Release of 15.10.2024
- Total revenues +2.1%, service revenues +3.1%
- EBITDA +5.1%
- Net result lower due to higher D&A for towers
Alejandro Plater, CEO of A1 Group on the highlights of Q3 2024:
“We again saw an overall good development in the third quarter. Group total revenues increased by 2.1%, service revenues rose by 3.1%. The growth was strongly driven by Eastern European markets. In Austria we are facing a very challenging environment which we tackle with a focus on market investments and efficiency measures.
Group EBITDA showed a plus of 5.1%. Overall we pursued our strategy in staying relevant for our customers, resulting in a solid growth performance in the third quarter. However, the net result is lower due to higher D&A for towers.”
Thomas Arnoldner, Deputy CEO of A1 Group adds:
“In mobile communications, the number of customers rose by 6.1% (subscribers) driven by M2M. In the fixed-line business, the number of customers slightly increased by 0.7% year-on-year (RGUs) driven by broadband internet and TV demand.
We also announced that A1 Serbia is becoming convergent as the last market within A1 Group. With the acquisition of Conexio metro we will be able to expand our footprint and offer convergent products on our own fibre network for our customers in 2025.*
Our ESG ambitions were awarded by EcoVadis with a gold medal, putting us among the top 3% of all participating companies.”
More information is available: https://newsroom.a1.group/News.aspx?l=english
*The completion of the transaction is, inter alia, subject to the applicable merger control clearance.