October 25, 2017 / 8:24 AM / 2 months ago

BRIEF-Telenor CFO eyes 2017 EBITDA margin at high end of range

Oct 25 (Reuters) - Telenor Asa’s CEO Sigve Brekke and CFO Joergen Arentz Rostrup made the following statements during the company’s third-quarter earnings presentation on Wednesday:

* CFO: Expects some further cost reduction in Q4, gives confidence that EBITDA margin will end up in high end of guidance

* Telenor has guided EBITDA margin in 38-39 pct range

* CEO: India exit progressing as planned, we expect deal to close in Q1 next year Further company coverage: (Reporting By Terje Solsvik)

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