VEON Ltd. (VEON) CEO Kaan Terzioglu on Q4 2021 Results - Earnings Call Transcript

Feb. 28, 2022 2:52 PM ETVEON Ltd. (VEON) StockVEON
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Q4: 2022-02-28 Earnings Summary

EPS of $2.41 misses by $0.59
 | Revenue of $2.05B (2.70% Y/Y) beats by $35.21M

Call Start: 08:00 January 1, 0000 8:55 AM ET

VEON Ltd. (NASDAQ:VEON)
Q4 2021 Earnings Conference Call
February 28, 2022 08:00 ET

Company Participants

Nik Kershaw - Group Director of Investor Relations
Kaan Terzioglu - Chief Executive Officer
Serkan Okandan - Group Chief Financial Officer

Conference Call Participants

Alastair Jones - Renaissance Capital
Cesar Tiron - Bank of America
Ivan Kim - Xtellus Capital
Stella Cridge - Barclays Bank

Nik Kershaw

Welcome to the VEON's Fourth Quarter Results presentation for the period ending December 31, 2021. I'm Nik Kershaw, VEON's Group Director of Investor Relations. I'm pleased to join in the room today by Kaan Terzioglu, our Group CEO; as well as Serkan Okandan, our group CFO and Alex Bolis, Head of Corporate Strategy. Today's presentation will begin with an operational overview from Kaan, followed by the financial review from Serkan. Then Kaan will come back. As always, we will ensure that there is ample time for your questions but we would ask that you save these for the end of the presentation.

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 relate in part to the company's anticipated performance and operational guidance, future market developments and trends, operational and network development and network investments and the company's ability to realize it's targets and commercial and strategic initiatives, including current and future transactions. Certain factors may cause actual results to differ materially from those in the forward-looking statements, including the risks detailed in the company's annual report on Form 20-F and other recent public filings made by the company with the SEC. The earnings release and the presentation, each of which includes reconciliations of non-IFRS financial measures presented today can be downloaded from our website.

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