Release of 14.11.2013

Results for the First Nine Months and the Third Quarter 2013 (Ad-hoc)

Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first nine months and the third quarter 2013, ending 30 September 2013.

Highlights for the First Nine Months 2013

  • Group revenues down 2.6% year-on-year as growth in Belarus and in the Additional Markets segments partly mitigates decline in Austria, Bulgaria and Croatia
  • Gross cost savings of EUR 112.9 mn cannot offset an increase in operating expenses in Austria and the Additional markets segment
  • Lower revenues and higher costs for acquisition and retention stemming from the high-value customer segment lead to a Group EBITDA comparable decline of 9.8%
  • While overall revenues still decline by 3.6% in Austria, the high-value focus and convergence strategy continue to yield encouraging results
  • International businesses see revenues fall by 2.4% due to challenging macro-economic trends and regulatory burdens
  • FY 2013 Group guidance unchanged: Revenues of approx. EUR 4.1 bn, CAPEX* of EUR 650 – 700 mn and an intended dividend of EUR 0.05/share

 
 
in EUR millionQ3 2013Q3 2012% change1- 9 M 20131- 9 M 2012% change
Revenues 1,036.0 1,093.7 - 5.3% 3,128.3 3,212.0 - 2.6%
EBITDA comparable 357.9 410.4 - 12.8% 1,025.1 1,136.6 - 9.8%
Operating income 121.5 177.0 - 31.4% 344.7 388.1 - 11.2%
Net income 51.3 99.2 - 48.3% 159.2 180.1 - 11.6%
Earnings per share (in EUR) 0.10 0.22 - 56.9% 0.31 0.41 - 24.0%
Free cash flow per share (in EUR) 0.30 0.37 - 20.4% 0.69 0.70 - 2.4%
Capital Expenditures 167.6 158.4 5.8% 493.0 489.4 0.7%
  
in EUR million30 Sept. 201331 Dec. 2012% change
Net debt 2,708.8 3,248.9 - 16.6%
Net debt / EBITDA comparable (12 months) 2.0x 2.2x  
All financial figures are based on IFRS; if not stated otherwise, all comparisons are given year-on-year. EBITDA comparable is defined as net income excluding financial result, income tax expense, depreciation and amortisation, restructuring and impairment charges.
* Does not include investments for spectrum nor acquisitions.

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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