Dubai-based Veon's core profit up 19% on digital services growth

Reuters03-13

March 13 - Digital services operator Veon VEON.O on Friday reported core profit that was up around 19% for its full year, driven by higher demand for digital services.

Its earnings before interests, taxes, depreciation, amortization (EBITDA) came in at 2 billion euros. Veon said its digital services revenues grew 62.5% in a year, now making up 17.3% of the group's income.

(Reporting by Leo Marchandon in Gdansk)

((leo.marchandon@thomsonreuters.com))

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