Release of 17.10.2023

Solid third quarter of 2023 for A1 Group: 3% revenue growth

  •  Solid operational development
  • Spin-off and listing of tower business EuroTeleSites
  • Inclusion of TKA share in the ATX index


Alejandro Plater, CEO of A1 Group on the highlights of Q3 2023:

“We have seen a solid third quarter affected by one-off effects and FX fluctuations. Group revenues increased by 3% and service revenues grew by 4.5% supported by solid operational development and indexation measures in most of the markets. Despite some headwinds from FX development and a non-operative special factors EBITDA rose by 0.6%. Net result for the third quarter of 2023 was EUR 201 million.

With the spin-off and listing of EuroTeleSites we successfully implemented a major strategic milestone. The existing towers assets will be better utilized, we have reduced our financial debt by EUR 1 billion and will be able focus even more on our core business.

In addition, we have again been included into Austria’s main stock index, the ATX. In an environment of high energy costs, we continued to consistently focus on the implementation of efficiency measures.”

Thomas Arnoldner, Deputy CEO of A1 Group adds:

"In mobile communications, the number of subscribers increased by 5.7% (year-on-year basis), driven primarily by strong growth in the M2M business and demand for mobile WiFi routers. There was also an increase of 1.6% in RGUs (year-on-year). Fiber optic products, as well as the solutions and connectivity business, contributed to growth.

The high-performance and future-proof fixed-network and mobile communications networks of the A1 Group are part of critical infrastructure. We further increased our 5G presence in most of our markets and continued our fibre roll-out in Austria.

On the Capital Markets Day beginning of September, we presented our ambitions for 2024-2026:

  • Annual revenue growth of 3-4% (based on current inflation and exchange rate expectations)
  • Annual EBITDA growth of 4-5% (based on current inflation and exchange rate expectations)
  • Cumulative CAPEX of € 2.8 billion, excluding spectrum.

In addition, the dividend baseline per share was increased from EUR 0.20 to EUR 0.32.”

More information is available:


(1)Michael Höfler (en)
Dr. Michael Höfler
A1 Group Spokesperson
+43 664 66 30362