MegaFon announces financial results for Q2 2016

Via Megafon

Jul 27, 2016

Moscow, Russia - 27 July 2016: PJSC “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian integrated telecommunications operator, announces its unaudited consolidated financial results for the second quarter 2016.

Key highlights of the Second Quarter 2016

  • Consolidated revenue increased by 3.4% y-o-y to RUB 78,723 million
  • Revenue from wireless data services increased by 6.3% y-o-y to RUB 20,687 million
  • OIBDA decreased by 14.9% y-o-y to RUB 29,554 million
  • OIBDA margin was 37.5% versus 45.6% in Q2 2015
  • Net Profit decreased by 44.4% y-o-y to RUB 7,234 million
  • CAPEX increased by 2.8% y-o-y to RUB 12,893 million
  • Free Cash Flow amounted to RUB 9,605 million
  • Net Debt as of 30 June 2016 was RUB 167,135 million
  • The number of mobile subscribers grew by 3.8% y-o-y to 76.6 million as of 30 June 2016

Dial-in details:

To listen to the call in original language of broadcasting (English and Russian), please dial: Access confirmation code:4341485 ENG/RULocal — Moscow, Russia:+7 495 213 0978National free phone — Russian Federation:+8 800 500 9311

To listen to the call in English only, please dial: Access confirmation code:4351078 ENGLocal — London, United Kingdom:+44(0)20 3427 1919National free phone — United Kingdom:0 800 279 5004Local — New York, United States of America:+1 646 254 3361National free phone — United States of America:+1 877 280 2296Password:MegaFon

Replay facilities will be available for 7 days:

Replay password4341485 ENG/RU followed by # 4351078 ENG followed by #Russia Toll Free+8 10 800 2870 1012UK Toll Free0 800 358 7735USA Toll Free+1 866 932 5017Local – Moscow, Russia+7 495 705 9453Local – London, United Kingdom:+44(0)20 3427 0598Local – New York, United States of America:+1 347 366 9565

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