Kyivstar Shares Slip 4% Ahead of July Earnings
Kyivstar Group shares fell 4.1% to $13.76 late Wednesday after the company announced it will report second-quarter and half-year results on July 31. The Ukrainian operator posted first-quarter revenue of $323 million, up 26.6%, and EBITDA of $173 million, up 23.5%. Kyivstar recently acquired six solar plants for $80.8 million, boosting green energy capacity to 118 megawatts.