Telenor
kr 127.80Change from previous close: +0.71%Absolute change: +kr 0.90
At a glance
- Revenue growth
- +1.41%
- 2025 vs 2024
- Net income growth
- −61.64%
- 2025 vs 2024
- Net margin
- 9.2%
- 2024: 24.3%
Financial data
Amounts in millions of NOK; per-share values in NOK; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 31,222 | 31,481 | 29,120 | 39,222 | 42,272 |
| Depreciation and amortization | 13,742 | 13,357 | 14,081 | 14,895 | 20,788 |
| Capital expenditure | -11,338 | -12,929 | -14,728 | -19,298 | -19,447 |
| Investing cash flow | -9,838 | -11,486 | -18,297 | -23,145 | -17,228 |
| Financing cash flow | -15,202 | -29,391 | -1,534 | -23,984 | -27,903 |
| Dividends paid | -13,135 | -13,082 | -13,017 | -13,015 | -12,595 |
| Share repurchases | -195 | -1,971 | -1,719 | -27.0 | — |
| Debt issued | 18,079 | 6,278 | 20,091 | 20,956 | — |
| Debt repaid | -13,494 | -13,877 | -11,068 | -21,044 | — |
| Effect of exchange rates | -27.0 | -78.0 | 612 | 600 | -245 |
| Net change in cash | 6,155 | -9,474 | 9,902 | -7,308 | -3,103 |
| Free cash flow | 19,884 | 18,552 | 14,392 | 19,924 | 22,825 |
| Levered free cash flow | 14,736 | 16,383 | 5,146 | 5,346 | 17,328 |