Release of 25.07.2017

Results for the First Half 2017

Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first half year 2017, ending 30 June 2017.

Highlights Second Quarter 2017

  • Group total revenues increased by 4.0% (reported: +5.1%), with service revenue growth in all markets except from the Republic of Serbia and the Republic of Macedonia.
  • Group EBITDA growth of 7.8% (reported: 9.1%) mainly due to growth in Belarus, Austria, Bulgaria, Croatia and the Republic of Macedonia.
  • Negative effects from the stepwise abolition of retail roaming in the EU came in slightly lower than expected, while the expected losses for the second half of the year remain the same.

    CEE:
  • Bulgaria: EBITDA growth after years of decline driven by higher total service revenues, better equipment margin and cost efficiencies
  • Ongoing solid operational performance in Croatia and Belarus
  • Other segments affected by fierce competition and regulatory headwinds


  • Total positive FX effects amounted to EUR 8.9 mn for total revenues and EUR 4.2 mn for EBITDA in Q2 2017, stemming almost entirely from Belarus.
  • Reported net result increased by 36.5% in the second quarter of 2017 from EUR 82.4 mn to EUR 112.5 mn.

 

Key performance indicators
Proforma view

in EUR million		Q2 2017 reportedQ2 2016 proforma% change1-6 M 2017 reported1-6 M 2016 proforma% change
Total revenues 1,082.9 1,041.2 4.0 2,141.9 2,058.7 4.0
EBITDA 359.3 333.3 7.8 698.9 670.7 4.2
% total revenues 33.2% 32.0%   32.6% 32.6%  
EBIT 146.5 116.4 25.8 272.9 235.9 15.7
% total revenues 13.5% 11.2%   12.7% 11.5%  

 

Wireless indicatorsQ2 2017 reportedQ2 2016 proforma% change1-6 M 2017 reported1-6 M 2016 proforma% change
Wireless subscribers (thousands) 20,677.0 20,481.8 1.0 20,677.0 20,481.8 1.0
thereof postpaid 15,140.2 14,845.2 2.0 15,140.2 14,845.2 2.0
thereof prepaid 5,536.8 5,636.6 - 1.8 5,536.8 5,636.6 - 1.8
MoU (per Ø subscriber) 307.0 309.0 - 0.6 304.7 303.7 0.3
ARPU (EUR) 8.7 8.7 0.0 8.6 8.5 0.4
Churn (%) 1.9% 1.8%   1.9% 1.9%  

 

Wireline indicatorsQ2 2017 reportedQ2 2016 proforma% change1-6 M 2017 reported1-6 M 2016 proforma% change
RGUs (thousands) 5,899.0 5,902.6 -0.1 5,899.0 5,902.6 - 0.1

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.

 

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.

link Related