Telenor Group is a leading telecommunications company across the Nordics and Asia with 166 million customers and annual sales of around NOK 116 billion (2021).

Share price

0.79%
127.30
NOK
OSLO (OSE)
Last update: 13/12/2024 04:30 pm (CET)

Credit rating

Moodys: Baa1

S&P : A-

Leverage target

1.8-2.3x Net interest bearing debt to EBITDA

Dividend Policy

Telenor aims for year-on-year growth in ordinary dividends per share. Telenor pays semi-annual dividends. Buy-back of own shares and / or extraordinary dividend pay-outs will be evaluated on a case by case basis.

Dividend history

Key figures Telenor Group

Key figures Telenor Group*

Year

NOK in million

2022

2021

Revenues

98 953

97 153

Organic revenue growth (%)

2.8

0.6

Service revenues

74 957

74 055

Organic service revenue growth (%)

1.9

0.1

EBITDA before other income and other expenses

42 374

42 656

Organic EBITDA growth (%)

0.5

0.1

EBITDA before other income and other expenses/Revenues (%)

42.8

43.9

Net income attributable to equity holders of Telenor ASA

44 913

1 528

Capex excl. licences and spectrum

16 728

16 277

Total Capex

21 319

20 646

Free cash flow before M&A

9 865

11 015

Total Free cash flow

10 604

12 669

Mobile subscriptions - Change in quarter/Total (mill.)

158.3

161.9

*) With effect from the fourth quarter of 2022, Digi in Malaysia is classified as discontinued operations, see note 4. As a consequence, the relevant figures, except for the net income and free cash flow, in the table above and throughout the report excludes Digi.