VEON Ltd. (VEON) Form 6-K — Nov 6, 2026
VEON reported 3Q26 revenue of USD 1,307 million, up 17.2% YoY, with EBITDA up 10.1% to USD 577 million and net profit of USD 225 million (diluted EPS of USD 2.67 per ADS versus a loss a year ago). Digital revenue jumped 45.9% YoY to USD 355 million, reaching 27.2% of group revenue. Management raised the midpoint of full-year 2026 guidance, now expecting revenue growth of 16%-18% YoY (previously 15%-18%) and EBITDA growth of 10%-12% (previously 9%-12%), with capex intensity ex-Ukraine unchanged at 15%-17%.
Key figures
- Eps
- 2.67
- Revenue
- 1307000000
- Guidance
- 2026 revenue growth raised to 16%-18% YoY (from 15%-18%); EBITDA growth raised to 10%-12% YoY (from 9%-12%); capex intensity excl. Ukraine unchanged at 15%-17%
- Net Income
- 225000000
- Total Debt
- 5162000000
- Revenue Yoy
- 17.2%
- Cash Position
- 2033000000
- Buyback
- 1.55m ADSs repurchased for USD 112.5m under 2.9m ADS (~3.9% of shares) program; 1.08m ADSs (1.5%) cancelled Oct 20, 2026
- Ebitda q3
- USD 577 million (+10.1% YoY)
- 9m26 ebitda
- USD 1,645 million (+11.0% YoY)
- 9m26 revenue
- USD 3,779 million (+17.1% YoY)
- Ebitda margin q3
- 44.1%
- Digital ebitda q3
- USD 128 million (+54.5% YoY), 36.0% margin
- Free cash flow q3
- USD 201 million (-33.8% YoY; +91.8% ex-asset disposal proceeds)
- Digital revenue q3
- USD 355 million (+45.9% YoY), 27.2% of group revenue
- Net debt ex leases
- USD 1,781 million; leverage 1.05x net debt ex-leases/LTM EBITDAaL
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