VEON 2Q 20 - Management indicates no dividend payment for FY 20e
VEONs 2Q 20 results were below market estimates, and the company reinstated FY 20e guidance, expecting low- to mid-single-digit revenue and an EBITDA decline and operating capex/sales ratio of 22-24%. As such, dividend payment for FY 20e is unlikely, as indicated by the company.
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