Telenor targets low-to-mid single-digit growth in Nordic core earnings until 2030

5 days ago 4

Reuters

Tue, November 11, 2025 astatine 5:23 AM CST 1 min read

(Reuters) -Norway's Telenor expects its integrated halfway net from the Nordic ​region to turn by a low-to-mid ‌single-digit percent per twelvemonth until 2030, the telecom relation ‌said connected Tuesday up of its capitalist day.

Growth successful net earlier interest, taxes, depreciation and amortisation volition beryllium supported by unchangeable oregon declining operating costs, Telenor ⁠added.

It besides expects ‌yearly integrated work gross successful the Nordic countries, which signifier its halfway concern region,‍ to turn by a debased single-digit percent connected mean until 2030.

For 2026, it estimated mid-single-digit integrated ​EBITDA maturation for the Nordics, and said it ‌would supply a afloat yearly guidance erstwhile it reports fourth-quarter results successful February.

As of the extremity of September, Telenor had recorded integrated halfway nett maturation of 8.8% successful the Nordics. It has ⁠guided for 8–9% ​growth for the afloat year.

"For ​2026, statement Nordic EBITDA estimates request to determination higher to align with (the ‍mid-single-digit)⁠ guidance," analysts from J.P. Morgan said successful a probe note.

Telenor's ⁠policy of annually expanding dividends per stock remains unchanged, it ‌said.

(Reporting by Elviira Luoma successful Gdansk, ‌editing by Milla Nissi-Prussak)


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