Veon FY Net Income At EUR 414 Mln

March 20 (Reuters) - VEON Ltd VEON-RX.MM:

• FY EBITDA GROWTH OF 4.9% YOY TO USD 1,691 MILLION (+12.0% YOY IN UNDERLYING LOCAL CURRENCY TERMS)

• EQUITY FY FREE CASH FLOW OF USD 403 MILLION

• FY REVENUE $4,004 MILLION

• FOR FY25, VEON IS GUIDING FOR UNDERLYING LOCAL CURRENCY GROWTH FOR TOTAL REVENUE OF 12% - 14% YOY

• FOR FY25, VEON IS GUIDING UNDERLYING EBITDA GROWTH OF 13% - 15% YOY

• FY25 OUTLOOK FOR CAPEX INTENSITY IS IN RANGE OF 17%-19%

• OUTLOOK FOR GROUP'S CAPEX INTENSITY IS IN RANGE OF 17%-19% FOR 2025

• WILL ALSO SHORTLY COMMENCE SECOND PHASE OF ITS PREVIOUSLY ANNOUNCED SHARE BUYBACK PROGRAM IN AMOUNT OF UP TO USD 35 MILLION

• FY NET INCOME ATTRIBUTABLE TO VEON SHAREHOLDERS EUR 414 MILLION