Telenor Group Outlook for 2017

Last updated 2 February 2017

2017
Organic revenue growth 1-2%
EBITDA margin Around 36%
Capex / sales 15-16%

Organic revenue growth in fixed currency, adj. for acquisitions and disposals.
EBITDA before other items. Capex excl. licence fees.

Mid-term financial ambitions (2018-2020)

  • Year-on-year low single-digit organic revenue growth
  • Net opex reductions of 1-3% per year
  • Capex/sales ratio around 15%, excl. licences
  • Year-on-year growth in dividend