Release of 15.10.2019
Positive trends continued in third quarter of 2019: EBITDA growth in all markets
Thomas Arnoldner, CEO of A1 Telekom Austria Group, comments on the highlights of the third quarter 2019:
“We were able to continue the positive trends in the third quarter. For the first time since 15 years there was EBITDA growth in all our markets which was driven again by a strong development in service revenues. The CEE markets in particular made a decisive contribution to this growth.
Revenue growth in the third quarter was 3.4 % for the Group, with service revenues increasing by 4.1 %. Group EBITDA excluding restructuring charges increased by 5.1 % in the third quarter. The reported quarterly net result rose from EUR 114.7 mn in the third quarter of 2018 to EUR 136.3 mn in the third quarter of 2019.
With this operational performance and our growth strategy, we continue to see ourselves on the right track for the year as a whole and confirm our outlook for the 2019 financial year.”
Alejandro Plater, COO A1 Telekom Austria Group further states:
“Looking at the first nine months of 2019 we saw quite a solid development. Group revenues increased by 2.5 % year-on-year driven by service revenue growth in all markets, Group EBITDA, adjusted for restructuring charges increased by 3.7%. The reported net result for the first nine months was EUR 292.2 mn.
We have been actively pursuing and almost completing our groupwide one-brand strategy. With our operational companies in Belarus and North Macedonia, the A1 "brand family" was growing in 2019 and a new common identity was created across the group.”
More information is available in the results release:
https://newsroom.a1.group/News.aspx?l=english
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