Revenue rose 1.3% to NOK 19,706 million (19,457). The result can be compared with the company's analyst consensus of 19,640. Organic sales growth was 2.2% (2).
Service revenue amounted to NOK 16,113 million (15,773). The expected figure was 15,936 million. Organic growth in service revenue was 2.1 percent.
EBITDA was NOK 8,443 million (9,788), compared with the expected figure of 8,558, with an EBITDA margin of 42.8 percent (50.3).
Adjusted EBITDA amounted to NOK 8,641 million (8,505), compared with the expected figure of 8,671, with an adjusted EBITDA margin of 43.8 percent (43.7).
Profit after tax amounted to NOK 2,521 million (12,201).
Profit after tax attributable to the parent company's shareholders amounted to NOK 2,194 million (11,560), analyst consensus 2,428.
The targets for 2025 are reiterated.
| Telenor, MNOK | Q1-2025 | Consensus | Change vs. consensus | Q1-2024 | Change |
| Net sales | 19,706 | 19,640 | 0 | 19,457 | 1 |
| Organic sales growth, percent | 2.2 | 2 | 10 | ||
| EBITDA | 8,443 | 8,558 | - | 9,788 | - |
| EBITDA margin | 42 | 43. | 50.3 | ||
| Adjusted EBITDA | 8,641 | 8,671 | - | 8,505 | 1 |
| Adjusted EBITDA margin | 4 | 44.1 | 4 | ||
| Net profit | 2,521 | 12,201 | - | ||
| Net income attributable to parent company | 2,194 | 2,428 | - | 11,560 | - |
