-quarter adjusted EBITDA of $524 million, up 20 percent year-on-year, as revenue grew 7.5 percent to $1.12 billion.

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