RESULTS 1Q17. Investor Relations Telefônica Brasil S.A. May, 2017
|
|
- Grace Hampton
- 6 years ago
- Views:
Transcription
1 RESULTS Investor Relations Telefônica Brasil S.A. May, 2017
2 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the subscriber base, a breakdown of the various services to be offered and their respective results. The exclusive purpose of such statements is to indicate how we intend to expand our business and they should therefore not be regarded as guarantees of future performance. Our actual results may differ materially from those contained in such forward-looking statements, due to a variety of factors, including Brazilian political and economic factors, the development of competitive technologies, access to the capital required to achieve those results, and the emergence of strong competition in the markets in which we operate. For a better understanding, we are presenting pro forma numbers combining Telefônica Brasil and GVT results for all financial and operational indicators for every period as of January,
3 HIGHLIGHTS ACCELERATING REVENUES ENHANCING PROFITABILITY IMPROVING DIFFERENTIATION Non-voice representing 63% of Service Revenues (+11 p.p. yoy) Double-digit growth in Data Revenues +34% yoy Accelerating mobile service revenues +5% yoy (+3.9% yoy in 4Q16) Recurring costs dropping for the fifth quarter in a row -1.1% yoy 33.2% Recurring EBITDA Margin (+1.8 p.p. yoy) 20.6% OpCF Margin (+3.5 p.p. yoy) Accelerated commercial activity: 2.3x postpaid net adds FTTH accesses +38% yoy Superior network: Record evolution in new cities covered with 4G +304 Customer Experience: #1 position in ANATEL s Satisfation Index¹ in mobile (prepaid and postpaid) In, strong improvements in key business segments, continued efficiency in costs and a robust financial management led Vivo to generate R$678 million in Free 2 Cash Flow, +203% yoy 1- Satisfaction and Perceived Quality Survey held by ANATEL in Vivo leads when considered only the four major operators Free Cash Flow from business activity. Does not include R$655.1 million payment made in related to the clean-up of the 700MHz 4G spectrum acquired in 2014.
4 KEY FINANCIALS Acceleration of service revenues and consistent EBITDA expansion leading to outstanding FCF evolution in Total and Mobile Service Revenues Recurring EBITDA and EBITDA Margin 3.9% 1.0% 0.4% 1.8% 2.0% 4Q16 Total Service Revenues Mobile Service Revenues 5.0% 9.0% 7.0% 5.0% 3.0% 33.8% 33.2% 31.4% 7.0% 7.1% 7.3% 4Q16 Recurring EBITDA Recurring EBITDA Margin 37.0% 32.0% 27.0% 22.0% Capex R$ Bn and Capex/Sales Free Cash Flow¹ R$ Bn % 14.3% 12.5% Q16 Capex seasonally lower in 1Q with expected acceleration over the next quarters according to the plan 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% % Q16 Threefold growth in FCF as a result of strict discipline on costs, capital allocation, working capital and financial management Capex ex-licenses Capex/Sales 1- figures do not include R$655.1 million payment related to the clean-up of the 700MHz 4G spectrum acquired in
5 TOTAL SERVICE REVENUES Double-digit growth in non-voice products drives service revenue acceleration Non-voice businesses soared 24.0% yoy in Total and Non-voice Service Revenue annual growth supported by resilient evolution in mobile and fixed data Mobile Data & Digital and Fixed UBB Revenues annual growth 33.9% 3,662 4,905 Non-Voice % over Service Revenue 24.0% 14.9% 15.2% 1.0% 1.8% 2.0% 4Q16 Total Serv. Revenue Non-voice Serv. Revenue 52.1% 59.1% 63.3% % over Service Revenue Mobile Data & Digital and Fixed UBB Revenues 36.2% 47.5% 37.0% 4,259 3, Mobile Data & Digital Services 16.7% Fixed UBB 647 5
6 MOBILE BUSINESS Continuous expansion of mobile revenues fueled by postpaid growth and higher data contribution Net Mobile Service Revenue¹ R$ Million Mobile Breakdown Service Revenue 5.0%² 6,316 5,911 6, ,108 3,934 4,259 7, , , % 4, , % 2,000.0 Internet growing 56.6% 71% 74% +3.0 p.p. Postpaid Revenue³ % 10% 6% Prepaid Revenue³ % 2,444 2,036 1,672 1, % 29% 26% -3.0 p.p. 4Q % -6% Outgoing voice Data and Digital Services Incoming voice Column2 Prepaid Postpaid Evolution of top-ups impacted by pre to postpaid migration which contributes to higher postpaid growth 1- Simplified view, the chart s breakdown does not disclose other services revenues. 2- When excluding effect of MTR cuts growth would be 7.3% in. 3- Does not include wholesale, M2M and other services revenues. 6
7 MOBILE BUSINESS Increasing market share leadership with solid trends, mainly in postpaid Total Mobile: leading market share with the best customer mix Postpaid: enhancing growth and customer loyalty Mobile Market Share +2.1 p.p. 42% market share in postpaid Customer Base Mix COMPETITORS Postpaid net adds (Thousand) 2.3x Prepaid to Hybrid Migrations +17.1% 28.4% 30.5% POSTPAID PREPAID 46% 54% Focus on bundled offers and value added services Prepaid Weekly Offers¹ (Customer Base) +28.1% 26% 74% Incentivizing adoption of digital offers Reducing churn levels (postpaid exc. M2M) -0.1 p.p. Positive net portability against all major players once again in 1.8% 1.7% Kantoo Inglês 1- Also includes the R$39.99 offer which lasts for 30 days. 7
8 MOBILE BUSINESS Execution of commercial strategy focused on value and data, driving superior ARPU Rational pricing strategy improves ARPU in all segments leading to solid total ARPU evolution Entry price of pure postpaid plans Postpaid ARPU +3.8% +4.1% +12% Data 53% 69% 35.8% % of Vivo Turbo base in high-end offers Outgoing Prepaid ARPU +0.8% Voice 47% 31% % 29% 64% 71% 36% Total ARPU R$ per month Entry level High-end 8
9 FIXED BUSINESS Robust evolution in broadband partly compensating voice decline Voice maturity and regulation continue to weigh on fixed revenue Net Fixed Revenue R$ Million but mid-term trend is expected to improve Clear uptake of high-value fixed services -2.2%¹ 4,218 4,281 4,126 Revenue evolution stable yoy when adjusting for regulatory effect FTTH Revenue R$ million +39.8% IPTV Revenue R$ million +45.8% % 4.0% 16.7% Reduced regulatory impact on revenue growth reduction of fixed revenue growth due to regulatory effects (VC, TU-RL, TU-RIU) Increased resilience of fixed voice customer base 2,224 2,144 2, % -9.6% -3.1 p.p p.p. 78% 4Q16 Voice and Others² Pay TV³ UBB xdsl Data and IT 4 % of fixed voice revenues packaged as monthly fees 1- When excluding effect of VC, TU-RL and TU-RIU cuts growth would be stable in. 2- Includes voice, interconnection and other services Includes DTH and IPTV. 4- Corporate Data and IT.
10 FIXED BUSINESS Customer and ARPU trends continue to be solid in high-end fixed services Strong commercial activity in FTTH and IPTV combined with resilient ARPU increase in BB and Pay TV Broadband and Pay TV accesses breakdown Broadband and Pay TV ARPU evolution BB Accesses Thousand TOTAL 7,214 7,336 FTTH 10% 13% FTTC¹ 45% 45% 2% 38% Broadband ARPU R$ per month +9.2% Robust ARPU growth both in BB and Pay TV for the 7 th consecutive quarter xdsl 45% 42% 0% -5% Pay TV Accesses Thousand TOTAL 1,787 IPTV 10% DTH 90% 1,661 17% 83% -7% 57% -14% Pay TV ARPU R$ per month +6.6% FTTC (Fiber to the Cabinet) includes Cable accesses. 10
11 CAPEX In the Company invested in key technologies to sustain superior network quality Sustained Capex execution to reach guidance for 2017 aimed on 4G and fiber deployment Capex R$ Billion and % over Net Revenues Solid acceleration in 4G expansion Number of new 4G cities 12.5% Capex plan for (annual average) Lower capex accrued in 1Q due to seasonality, with stronger level expected for next quarters in line with guidance Execution focused on 4G and fiber New cities in the quarter Existing cities Q16 3Q16 4Q16 Optimized Capex allocation focused on growth Capex allocation % population covered 47% 48% 49% 60% 65% +37% +30% +39% Continuously decreasing investments in legacy while shifting focus to future, growth technologies FTTX IPTV 4G 11
12 COSTS AND MARGINS Solid and consistent cost contention across the board during the quarter COST EVOLUTION BREAKDOWN R$(80) MILLION ΔYOY MAIN HIGHLIGHTS 33.8% 33.2% 31.4% 31.4% 31.9% -1.1% -2.0% -1.8% -1.9% -1.8% 2Q16 3Q16 4Q16 Personnel Costs 4.5% 3.2% -0.9% 4Q16 Cost of Services Rendered -1.3% -6.8% -4.9% 4Q16 Commercial Expenses¹ 4.0% -5.2% -2.3% 4Q16 ı 12.9% of total Opex ı Savings from rightsizings in the last years ı 41.1% of total Opex ı Interconnection tariff reductions ı Synergies in TV content ı 26.7% of total Opex ı Higher expenses due to increased commercial activity in key segments Recurrent Costs Recurrent EBITDA Margin Bad Debt / Gross Revenue Ratio 2.2% 2.1% 2.2% 4Q16 ı 5.1% of total Opex ı Credit and collection actions continue maintain bad debt stable 1- Excluding bad debt. 12
13 SYNERGIES Impact from operational synergies in free cash flow amounts to R$0.5 bn in Guaranteed NPV Cash Flow Synergies NPV R$ Billion % of captured value over R$ Million Accumulated² 22 Best Case Revenues REVENUES % Opex OPEX % EBITDA Capex ,407 (77) 99% CAPEX FINANCIAL AND TAX Best Case Integration Plan¹ Already Captured 89% 85% Direct CF Indirect CF Impact on OpCF³ ,330 1,263 2, Trending NPV of synergies points to a total of R$25 bn. 2- Cash Flow Synergies accumulated since 2Q Does not include tax and financial cash flow synergies. 13
14 EFFICIENCY COMMITMENT Expected margin improvement underpinned by our efficiency project, focused on streamlining processes across the Company Adapt our operating model to address evolving customer digital demands Big Tickets currently being addressed are: Commercial efficiency Prioritized by top management to increase profitability Zero back-office and zero paper Simplification of our operating model Leveraging analytics and transformation initiatives Optimization of infrastructure and use of resources DIGITAL IN EVERYTHING WE DO 14
15 NET INCOME Expansion in driven by EBITDA growth and improved financial management Net Income R$ Million and % yoy REPORTED R$ Million % 7.3%¹ 1.6% -8.3% -16.4% 13.3%² (339) 64 (30) , Non-Recurring Items exc. Non- Recurring Items EBITDA exc. Non- Recurring Items D&A Financial Result Taxes MAIN VARIATION DRIVERS NON-RECURRING ITEMS positively impacted by the sale of towers, in the net amount of R$338.9 million FINANCIAL RESULT Positively impacted by lower interest rates and lower average indebtedness in the period D&A INCREASE Explained by higher investments in recent years 1- Refers to Recurrent EBITDA evolution reported. For purposes of this build-up, variation excludes net effects of non-recurrent items. 2- Net income decreased -18.2% when compared to non-recurring figure. 15
16 FREE CASH FLOW Strong cash flow generation in all lines support robust financial profile Free Cash Flow¹ generation with improvements across the board Improving further financial structure through strong cash generation R$ Million EBITDA (CAPEX) (Interest and Income Taxes) (Working Capital) FCF from Business Activity (1,492) (1,328) (1,100) (1,098) (459) (410) ,275 3,514 R$ Million Shareholder remuneration in 2017 Payment Date Gross Amount Amount per share (PN³) Payment of R$4.1 bn in dividends/ioc already declared²: Aug 22, 2017 Dec 13, 2017 Total R$1,568 mn R$2,518 mn R$4,086 mn R$0.96 R$1.54 R$ Gross Debt R$ Billion Mar/16 Mar/17 Net Debt R$ Billion Mar/16 Mar/17 Net Debt Net Debt / EBITDA +21.3% -2.9% 1- FCF does not include income tax on IOC. 2- Based on 2016 net profit. 3- Gross amounts per ON: R$0.87 on Aug 22 and R$1.40 on Dec
17 HIGHLIGHTS Another quarter of strong results across the board, outperforming the market Accelerating revenue growth driven by data Margin improvement and outstanding cash flow generation Enhancing network differentiation and customer satisfaction 17
18 FOR FURTHER INFORMATION: INVESTOR RELATIONS
RESULTS 3Q17. Investor Relations Telefônica Brasil S.A. October, 2017
RESULTS 3Q17 Investor Relations Telefônica Brasil S.A. October, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the
More informationRESULTS 2Q16. Investor Relations Telefônica Brasil S.A. July, 2016
RESULTS Investor Relations Telefônica Brasil S.A. July, 2016 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the subscriber
More informationCorporate Presentation. Investor Relations Telefônica Brasil S.A. March, 2017
Corporate Presentation Investor Relations Telefônica Brasil S.A. March, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth
More informationCorporate Presentation
Corporate Presentation Investor Relations Telefônica Brasil S.A. November, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding
More informationResults 3Q18. Investor Relations Telefônica Brasil S.A. October, 2018
Results Investor Relations Telefônica Brasil S.A. October, 2018 Disclaimer This presentation may contain forwardlooking statements concerning future prospects and objectives regarding growth of the subscriber
More informationVivo Investor Day. David Melcon Chief Financial Officer. New York March 12 th 2018
Vivo Investor Day David Melcon Chief Financial Officer New York March 12 th 2018 Disclaimer This presentation may contain forwardlooking statements concerning future prospects and objectives regarding
More informationINVESTOR DAY. David Melcon Chief Financial Officer. São Paulo March 15 th 2016
INVESTOR DAY David Melcon Chief Financial Officer São Paulo March 15 th 2016 WE HAVE BEEN BUILDING SOLID FOUNDATIONS TO IMPROVE DIFFERENTIATION, GENERATE STRONG RESULTS AND ENHANCE INVESTOR CONFIDENCE
More informationResults January December / Q14 Results Telefônica Brasil S.A.
Results January December / 2018 3Q14 Results GROWTH IN KEY REVENUE LINES AND COST-EFFICIENCY, COMBINED WITH NON-RECURRING ITEMS, LEADS TO RECORD NET INCOME OF R$8.9 BILLION IN 2018 HIGHLIGHTS Leader in
More information4Q17/2017 RESULTS. Rio de Janeiro, April 12, 2018
/ RESULTS Rio de Janeiro, April 12, 2018 IMPORTANT NOTICE This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and the applicable
More informationRESULTS HIGHLIGHTS: A SOLID QTR TO CLOSE A SOLID YEAR
RESULTS HIGHLIGHTS: A SOLID QTR TO CLOSE A SOLID YEAR Customer Base 75.7 million customers Data Acceleration 34 million users (+26% YoY) Improving Profitability 30% EBITDA Margin Turnaround on Fixed business
More information2Q18 RESULTS. Rio de Janeiro, August 13, 2018
RESULTS Rio de Janeiro, August 13, 2018 IMPORTANT NOTICE This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and the applicable
More informationResults January March / Resultados 4T13 Telefônica Brasil S.A.
Results January March / 2014 Resultados 4T13 0+ TELEFÔNICA BRASIL REACHES MARGIN OF 29.8% WITH STRICT COST CONTROL DESPITE THE HIGHER COMMERCIAL ACTIVITY IN THE PERIOD HIGHLIGHTS Accelerated growth of
More informationHellas Group 3nd Quarter 2007 Results. November 15, 2007
Hellas Group 3nd Quarter 2007 Results November 15, 2007 Forward looking statement This presentation includes forward-looking statements. These forward-looking statements include all matters that are not
More informationDEUTSCHE TELEKOM Q2/2018 RESULTS
DEUTSCHE TELEKOM Q2/2018 RESULTS DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking
More informationTelefónica Czech Republic
Telefónica Czech Republic Quarterly Results January September 2013 5 th November 2013 CAUTIONARY STATEMENT Any forward-looking statements concerning future economic and financial performance of Telefónica
More informationDEUTSCHE TELEKOM Q3/2018 RESULTS. Not to be released until November 8, 2018 Start statement Timotheus Höttges
DEUTSCHE TELEKOM Q3/2018 RESULTS Not to be released until November 8, 2018 Start statement Timotheus Höttges DISCLAIMER This presentation contains forward-looking statements that reflect the current views
More informationHIGHLIGHTS. Focus on customer profitability and indisputable leadership within postpaid and data customers
Results January March / 2013 + TELEFÔNICA BRASIL RECORDS ANNUAL GROWTH IN THE RECURRENT EBITDA FOR THE 3 RD QUARTER IN A ROLL, WITH INCREASE OF 2.0% AND EBITDA MARGIN OF 33.2% HIGHLIGHTS Focus on customer
More informationHellas Group 4th Quarter 2007 Results. February 19, 2008
Hellas Group 4th Quarter 2007 Results February 19, 2008 Forward looking statement This presentation includes forward-looking statements. These forward-looking statements include all matters that are not
More informationNOTA DE PRENSA PRESS RELEASE
NOTA DE PRENSA PRESS RELEASE Madrid, 21st February 2019 TELEFÓNICA CONSOLIDATES ITS TRANSFORMATION PROCESS Telefónica s net profit increased 6.4% in 2018 to 3,331M: Leader in fiber, both in Europe and
More informationMAGYAR TELEKOM GROUP FULL YEAR AND Q RESULTS PRESENTATION FEBRUARY 26, 2015
MAGYAR TELEKOM GROUP FULL YEAR AND Q4 RESULTS PRESENTATION FEBRUARY 26, 215 FULL YEAR RESULTS, OUTLOOK AND GUIDANCE HIGHLIGHTS STRENGTHENED MARKET POSITIONS We are now market leaders in all segments of
More informationEarnings Release March 2018
TELECOM ARGENTINA Earnings Release March 2018 FY2017 This presentation may include statements that could constitute forward-looking statements, including, but not limited to, the Company s and it s management
More informationTelecom Industry Trends FROM 2017, BRAZILIAN ECONOMY IS EXPECTED TO PRESENT GDP GROWTH, WITH CONTINUOUS MARKET INCREASE
Telecom Industry Trends FROM 2017, BRAZILIAN ECONOMY IS EXPECTED TO PRESENT GDP GROWTH, WITH CONTINUOUS MARKET INCREASE 2,66 2,34 A Exchange rate (R$/US$) 3,26 3,90 3,69 3,78 3,45 3,50 3,53 3,60 3,30 3,96
More informationTelefónica, S.A Investor Relations
Disclaimer This document contains statements that constitute forward looking statements about the Company including financial projections and estimates and their underlying assumptions, statements regarding
More informationMANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS TELEFONICA CELULAR DEL PARAGUAY S.A. As at and for the three month period ended 31 March 2017 1. Overview We are a
More informationSecond Quarter 2014 results
Second Quarter 2014 results KPN shows another quarter of good strategic progress. The outlook is maintained. Continued operational progress in The Netherlands High postpaid net adds in Consumer Mobile
More information2Q15 RESULTS RIO DE JANEIRO, 13 AUGUST 2015
RESULTS RIO DE JANEIRO, 13 AUGUST 2015 IMPORTANT NOTICE This release contains forward-looking statements, according to the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not
More informationWITH STRATEGY FOCUSED ON VALUE GENERATION AND SOLID OPERATING EVOLUTION, TELEFÔNICA
Results January December / 2013 0+ WITH STRATEGY FOCUSED ON VALUE GENERATION AND SOLID OPERATING EVOLUTION, TELEFÔNICA BRASIL RECORDED IN 2013 RECURRENT EBITDA OF R$10.5 BILLION WITH 30.4% MARGIN HIGHLIGHTS
More informationAcquisition of UPC Austria: Creating a Fixed-Mobile Convergence Challenger in Austria Investor presentation
Acquisition of UPC Austria: Creating a Fixed-Mobile Convergence Challenger in Austria Investor presentation 22 December 2017 Disclaimer This presentation contains forward-looking statements that reflect
More informationNeither this presentation nor any of the information contained herein constitutes an offer of purchase, sale or exchange, nor a
Disclaimer This document contains statements that constitute forward looking statements about Telefónica Group (going forward, the Company or Telefónica) including financial projections and estimates and
More informationo Fixed voice accesses recorded growth (+13 thousand accesses in 2Q13 over 1Q13), for the first time since 3Q10;
Results April June / 2013 + TELEFÔNICA BRASIL CONSOLIDATES ITS LEADERSHIP IN THE MOBILE BUSINESS IN 2Q13 AND CONFIRMS POSITIVE OPERATING AND FINANCIAL TRENDS IN THE FIXED-LINE BUSINESS HIGHLIGHTS Positive
More informationQ Results. October 28, 2015
Q3 205 Results October 28, 205 Q3 205 HIGHLIGHTS Strong market position and financial strength form basis for long-term success Continued execution on industrial plan with significantly more upside Focus
More information1H 2010 Strategy & Results Presentation. August 31 st, 2010
1H 2010 Strategy & Results Presentation August 31 st, 2010 1 Disclaimer This document has been prepared by ILIAD S.A. (the "Company ) and is being furnished to you personally solely for your information.
More informationResults presentation 1Q18. 3 May 2018
Results presentation 1Q18 3 May 2018 Disclaimer This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Euskaltel, S.A. ("Euskaltel" or "the Company").
More informationDEUTSCHE TELEKOM Q1/15 Results
DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking
More informationResults presentation 1H July 2018
Results presentation 1H18 27 July 2018 Disclaimer This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Euskaltel, S.A. ("Euskaltel" or "the Company").
More information3Q 17 Results November 10, Q 17 Results TELECOM ITALIA GROUP
3Q 17 Results November 10, 2017 3Q 17 Results TELECOM ITALIA GROUP Safe Harbour This presentation contains statements that constitute forward looking statements within the meaning of the Private Securities
More informationFourth Quarter and Annual Results 2015
Fourth Quarter and Annual Results 2015 Highlights Rising customer satisfaction supporting continued strong base growth in Consumer in Q4 2015 and FY 2015 +40k broadband net adds (FY 2015: +139k) and +69k
More informationHIGHLIGHTS. Focus on customer profitability and sustainable leadership in higher revenue segments
Results January December / 2012 + TELEFÔNICA BRASIL REACHES A RECORD PROFITABILITY IN 4Q12 WITH R$ 3.9 BILLI EBITDA, REPRESENTING ANNUAL GROWTH OF 16.5% AND EBITDA MARGIN OF 43.3% HIGHLIGHTS Focus on customer
More information1Q 17 Results TELECOM ITALIA GROUP
1Q 17 Results May 3, 2017 1Q 17 Results TELECOM ITALIA GROUP Flavio Cattaneo Piergiorgio Peluso Safe Harbour This presentation contains statements that constitute forward looking statements within the
More informationTransaction overview. The combined company will have: Revenues of US$5,9 Bn EBITDA of US$1,8 Bn (EBITDA Capex) of US$0,4 Bn
0 Disclaimer This presentation may include statements that could constitute forward-looking statements, including, but not limited to Telecom Argentina s (the Company ) and it s management expectations
More informationFirst quarter 2017 results
[DRAFT 21-04-2017] First quarter 2017 results 28 April 2017 Key highlights 1 2 3 Market context Host migration for R cable customers finished with a successful outcome and certain one-off impact KPI performance
More information2015 Q4 and FY Results. Mauricio Ramos, CEO Tim Pennington, CFO 10 February 2016
2015 Q4 and FY Results Mauricio Ramos, CEO Tim Pennington, CFO 10 February 2016 Disclaimer This presentation may contain certain forward-looking statements with respect to Millicom s expectations and plans,
More informationFourth Quarter & Fiscal Year 2012 Earnings Results. Conference Call Presentation
Fourth Quarter & Fiscal Year 2012 Earnings Results Conference Call Presentation Disclaimer This presentation is based on audited financial statements and may include statements that could constitute forward-looking
More informationAnnual Results January-December 2008
Annual Results January-December 2008 TELEFONICA, S.A. February 26th, 2009 1 Disclaimer This document contains statements that constitute forward looking statements about the Company including financial
More informationMAGYAR TELEKOM GROUP Q RESULTS PRESENTATION AUGUST 7, 2014
MAGYAR TELEKOM GROUP Q2 214 RESULTS PRESENTATION AUGUST 7, 214 STRATEGIC HIGHLIGHTS CUSTOMER EXPERIENCE Portfolio simplification Integrated offerings Faster and tailor made customer service PARTNERING
More informationMANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS TELEFONICA CELULAR DEL PARAGUAY S.A. As at and for the year ended 31 December 2016 1. Overview We are a leading multinational
More informationDEUTSCHE TELEKOM Q2/14 Results
DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking
More informationDEUTSCHE TELEKOM Q4/12 RESULTS
DEUTSCHE TELEKOM RESULTS DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking
More informationDeutsche Telekom Q3/2017 Results
Deutsche Telekom Q3/2017 Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking
More informationOTE Corporate Presentation. London, Sep 2010
OTE Corporate Presentation London, Sep 2010 Forward-Looking Statement Any statements contained in this document that are not historical facts are forwardlooking statements as defined in the U.S. Private
More informationDeutsche Telekom Q1/2016 Results
Deutsche Telekom Q1/2016 Results DIsclAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking
More informationSecond Quarter 2018 Results
Second Quarter 2018 Results Highlights Focus on value and convergence delivers ongoing success in Consumer +19k fixed-mobile households, reaching 44% of broadband base (Q2 17: 40%) +46k fixed-mobile postpaid
More information1H 2009 Results & Strategy Presentation. August 27th, 2009
1H 2009 Results & Strategy Presentation August 27th, 2009 Disclaimer This document has been prepared by ILIAD S.A. (the «Company») and is being furnished to you personally solely for your information.
More informationTHE 4TH OPERATOR CLEAR VALUE CREATION OPPORTUNITIES
September 2017 THE 4TH OPERATOR CLEAR VALUE CREATION OPPORTUNITIES p.0 Legal disclaimer This document is for information purposes only and does not constitute an offer to sell, exchange or buy, nor is
More information1Q16 Results. 28 April 2016
1Q16 Results 28 April 2016 1Q16 Key highlights 1 1 Inflexion point in residential subs (+1.5k vs. 4Q15), both in fixed and mobile customers, providing high value products to our customers (80% of gross
More informationTELENOR GROUP SECOND QUARTER Sigve Brekke, CEO
TELENOR GROUP SECOND QUARTER Sigve Brekke, CEO DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ( relevant
More informationMD&A. Executive Summary. Operational Summary MANAGEMENT DISCUSSION AND ANALYSIS FIRST QUARTER 2018
MD&A Executive Summary In Q118, dtac reported strong EBITDA growth of 21% YoY and EBITDA margin of 43.8%, mainly driven by lower handset subsidies and regulatory cost, despite 1.1%YoY decline in service
More information3Q15 RESULTS RIO DE JANEIRO, NOVEMBER 12, 2015
RESULTS RIO DE JANEIRO, NOVEMBER 12, 2015 IMPORTANT NOTICE This release contains forward-looking statements, according to the U.S. Private Securities Litigation Reform Act of 1995. Statements that are
More informationTELECOM ITALIA GROUP dbaccess TMT Conference London, September 4th, Telecom Italia Group. Marco Patuano
TELECOM ITALIA GROUP London, September 4th, 2015 Telecom Italia Group Safe Harbour This presentation contains statements that constitute forward looking statements within the meaning of the Private Securities
More informationSubmission to the General Meeting of Magyar Telekom Plc.
Submission to the General Meeting of Magyar Telekom Plc. Report of the Board of Directors on the management of Magyar Telekom Plc., on the business operation, on the business policy and on the financial
More informationPreliminary Results January September 2013
Preliminary Results January September 2013 Disclaimer The financial information contained in this document (in general prepared under International Financial Reporting Standards (IFRS)) contains in respect
More informationTELENOR GROUP THIRD QUARTER Sigve Brekke, CEO
TELENOR GROUP THIRD QUARTER Sigve Brekke, CEO DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ( relevant
More informationBezeq Group. Third Quarter 2008 Results. Investor Presentation
Bezeq Group Third Quarter 2008 Results Investor Presentation 1 Disclaimer Forward-Looking Information and Statement This presentation contains general data and information as well as forward looking statements
More informationThird Quarter 2016 Results
Third Quarter 2016 Results Highlights Customer base growth in Consumer driven by continuous improvements in customer experience Fixed-mobile bundles now represent 40% of postpaid base (Q3 2015: 28%) and
More informationFirst Quarter Results April 2017
First Quarter Results 2017 26 April 2017 Safe harbor Alternative performance measures and management estimates This financial report contains a number of alternative performance measures (non-gaap figures)
More informationAltice Europe N.V. Q Results August 2, 2018
Altice Europe N.V. Q2 2018 Results August 2, 2018 Disclaimer FORWARD-LOOKING STATEMENTS Certain statements in this presentation constitute forward-looking statements. These forward-looking statements include,
More informationFY 2009 Strategy & Results Presentation. March 23 rd, 2010
FY 2009 Strategy & Results Presentation March 23 rd, 2010 Disclaimer This document has been prepared by ILIAD S.A. (the "Company ) and is being furnished to you personally solely for your information.
More informationTIM Participações S.A. 9ª Conferência Anual Santander - Brasil Agosto/2008
TIM Participações S.A. 9ª Conferência Anual Santander - Brasil Agosto/2008 Market overview Operation 2Q08 highlights 2H08 perspectives Financials 2 Telecom Industry Overview Mobile Fixed Broadband 56%
More informationMAGYAR TELEKOM GROUP Q RESULTS PRESENTATION MAY 10, 2017
MAGYAR TELEKOM GROUP Q1 217 RESULTS PRESENTATION MAY 1, 217 Q1 217 FINANCIAL RESULTS AND 217 TARGETS* REVENUE EBITDA CAPEX Q1 217 vs. Q1 216 HUF 14.5 bn (+1.6%) Revenue growth in mobile driven by mobile
More informationPreliminary Results January March 2014
Preliminary Results January March 2014 Telefónica Deutschland Holding AG Disclaimer The financial information contained in this document (in general prepared under International Financial Reporting Standards
More information2017 MD&A True Corporation PLC. Executive Summary:
2017 MD&A True Corporation PLC. Executive Summary: True Group reported a net profit of Baht 5.4 billion in the fourth quarter and Baht 2.3 billion in 2017 driven by record-high revenue and EBITDA, corporate-wide
More informationCOMMUNICATION OF A RELEVANT FACT MASMOVIL GROUP. 29 th October 2018
COMMUNICATION OF A RELEVANT FACT MASMOVIL GROUP 29 th October 2018 The following Relevant Fact is provided regarding the company MASMOVIL IBERCOM, S.A. (hereinafter either the MASMOVIL Group or MASMOVIL,
More informationHighlights on results
Page 1 Highlights on results Excellent financial performance Fixed revenue decreased by 0.5% yoy, EBITDA margin increased to 31.6% Growth in internet, TV and ICT services more than compensates for declining
More informationFree Translation into English of Quarterly Information (ITR) Originally Issued in Portuguese
Free Translation into English of Quarterly Information (ITR) Originally Issued in Portuguese Index Company Information... 2 Capital... 3 Parent Company Financial Statements Balance Sheet Assets... 4 Balance
More information2017 MD&A Advanced Info Service Plc.
Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in both pricing environment and handset campaigns
More informationFourth Quarter and Annual Results 2016
Fourth Quarter and Annual Results 2016 Highlights Fourth consecutive quarter in 2016 with strong convergence trends and high value customer base growth in Consumer Fixed-mobile bundles now represent 43%
More informationAcquisition of Cable Onda
Acquisition of Cable Onda Millicom International Cellular S.A. Luxembourg, October 7, 208 Disclaimer This presentation may contain certain forward-looking statements with respect to Millicom s expectations
More informationSunrise Communications Group AG Investor Presentation, September 2015
Sunrise Communications Group AG Investor Presentation, September 2015 Disclaimer This document and any materials distributed in connection herewith (including any oral statements) (together, the Presentation
More informationOTE GROUP REPORTS 2018 THIRD QUARTER RESULTS
OTE GROUP REPORTS 2018 THIRD QUARTER RESULTS Group Adjusted EBITDA up 4.7%, driven by another very solid performance in Greece Greece total Revenue up 1.9%, Adjusted EBITDA up 5.7%, fueled by: o Double-digit
More informationH results. Stéphane Richard, Chairman and CEO Gervais Pellissier, Deputy CEO and CFO. July 29 th, 2014
H1 2014 results Stéphane Richard, Chairman and CEO Gervais Pellissier, Deputy CEO and CFO July 29 th, 2014 disclaimer This presentation contains forward-looking statements about us. Although we believe
More informationFree Translation into English of Quarterly Information (ITR) Originally Issued in Portuguese
Free Translation into English of Quarterly Information (ITR) Originally Issued in Portuguese Index Company Information... 2 Capital... 3 Parent Company Financial Statements Balance Sheet Assets... 4 Balance
More informationWind Tre First Half 2018 Results. 1 August 2018
Wind Tre First Half 2018 Results 1 August 2018 H1 2018 highlights External environment Market Persistent and intense competition in both mobile and fixed markets Pricing pressure led by new entrant, main
More informationAnnual Results January December 2006
Annual Results January December March 1st, 2007 This presentation is being broadcast live on the Internet Disclaimer This document contains statements that constitute forward looking statements in its
More information24 August slide 1
slide 1 Highlights on results Very strong H1 2007 financial performance Fixed revenue grew 0.5% yoy. Growth of Internet, TV and ICT services compensates for declining traditional voice Outstanding result
More informationpreliminary results Telefónica Deutschland July 2017 Public Nicht vertraulich
Q2 2017 preliminary results Telefónica Deutschland Razón Investor social Relations 00.00.2015 26 July 2017 Public Nicht vertraulich Disclaimer This document contains statements that constitute forward-looking
More informationTELENOR GROUP FOURTH QUARTER Jørgen C. Arentz Rostrup, CFO
TELENOR GROUP FOURTH QUARTER Jørgen C. Arentz Rostrup, CFO DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated
More informationTELENOR GROUP FIRST QUARTER Sigve Brekke, CEO
TELENOR GROUP FIRST QUARTER Sigve Brekke, CEO DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ( relevant
More information1Q18 MD&A Advanced Info Service Plc.
Executive Summary Expand into potential growth areas of enterprise and mobile money AIS has executed two strategic deals totaling Bt4. 2bn of cash transactions in 1Q18. First was the acquisition of CS
More informationQ4 & FY 2018 RESULTS. 30 January 2019
Q4 & FY 2018 RESULTS 30 January 2019 Safe harbor Alternative performance measures and management estimates This financial report contains a number of alternative performance measures (non-gaap figures)
More informationOTE Corporate Presentation
OTE Corporate Presentation BNP Paribas 9th Annual High Yield & Leveraged Finance Conference 2013 Tuesday, January 15 th 2013 1 OTE Group Overview 2 The Group today OTE is the leading integrated telecommunications
More informationTelefónica Deutschland releases 2012 full year results
27 th February 2013 Telefónica Deutschland releases 2012 full year results MUNICH. Telefónica Deutschland continued its good trend in both financial and operating performance in the fourth quarter of the
More informationOrange financial results
H1 2016 Orange financial results Stéphane Richard Chairman and CEO Ramon Fernandez Deputy CEO, Chief Financial and Strategy Officer 23 February 2017 FY Disclaimer This presentation contains forward-looking
More informationEmbratel Participações Earnings Release First Quarter 2003 Results 1
Embratel Participações Earnings Release First Quarter 2003 Results 1 Rio de Janeiro, Brazil May 6, 2003 Embratel Participações S.A. (Embratel Participações or the Company ) NYSE: EMT; BOVESPA: EBTP3, EBTP4
More informationVodafone Group Plc Q3 Results. Vittorio Colao, Chief Executive Andy Halford, Chief Financial Officer 3 February 2009
Vodafone Group Plc Q3 Results Vittorio Colao, Chief Executive Andy Halford, Chief Financial Officer 3 February 2009 1 Disclaimer The following presentation is being made only to, and is only directed at,
More informationO2 Czech Republic, a. s. 31st January Quarterly Results January December 2016
O2 Czech Republic, a. s. 31st January 2017 Quarterly Results January December 2016 Cautionary statement Any forward-looking statements concerning future economic and financial performance of O2 Czech Republic
More informationTELENOR GROUP Third quarter Sigve Brekke, CEO
TELENOR GROUP Third quarter 2018 Sigve Brekke, CEO 1 Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated
More informationAnnual results results in line with outlook, 2012 to be transition year
Financial report Q4 2011, 24 January 2012 Annual results 2011 2011 results in line with outlook, 2012 to be transition year Highlights Financial results in line with full-year outlook The Netherlands overall
More informationOTE GROUP REPORTS 2018 FIRST QUARTER RESULTS
OTE GROUP REPORTS 2018 FIRST QUARTER RESULTS Group EBITDA up 3.6% on robust performance in Greece Greece progress fueled by successful investments: o Accelerating take-up of fiber broadband o Growth in
More informationGrameenphone Ltd. First Quarter. Michael Patrick Foley, CEO
Grameenphone Ltd. First Quarter Michael Patrick Foley, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated
More informationQ Financial Results Conference call for investors May 14 th, 2015
Q1 215 Financial Results Conference call for investors May 14 th, 215 Total Netia Key highlights for Q1 215 Revenue was PLN 389m for Q1 215 (-4% q-o-q and -11% y-o-y) Profitability maintained thanks to
More information