VEON raises 2026 revenue and EBITDA outlook after strong Q3 results
VEON reported third‑quarter 2026 revenue of $1.307 billion, up 17.2% year‑on‑year, and EBITDA of $577 million, up 10.1%. Digital services revenue jumped 45.9% to $355 million, representing 27.2% of total sales. The company lifted the midpoint of its full‑year 2026 revenue growth guidance to 16‑18% from 15‑18% and its EBITDA growth guidance to 10‑12% from 9‑12%, while repurchasing 1.55 million ADS for $112.5 million.
Why it matters
The raised outlook signals higher expected earnings growth for 2026, which may support VEON’s share price and valuation (the company notes the outlook increase). The continued buyback program and recent acquisitions suggest ongoing capital returns and strategic expansion for investors.
Key facts
- 1Q3 2026 revenue was $1.307 billion, a 17.2% YoY increase. stocktitan.net
- 2Q3 2026 EBITDA was $577 million, a 10.1% YoY increase. stocktitan.net
- 3Digital services revenue grew 45.9% YoY to $355 million, equal to 27.2% of group revenue. stocktitan.net
- 4Mid‑point of 2026 revenue growth outlook raised to 16‑18% YoY (previously 15‑18%). stocktitan.net
- 5Mid‑point of 2026 EBITDA growth outlook raised to 10‑12% YoY (previously 9‑12%). stocktitan.net
- 6VEON repurchased 1.55 million ADS for $112.5 million. stocktitan.net
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.