Positive financial results for DNA Plc in first half of 2024, with revenue and subscriptions growth.

From GlobeNewswire: 2024-07-18 01:30:00

DNA Plc reported positive financial results for January-June 2024, with total revenues reaching EUR 539 million, a 5% increase from the previous year. EBITDA rose to EUR 209 million, while the operating result increased to EUR 109 million. The number of mobile subscriptions grew to 2,788,000, and ARPU for mobile communications reached EUR 19.1. The company’s 5G network had almost 98% population coverage.

Under CEO Jussi Tolvanen’s leadership, DNA focused on enhancing its network capabilities, including piloting 5.5G technology and launching gigabit broadband subscriptions. The company also emphasized cybersecurity, with the parent company Telenor establishing a new Nordic cybersecurity firm. DNA’s brand strategy evolved to embody daring and caring values. The podcast series on humane leadership and DNA’s corporate culture highlights the company’s commitment to a unique workplace.

In the midst of Finland’s economic recession, DNA prepared for geopolitical changes and increasing cyber threats. Despite global uncertainties, the Bank of Finland forecasted a slow economic recovery. DNA continues to adapt to market challenges and strives to lead with innovation. With a commitment to connectivity and digitalization, DNA remains a key player in Finland’s telecommunications sector, dedicated to connecting customers to what matters most.



Read more at GlobeNewswire:: DNA Plc’s Half-Year Financial Report 2024: Total revenues,