Key figures
Fourth quarter | Full year | |||
NOK in million | 2024 | 2023 | 2024 | 2023 |
Service revenues | 16,266 | 16,116 | 64,520 | 62,567 |
Organic service revenue growth (%) | 1.1 % | 5.2 % | 3.3 % | 4.0 % |
Total Revenues | 20,498 | 20,934 | 79,928 | 80,452 |
Organic revenue growth (%) | (0.6) % | 3.7 % | 0.6 % | 3.3 % |
Operating expenses | (7,195) | (7,282) | (27,217) | (26,832) |
EBITDA before other income and other expenses | 8,479 | 8,467 | 34,980 | 34,564 |
Organic EBITDA growth (%) | 2.0 % | 3.9 % | 3.5 % | 2.8 % |
Operating profit | 3,750 | 3,769 | 18,623 | 16,964 |
Net income from associates and joint ventures | (96) | (8,198) | 7,584 | (8,466) |
Net income attributable to equity holders of Telenor ASA | 1,735 | (7,683) | 19,107 | 13,734 |
Capex excl. lease | 3,918 | 3,094 | 12,948 | 12,731 |
Free cash flow before M&A | 3,073 | 4,920 | 11,366 | 9,489 |
Total Free cash flow | 2,971 | 5,525 | 13,255 | 15,003 |
Leverage | 2.4x | 2.2x | 2.4x | 2.2x |