US · Communication Services · Telecom Services
EPS came in at 1.69 against a street estimate of 1.59 — a beat of 6.3%.
Analysts rate VEON Ltd a strong buy (5 buy, 0 hold, 0 sell out of 5) with an average price target of $86.87.
CONFIDENT VEON raised FY26 guidance on strong digital growth (53.6% revenue, 66.2% EBITDA) and margin expansion. Digital now 27% of revenue with 36% EBITDA margin. Telecom stable; $183M share buybacks announced with $100M minimum annual commitment. Q2 FY26 All five markets grew revenue. Kazakhstan faced 6% VAT hike, smartphone bundling revenue recognition timing, and margin pressure (-7-9% YoY). Bangladesh impacted by energy outages (15% data reduction) but World Cup monetization ($12M digital contribution) and fintech pipeline offset. Pakistan and Ukraine executing reliably. Analysts pressed on guidance magnitude vs prior quarter caution (Paton), digital returns on capital evolution (Paton), Kazakhstan margin durability (Findlay), and multiplay penetration headroom (Mostafa). Management attributed raises to organic execution, digital margin outperformance, and macro stability vs Q1 conc…
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| Fund | Stake |
|---|---|
| Exor Investments (UK) LLP | 7.65% |
| Shah Capital Management | 6.75% |
| Solus Alternative Asset Management LP | 1.29% |
| Wellington Management Company LLP | 1.13% |
| Morgan Stanley - Brokerage Accounts | 1.09% |
| Panview Capital Ltd | 0.92% |
| VR Advisory Services Ltd | 0.87% |
| Pictet Asset Manangement SA | 0.41% |
| Document | Date |
|---|---|
| Current report (6-K) · Q3 2026 OTHER NOTABLE POINTS • VEON Ltd. filed a Form 6-K with the U.S. Securities and Exchange Commission for September 2026. • The filing states that VEON | 2026-09-23 |
| Quarterly results (6-K) · Q2 2026 HEADLINE NUMBERS • 2Q26 total revenue was USD 1,271 million, up 17.0% YoY; 1H26 revenue was USD 2,472 million, also up 17.0%. • 2Q26 EBITDA was USD | 2026-07-31 |
| Current report (6-K) · Q2 2026 HEADLINE NUMBERS • VEON serves more than 151 million customers across Pakistan, Ukraine, Kazakhstan, Uzbekistan and Bangladesh. • The company provid | 2026-07-31 |
| Report of foreign private issuer (6-K) · Q2 2026 HEADLINE NUMBERS • The document is a Form 6-K filing by VEON Ltd. dated June 17, 2026. • The filing contains one exhibit: “Tender Offer Final Result | 2026-06-17 |
| Report of foreign private issuer (6-K) · Q2 2026 HEADLINE NUMBERS • VEON MidCo B.V. announced early results for its cash tender offer for the U.S.$1,013,973,000 3.375 per cent. Notes due 2027. • U. | 2026-06-02 |
| Quarterly results (6-K) · Q1 2026 HEADLINE NUMBERS • Q1 2026 revenue was US$1,201 million, up from US$1,026 million in Q1 2025, an increase of approximately 17%. • Operating profit r | 2026-05-14 |
| Quarterly results (6-K) · Q1 2026 HEADLINE NUMBERS • 1Q26 revenue was USD 1,201 million, up 17.0% YoY. • EBITDA was USD 517 million, up 17.7% YoY; EBITDA margin increased to 43.0% f | 2026-05-13 |
| Annual report FY2025 (20-F) HEADLINE NUMBERS • VEON filed its Form 20-F for the fiscal year ended December 31, 2025, with audited consolidated financial statements prepared unde | 2026-03-16 |
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Open in the appGoogle PlayApp StoreData updated 2026-10-18.