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Telenor ASA Adjusts 2024 Financial Results Due to One-Time Effects

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Telenor ASA Adjusts 2024 Financial Results Due to One-Time Effects

The latest announcement is out from Telenor ( (GB:0G8C) ).

Telenor ASA’s Board of Directors has approved the annual accounts for 2024, noting a significant adjustment in the profit after tax due to one-time effects from associated companies. This adjustment reflects a reduction in the ‘share of profit after tax from associated companies and joint ventures’ by 772 million kroner, impacting the overall profit figures for the Telenor Group.

More about Telenor

Telenor ASA is a major telecommunications company that provides a range of services including mobile and fixed-line communications, broadband, and digital services. The company operates primarily in the Nordic region and Asia, focusing on delivering connectivity and digital services to its customers.

YTD Price Performance: 16.83%

Average Trading Volume: 213,612

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK203.2B

Learn more about 0G8C stock on TipRanks’ Stock Analysis page.

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