Dialog Axiata PLC · CSELK:DIAL.N0000

Dialog Axiata — Q2 2014 Earnings Presentation

15 slides from Dialog Axiata's earnings presentation, Aug 8, 2014

  1. Slide 1: Dialog Axiata PLC Q2 2014 Results

    Enriching Sri Lankan Lives Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q2 2014 RESULTS 8th August 2014 an axiata company

  2. Slide 2: Dialog Group Performance

    Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 2

  3. Slide 3: Group Performance Highlights – Q2 2014

    Dialog Group Performance Highlights – Q2 2014  Q2 14 Group Revenue growth led by Mobile and Pay TV revenues Group revenue at Rs16.7bn up by 2% QoQ and 7% YTD  Group EBITDA at Rs5.3bn increased by 12% QoQ driven by higher revenue and cost improvement however EBITDA dropped by 1% on a YTD basis  Gr

  4. Slide 4: Group Financial Summary

    Group Financial Summary (All figures in Rs Mn) Q2 14 QoQ 1H 14 YTD Revenue 16,654 2% 32,985 7% EBITDA 5,250 12% 9,949 -1% PAT 1,657 31% 2,926 15% EBITDA Margin 31.5% +2.7pp 30.2% -2.3pp PAT Margin 9.9% +2.1pp 8.9% +0.7pp ROIC 11.1% +4.1pp 9.2% -3.5pp All key financial matrices improved on a QoQ basi

  5. Slide 5: Group Revenue Continues its Growth Momentum, Increasing 2% QoQ and 7% YTD

    Group Revenue Continues its Growth Momentum, Increasing 2% QoQ and 7% YTD Revenue (Rs Mn) +7% +7% 35,000 32,985 30,872 30,000 +2% 25,000 20,000 15,630 16,125 16,301 16,331 16,654 15,000 10,000 5,000 - Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 . 1H 13 1H 14 Group revenue grew by 2% QoQ and 7% YTD Mobile continue

  6. Slide 6: Improvement in Profitability driven by Revenue Growth and Lower Operating Costs

    Improvement in Profitability driven by Revenue Growth and Lower Operating Costs Group EBITDA (Rs Mn) & Margin (%) +4% -1% +12% 10,039 9,949 10,000 100% 90% EBITDA improvement driven by higher 8,000 80% revenue and lower operating costs 70% 6,000 5,055 5,241 5,250 60% 4,636 4,699 50% YTD 13 EBITDA pe

  7. Slide 7: Lower Total Cost driven by drop in Direct expenses, Network Opex and Overheads

    Lower Total Cost driven by drop in Direct expenses, Network Opex and Overheads Total Costs % of Revenue Q2 13 Q1 14 Q2 14 1H 13 1H 14 Total cost to revenue improved by 29.9% 30.6% 27.0% 28.8% 28.8% 2.8ppts QoQ; lower direct and network Direct expenses cost negated by higher bad debt 11.7% 12.3% 13.0

  8. Slide 8: Q2 2014 Capex of Rs2.5bn, capex intensity of 15%

    Q2 2014 Capex of Rs2.5bn, capex intensity of 15% Capex (Rs mn) and Capex Intensity (%) 11,004 200% 180% 10,000 7,860 160% 8,000 140% 6,127 120% 6,000 100% 70% 3,160 80% 48% 4,000 38% 2,485 60% 2,000 19% 40% 15% 20% - 0% Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Capex focus on network coverage and capacity expan

  9. Slide 9: Dialog Axiata Company Performance

    Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 9

  10. Slide 10: Dialog Axiata PLC (Company): Key Financial Highlights

    Dialog Axiata PLC (Company): Key Financial Highlights +5% +6% +1% 28,554 27,060 95% 25,000 75% 20,000 15,000 13,722 14,140 14,245 14,188 14,366 55% 32% 33% 33% 33% 31% 10,000 29% 29% 35% 5,000 15% 12% 11% 10% 14% 12% 10% - 7% -5% Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 1H 13 1H 14 Revenue - Rs Mn EBITDA margi

  11. Slide 11: Mobile Subscriber Growth of 3% QoQ and 15% YoY

    Mobile Subscriber Growth of 3% QoQ and 15% YoY No of Subscribers’000 Blended MoU & RPM (Rs) Total subs growth +3% qoq ;+15% yoy Postpaid subs growth +2% qoq ;+2% yoy Prepaid subs growth +3% qoq; +16% yoy 2.49 200 2.44 8,275 9,491 362 363 359 350 348 341 2.39 150 978 9,000 960 2.33 300 944 963 8,000

  12. Slide 12: Subsidiaries Performance

    Dialog Group Performance Dialog Axiata Company Performance Subsidiaries Performance 12

  13. Slide 13: Dialog Television: Key Financial Highlights

    Dialog Television : Key Financial Highlights No of subscribers ’000 +34% +30% Total subs growth +10% qoq; +35% yoy Postpaid subs growth +7% qoq; +23% yoy +9% 2,300 2,247 150% Prepaid subs growth +41% qoq; +458% yoy 390 400 288 1,800 1,724 350 47 100% 34 26 300 8 16 1,174 1,300 250 1,073 983 50% 876

  14. Slide 14: Dialog Broadband Networks: Key Financial Highlights

    Dialog Broadband Networks : Key Financial Highlights 17th Consecutive Quarter of Positive EBITDA +4% +2% +2% 3,000 2,901 2,959 150% 2,500 2,000 100% 1,500 1,439 1,458 1,458 1,468 1,491 32% 50% 1,000 24% 23% 17% 17% -2% 30% -13% -14% 17% -21% 0% 500 -23% -3% -22% - -50% Q2 13 Q3 13 Q4 13 Q1 14 Q2 14

  15. Slide 15: Thank You

    Thank You Dialog

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