TELEKOM AUSTRIA AG 
Results for
Q3 2023 and Q1-Q3 2023
Cautionary statement
This presentation 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 Telekom Austria AG nor the A1 Group nor any other person accepts any liability for any such forward-looking statements. A1 Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations.
Alternative performance measures are used to describe the operational performance. Please therefore also refer to the financial information presented in the Consolidated Financial Statements, as well as the reconciliation tables provided in the Earnings Release. This presentation was created with care and all data has been checked conscientiously. Nevertheless, the possibility of layout and printing errors cannot be excluded. The use of automated calculation systems may give rise to rounding differences.
This presentation does not constitute a recommendation or invitation to purchase or sell securities of A1 Group.
2 Results presentation: Q3 2023
A1 Group
Highlights Q3 2023
- Spin off and listing of Telekom Austria's tower business, EuroTeleSites.
- EUR 1 bn reduction of financial debt; Net debt excl. leases / EBITDAaL: 0.4x
- Q3 revenues up by 3%, driven by service revenues
- FX impact from BYN/EUR: Revenues € -33 mn; EBITDA € -14 mn
- EBITDA growth despite one-time factors (in total € -7 mn), adverse FX developments (€ -14 mn) and higher restructuring expenses (€ -6 mn)
- EBITDA excl. FX, special effects, and restructuring: +6%
- Telekom Austria became member of Austria's main stock index ATX as per September 18, 2023
- Ambitions 2024-2026
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Revenue increase of 3-4% per year - CAPEX of € 2.8 billion plus frequencies
EBITDA increase of 4-5% per year - Dividend baseline of € 0.32 per share (before: € 0.20)
3 Results presentation: Q3 2023
Customer-related information
Mobile subscribers (in thousand) | RGUs (in thousand) | ||||||||||||||||||||||||||||||||||
▲ | ▲ | ||||||||||||||||||||||||||||||||||
2.6% | 0.0% | ||||||||||||||||||||||||||||||||||
21,288 | 21,864 | 22,766 | 23,897 | 24,116 | 24,486 | 25,131 | 6,148 | 6,050 | 6,077 | 6,204 | 6,221 | 6,249 | 6,250 | ||||||||||||||||||||||
24% | 28% | 28% | 29% | 29% | |||||||||||||||||||||||||||||||
27% | 27% | ||||||||||||||||||||||||||||||||||
82% | 83% | 84% | 84% | 84% | 84% | 42% | 41% | 41% | |||||||||||||||||||||||||||
80% | 42% | 43% | 43% | 43% | |||||||||||||||||||||||||||||||
35% | 32% | 31% | 30% | 29% | 28% | 27% | |||||||||||||||||||||||||||||
2019 | 2020 | 2021 | 2022 | Q1 2023 | Q2 2023 | Q3 2023 | 2019 | 2020 | 2021 | 2022 | Q1 2023 Q2 2023 Q3 2023 | ||||||||||||||||||||||||
Subscribers | Share postpaid | Total fixed voice | Total broadband | TV@home | |||||||||||||||||||||||||||||||
Q3 '23 Group ARPU and ARPL * (in €)
26.226.9
11.211.8
Q3 2022 | Q3 2023 |
ARPU | ARPL |
Number of mobile subscribers rose by +5.7% yoy (+2.6% in Q3 '23); excl.M2M customers stable development
RGUs growing at +1.6% yoy; Broadband & TV RGUs growth of +3.7% yoy
Q3 2023 Group ARPL* +2.9% yoy
Q3 2023 Group ARPU* +5.4% yoy
* in constant currency
4 Results presentation: Q3 2023
Group revenues
Unless otherwise stated, all amounts in € mn | Q3 2023 | Q3 2022 |
Service revenues | 1,116 | 1,069 |
Equipment revenues | 189 | 200 |
Other operating income | 21 | 23 |
Total revenues | 1,326 | 1,292 |
Service revenue growth drivers, YTD
Q1-Q3 2023 | Q1-Q3 2022 | |||
+4.5% | 3,237 | 3,083 | +5.0% | |
-5.8% | 578 | 517 | +11.7% | |
-10.0% | 68 | 67 | +1.1% | |
+2.6% | 3,883 | 3,667 | +5.9% |
Total revenues - growth rates per market, YTD
EUR
Retail fixed
Retail mobile
154.2
5.0%
+18.3%
24.7% | |||||||||||||||||||||||||
8.7% | |||||||||||||||||||||||||
-13.9% | |||||||||||||||||||||||||
-9.4% | 10.8% | ||||||||||||||||||||||||
8.3% | |||||||||||||||||||||||||
14.4% | 3,237 | ||||||||||||||||||||||||
Internet@Home | |||||||||||||||||||||||||
3,083 | 5.0% | ||||||||||||||||||||||||
Service | Mobile Cubes BB + TV | Fixed | IC | Sol & VR / NR | Other | ACT | |||||||||||||||||||
revenues | Core | Voice | Con | Rev. |
+11.5%
+10.4%
+4.8%
+2.0% | +1.2% | ||||
yoy performance | acquisition of Stemo |
5 Results presentation: Q3 2023
* Incl. corporate and eliminations
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Disclaimer
Telekom Austria AG published this content on 17 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 October 2023 17:16:28 UTC.
