Results for the first nine months 2016

Via Telekom Austria Group

Oct 28, 2016

Vienna, 27 October 2016

Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first nine months 2016, ending 30 September 2016.

Highlights Q3 2016

  • Group total revenues increased to EUR 1,073.2 mn (+1.4% year-on-year on a proforma1 basis, reported: +4.7%) in the third quarter as higher equipment revenues more than outweighed the negative roaming impact
  • Group EBITDA rose by 7.5% year-on-year on a proforma1 basis (reported: +9.4%)
  • Reported net result increased by 4.5% to EUR 143.2 mn
  • Negative effects from the abolition of retail roaming in the EU as of 30 April 2016 so far in line with expectations with the biggest impact stemming from Austria
  • Austria: 11.6% reported year-on-year EBITDA growth including a positive one-off as well as a positive restructuring effect
  • Ongoing strong performance in Croatia driven by better trends in mobile and ongoing fixed-line growth
  • Belarus: Total revenue and EBITDA growth of 20.5% and 19.5% year-on-year in local currency; 16.9% year-on-year BYN2 devaluation in Q3 2016 still overshadowed good operational results in Belarus
  • Group outlook3 2016 unchanged: approx. +1% total revenues, CAPEX4 of approx. EUR 750 mn and intended dividend5 of EUR 0.20/share
Key Performance Indicators in EUR million Q3 2016 reported Q3 2015 proforma % change
Total Revenues 1,073.2 1,058.8 1.40%
EBITDA 415.5 386.3 7.5%
% Total Revenues 38.7% 36.5%
EBIT 202.7 187.3 8.3%
% Total Revenues 18.9% 17.7%
Wireless Indicators Q3 2016 reported Q3 2015 proforma % change
Wireless subscribers (thousands) 20,731.7 20,786.0 0.0
thereof Postpaid 14,912.8 14,642.4 0.0
thereof Prepaid 5,819.0 6,143.6 -0.1
MoU 303 301.3 0.6%
ARPU (EUR) 9 9.2 -1.8%
Churn (%) 1.9% 1.7%
Wireline Indicators Q3 2016 reported Q3 2015 proforma % change
RGUs 5,607.1 5,512.5 1.7

All financial figures are based on IFRS; if not stated otherwise, all comparisons are given year-on-year. EBITDA is defined as net income excluding financial result, income taxes, depreciation and amortisation and impairment charges.

1 Proforma figures include effects of M&A transactions executed during the last twelve months.

2 Currency reform as of 1 July 2016.

3 Outlook based on reported numbers.

4 Does not include investment in spectrum and acquisitions.

5 Intended proposal to the Annual General Meeting 2017.

Interim Results

This content extract was originally sourced from an external website (Telekom Austria Group) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

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