VEON Reports Strong 2025: Revenues Up 9.9%, EBITDA Up 18.8%, Kyivstar Successfully Lists on Nasdaq
Summary
VEON Ltd. announced its 2025 Integrated Annual Report, revealing a transformative year with robust financial performance and strategic milestones. The company reported a 9.9% year-on-year increase in Group revenues to USD 4,399 million and an 18.8% rise in EBITDA to USD 2,009 million, reflecting strong digital momentum. A significant highlight was the successful listing of its subsidiary, Kyivstar (KYIV), on Nasdaq, marking a key capital markets event. VEON also achieved a milestone where digital service customers surpassed connectivity users for the first time, with direct digital revenues growing by 62.5%. The report further detailed advancements in sovereign AI initiatives and strengthened ESG foundations. This comprehensive report indicates strong operational execution and strategic growth, particularly in its digital transformation and the successful public offering of Kyivstar.
At the time of this announcement, VEON was trading at $55.39 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $34.55 to $64.00. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.