Release of 27.04.2016

Results for the First Quarter 2016

Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first quarter 2016, ending 31 March 2016.

Highlights
  • Telekom Austria Group results driven by moderate growth in Austria and M&A transactions in CEE
  • On a proforma1 basis Group total revenues declined by 2.2%
  • As of Q1 2016 the reporting structure has been fully aligned with América Móvil. Thus, total revenues now include other operating income (EUR 19.0 mn for Q1 2016 and EUR 43.0 mn for Q1 2015)
  • Group EBITDA declined by 2.5% on a proforma1 basis which was mainly driven by a EUR 20 mn extraordinary effect in Segment Slovenia in Q1 2015
  • Revenue and EBITDA growth in Austria as a result of better equipment revenues, ringfencing of the premium customer base and successful cost savings
  • Strong demand for data and convergence drive CEE operations which were overshadowed by 10.9% BYR devaluation in Q1 2016 and continued price pressure
  • EUR 81.0 mn net income
  • Group outlook 2016 unchanged: approx. +1% revenues, CAPEX2 of approx. EUR 750 mn and intended dividend3 of EUR 0.05/share

Key Performance Indicators in EUR millionQ1 2016 reportedQ1 2015 proforma% change
Total Revenues 1,009.4 1,032.6 -2.2%
EBITDA 334.4 343.0 -2.5%
% Total Revenues 33.1% 33.2%  
EBIT 117.2 142.7 -17.9%
% Total Revenues 11.6% 13.8%  
Wireless IndicatorsQ1 2016 reportedQ1 2015 proforma% change
Wireless subscribers (thousands) 20,529.2 20,551.5 -0.1%
Postpaid 14,803.5 14,456.5 2.4%
Prepaid 5,725.8 6,094.9 -6.1%
MoU 298 296 0.7%
ARPU (EUR) 8.4 8.6 -2.5%
Churn (%) 2.0% 1.9%  
Wireline IndicatorsQ1 2016 reportedQ1 2015 proforma% change
RGUs 5,593.5 5,415.2 3.3%

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 prior year figures of M&A transactions made after Q1 2015.
2 Does not include investment in spectrum and acquisitions.
3 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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