Telenor ASA (TELNY) Q1 2026 Earnings Call Transcript
Telenor ASA reported steady performance in Q1 2026 despite external challenges, including supply chain disruptions from the closure of the Strait of Hormuz impacting its operations in Asia. The company achieved 1.6% organic service revenue growth and 3.1% EBITDA growth, with free cash flow before M&A at NOK 2.1 billion. Leadership emphasized continued strategic execution amid macroeconomic pressures. The earnings call included updates on regional performance and financial outlook.
- ▪Telenor ASA reported 1.6% organic service revenue growth for Q1 2026.
- ▪Adjusted EBITDA grew 3.1% year-on-year in the first quarter of 2026.
- ▪Free cash flow before M&A was NOK 2.1 billion in the quarter.
- ▪Geopolitical disruptions, including the closure of the Strait of Hormuz, affected supply chains and consumer costs in parts of Asia.
- ▪CEO Benedicte Fasmer highlighted ongoing strategic execution amid challenging macroeconomic conditions.
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