Release of 22.07.2016

Results for the First Half 2016

Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first half year 2016, ending 30 June 2016.

Highlights Q2 2016

  • In the second quarter of 2016, Telekom Austria Group results benefitted mostly from strong operations in Austria, with additional support from the demand for data-centric services and fixed-line products in CEE
  • Group total revenues were almost flat at -0.2% and Group EBITDA rose by 0.7% year-on-year on a proforma1 basis in Q2 2016
  • Excluding FX effects, Group total revenues and EBITDA rose by 2.6% and 4.7% year-on-year on a proforma basis
  • Belarus: Revenue and EBITDA growth of 21.9% and 9.5% year-on-year in local currency in Q2 2016;
    27.3% year-on-year BYN2 devaluation overshadowed good operational results in Belarus
  • Negative effects from the abolition of retail roaming in the EU as of 30 April 2016 so far in line with expectations and stemming mostly from Austria
  • Reported total revenue increase in Austria as better equipment revenues outweighed negative roaming impact; 6.0% reported year-on-year EBITDA growth reflect successful cost savings
  • Strong performance in Croatia driven by better trends in mobile and ongoing fixed-line growth
  • Net result rose by 4.9% to EUR 82.4 mn in the second quarter of 2016

Key Performance Indicators in EUR millionQ2 2016 reportedQ2 2015 proforma% change1-6 M 2016 reported1-6 M 2015 proforma% change
Total Revenues 1,030.7 1,032.2 -0.2% 2,040.1 2,065.1 -1.2%
EBITDA 329.3 326.8 0.7% 663.6 670.1 -1.0%
% Total Revenues 31.9% 31.7%   32.5% 32.4%  
EBIT 114.5 117.9 -2.9% 231.7 257.0 -9.8%
% Total Revenues 11.1% 11.4%   11.4% 12.4%  

 

Wireless IndicatorsQ2 2016 reportedQ2 2015 proforma% change1-6 M 2016 reported1-6 M 2015 proforma% change
Wireless subscribers (thousands) 20,481.8 20,573.5 -0.4% 20,481.8 20,573.5 -0.4%
thereof Postpaid 14,845.2 14,539.1 2.1% 14,845.2 14,539.1 2.1%
thereof Prepaid 5,636.6 6,034.4 -6.6% 5,636.6 6,034.4 -6.6%
MoU 309.0 306.3 0.9% 303.7 301.1 0.9%
ARPU (EUR) 8.7 9.1 -4.6% 8.5 8.9 -3.6%
Churn (%) 1.8% 1.8%   1.9% 1.9%  

 

Wireline IndicatorsQ2 2016 reportedQ2 2015 proforma% change1-6 M 2016 reported1-6 M 2015 proforma% change
RGUs 5,608.7 5,461.9 2.7% 5,608.7 5,461.9 2.7%

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

Interim Results

 
 
 

Disclaimer for forward-looking statements:
This document contains forward-looking statements. These forward-looking statements are usually accompanied by words such as "believe", "intend", "anticipate", "plan", "expect" and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither A1 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. A1 Telekom Austria Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This report does not constitute a recommendation or invitation to purchase or sell securities of A1 Telekom Austria Group.

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