VEON Ltd. (VEON) Q1 2024 Earnings Call Transcript

VEON Ltd. (NASDAQ:VEON) Q1 2024 Earnings Conference Call May 16, 2024 8:00 AM ET

Company Participants

Faisal Ghori – Head of IR
Kaan Terzioglu – CEO
Joop Brakenhoff – CFO

Faisal Ghori

Good afternoon and good morning to everyone. And thank you for joining us today for VEON’s first quarter results presentation for the period ending March 31st, 2024. I’m Faisal Ghori, Head of Investor Relations. I’m pleased to be joined in the room today by Kaan Terzioglu, our Group CEO, along with Joop Brakenhoff, our Group CFO.

Today’s presentation will begin as usual with the key business highlights and business updates from Kaan, following discussion of detailed financial results by Joop, we will then open up the line for Q&A. Before getting started, I would like to remind you that we may make forward-looking statements during today’s presentation, which involve certain risks and uncertainties. These statements relating, partly to the company’s anticipated performance and guidance for 2024, future market developments and trends, operational network developments, and network investment, and the company’s ability to realize its targets and commercial strategic initiatives, including current and future events.

Certain factors may cause actual results to differ materially from those in the forward-looking statements, including the risk detailed in the company’s annual report on the Form 20-F and the other recent public filings made by the company with the SEC. The earnings release and the earnings presentation, each of which include reconciliation of non-IFRS measures presented today, can be downloaded from our website. We also note that today’s presentation will include ratings from credit rating agencies. A rating is not a recommendation to buy, sell, or hold securities and may be subject to revision or withdrawal at any time.

With that let me hand it over to Kaan.

Kaan Terzioglu

Thank you Faisal. Good