Release of 11.02.2025
- Group revenues of EUR 5.41 billion
- EBITDA exceeds 2 billion
- Net result amounted to EUR 627 million
- Mobile subscriber growth of 7.4%
- Increased dividend proposal of EUR 0.40 per share
Alejandro Plater, CEO of A1 Group, on the highlights of 2024:
“We delivered robust operational and financial results in 2024. Group revenues rose by 3.1% to EUR 5.41 billion driven by service revenue growth. EBITDA increased by 5.1%, exceeding 2 billion for the first time. Net result for 2024 was EUR 627 million. These results were largely driven by significant growth in the international markets.
In mobile communications, the number of subscribers rose by 7.4% to a total of 27.1 million in Q4 2024, driven by a strong increase in M2M business. In the fixed line business, the number of broadband revenue generating units (Broadband RGUs) increased by 2.1% y-o-y. Also, we reached convergence in all seven core markets and started the roll-out of fixed-line services in Serbia.
In line with our dividend policy, the Management Board plans to propose an increased dividend of EUR 0.40 (2023: EUR 0.36) per share to the Annual General Meeting, subject to the approval of the Supervisory Board.”
Thomas Arnoldner, Deputy CEO of A1 Group, adds:
“Driven by our strong performance in CEE, A1 Group delivered a record-breaking year with unprecedented levels of customer base, EBITDA and revenue. Despite facing a challenging market, we also showed a solid performance in Austria, focusing on driving digitalization and ensuring relevance to our customers.
Service revenues increased 2024 in all markets except Slovenia and benefitted from value-protecting measures, strong demand for our ICT services as well as highspeed broadband and TV products.
In the area of sustainability (ESG), Sustainalytics ranks A1 Group as one of the ten most sustainable telecommunications companies in the world. A1 Group was awarded an “A” rating by CDP for the second time in a row and Gold status by Ecovadis. The Science Based Targets initiative (SBTi) has also officially confirmed A1’s ambitious Net Zero targets.
A1 Group will continue to focus on expanding its fiber and 5G networks both in Austria and internationally. We expect CAPEX excluding spectrum investments of around EUR 850 million for the 2025 financial year.”
More information is available: https://newsroom.a1.group/News.aspx?l=english