Release of 27.10.2016

Results for the First Nine Months 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 millionQ3 2016 reportedQ3 2015 proforma% change
Total Revenues 1,073.2 1,058.8 1.4%
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 IndicatorsQ3 2016 reportedQ3 2015 proforma% change
Wireless subscribers (thousands) 20,731.7 20,786.0 -0.3%
thereof Postpaid 14,912.8 14,642.4 1.8%
thereof Prepaid 5,819.0 6,143.6 -5.3%
MoU 303.0 301.3 0.6%
ARPU (EUR) 9.0 9.2 -1.8%
Churn (%) 1.9% 1.7%  

 

Wireline IndicatorsQ3 2016 reportedQ3 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

 
 
 

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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