We will be a virtual fireside chat for NSR clients with VEON's CEO, Kaan Terzioğlu on Wednesday, 9th April. Format will be a small group, with the focus on Q&A.
VEON is a compelling EM play as it is uniquely positioned with greater exposure to Digital assets such as FinTech, Content and Healthcare than equivalent peers. With the stock trading at 3.9x FY25 EV/EBITDA, we see significant re-rating opportunity ahead, driven by multiple catalysts in the horizon. These include ongoing asset disposals as it transitions to an asset-light model, share buybacks and the anticipated NASDAQ listing of its Ukraine arm, Kyivstar. Although Bangladesh is still challenged by the civil unrest, VEON's key markets – Pakistan and Kazakhstan – remain healthy, and Ukraine is showing encouraging recovery. The stock sits highly on our GEM Top-10 picks. We encourage investors to hear directly from the CEO on how VEON is executing on its 2027 growth ambition.
Communications Events
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Mar
26CommunicationsMarch 26, 2025 – March 27, 2025 — March 26th NYC, March 27th LondonHosted by Jonathan Chaplin, James Ratzer, Chris Hoare and Soomit DattaEvent Details -
Mar
31CommunicationsMarch 31, 2025 — VirtualHosted by Chris HoareEvent Details
