VEON April YTD 2024 Total revenue $1.278B, Up 8.6% YoY; EBITDA $528M, Up +2.1% YoY
Portfolio Pulse from Benzinga Newsdesk
VEON reported a total revenue of $1.278 billion for April YTD 2024, marking an 8.6% increase year-over-year. EBITDA also rose by 2.1% to $528 million. The company has appointed UHY LLP as auditors for its 2023 PCAOB audit.
May 31, 2024 | 6:38 am
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POSITIVE IMPACT
VEON reported strong financial results for April YTD 2024 with an 8.6% increase in total revenue and a 2.1% rise in EBITDA. The appointment of UHY LLP as auditors for the 2023 PCAOB audit is also noteworthy.
The significant year-over-year growth in revenue and EBITDA is a positive indicator for VEON's financial health. The appointment of UHY LLP as auditors adds a layer of corporate responsibility and governance, which could further boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100