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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

This content extract was originally sourced from an external website (Megafon) 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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