Release of 09.02.2016

Results for the Full Year 2015

Today, the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the full year and fourth quarter 2015, ending 31 December 2015.

Highlights
  • Group revenues stable at EUR 4,026.6 mn reported (clean EUR 4,096.8 mn) as higher revenues in the Austrian and Additional Markets segment offset declines in the Bulgarian, Croatian and Belarusian segments
  • Group EBITDA comparable growth of 6.7% year-on-year to EUR 1,372.6 mn (clean: EUR 1,370.9 mn, +4.0%)
  • Austria: 7.6% year-on-year clean EBITDA comparable growth supported by cost cutting as well as successful ring-fencing of premium customer business
  • International markets negatively impacted by FX (BYR devaluation of 29.2% in 2015) and macroeconomic environment
  • Strong operational development in Croatia and Belarus driven by high data demand
  • M&A transactions (Blizoo in Bulgaria, Amis in Slovenia and Croatia, ONE in the Republic of Macedonia) strengthen convergent positions
  • Net income of EUR 392.8 mn (2014: EUR -185.4 mn)
  • Group outlook for 2016: approx. +1% revenues (on a constant currency basis, except for Belarus); CAPEX* of approx. EUR 750 mn and intended dividend of EUR 0.05/share**

 

 

in EUR millionQ4 2015Q4 2014% change1-12 M 20151-12 M 2014% change
Revenues 1,076.1 1,030.3 4.5% 4,026.6 4,018.0 0.2%
EBITDA comparable 320.8 252.1 27.3% 1,372.6 1,286.1 6.7%
EBITDA comparable margin 29.8% 24.5%   34.1% 32.0%  
Operating income 124.0 -39.8 n.m. 574.0 -3.0 n.m.
Net income 84.3 -48.9 n.m. 392.8 -185.4 n.m.
Cash flow generated from operations 266.4 227.4 17.2% 1,072.4 901.4 19.0%
Earnings per share (in EUR) 0.12 -0.10 n.m. 0.55 -0.46 n.m.
Free cash flow per share (in EUR) -0.02 -0.10 n.m. 0.53 0.34 57.9%
Capital expenditures 334.4 284.9 17.4% 780.0 757.4 3.0%

 

in EUR million31 Dec 201531 Dec 2014% change
Net debt 2,676.4 2,693.3 -0.6%
Net debt / EBITDA comparable (12 months) 1.9x 2.1x  

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 taxes, depreciation and amortisation, restructuring and impairment charges.

* Does not include investment in spectrum and acquisitions.
** 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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