Slide 1: Dialog Axiata PLC – Sri Lanka's Premier Connectivity Provider Q2 2018
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q2 2018 an axiata company
Slide 2: Group Performance, Company Performance, Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance divi/doc title/ author initials -dd-mm-yy company confidential 2 2
Slide 3: Dialog Group Performance Highlights – Q2 2018
Dialog Group Performance Highlights – Q2 2018 Dialog Posts 17% Revenue Growth and 32% EBITDA All Business Segments Aggressive Growth YTD while QoQ Performance Moderated Delivered a Strong 1H Subscriber Growth Performance YTD QoQ YoY Revenue +17% Q2 18 - Rs26.6Bn +2% +16% Mobile Mobile Reached 13.2 M
Slide 4: Group Financial Summary
GROUP FINANCIAL SUMMARY All Financial Indicators Improved Significantly YTD with Revenue, EBITDA and PAT growing at 17%, 32% and 46% respectively; QoQ PAT Impacted by Higher Depreciation and Non-Cash Translational Forex losses Rs Mn 1H 2018 YTD 2Q 18 QoQ YoY Revenue 52,690 17% 26,607 2% 16% EBITDA 2
Slide 5: Revenue Performance
REVENUE PERFORMANCE Group Continued its Growth Trajectory, Recording a Growth of 17% YTD and 16% YoY Resilient Growth in Core Revenue Driving Overall Revenue Growth +17% | Norm1 +16% +16% | Norm1 +15% 70,000 52,690 +2% | Norm1 +2% 60,000 256 50,000 45,177 26,607 40,000 26,083 30,000 52,434 23,012 10
Slide 6: EBITDA and Profitability
EBITDA AND PROFITABILITY Group EBITDA Delivered via Revenue Growth and Cost Management; QoQ Group PAT Impacted by Higher Depreciation and Non-Cash Translational Forex Losses Strong EBITDA Growth YTD and QoQ with 1H 18 Significant PAT improvement YTD (Norm)1 up 41%; EBITDA Margin (Norm1) of 36.8% QoQ
Slide 7: Capex Investments
CAPEX INVESTMENTS Focused Capex Investments to Support Rapid Growth in Data – Rs11.2Bn Invested in 1H 2018, up 34%; Capex Intensity at 21% Capex Investments Directed Towards Expanding Data Capex Investments into 4G capacity Upgrades and Coverage Network; Mobile 4G and Fixed LTE PoP Coverage Reached
Slide 8: Balance Sheet
BALANCE SHEET Group’s Net Debt to EBITDA Remained Healthy at 0.90x (Rs Mn) 30 June 18 31 Mar 18 30 June 17 Gross Debt 42,291 33,673 33,402 Net Debt 36,669 30,615 28,887 Cash and Cash Equivalents 5,623 3,058 4,515 Gross Debt / Equity (x) 0.65 0.50 0.61 Gross Debt/ EBITDA (x) 1.04 0.85 1.09 Net Debt/
Slide 9: Dialog Axiata PLC - Company Performance
Dialog Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance 99
Slide 10: Dialog Axiata PLC (Company)
DIALOG AXIATA PLC (COMPANY) Dialog Continues to Capture Market Share; Strong Growth in Data Supporting ARPU Increase Growth in Data Driving Revenue Increase Mobile ARPU increase both YTD and QoQ while MOU (Rs Mn) declined QoQ; Data ARPU Growth Resumes in Q2 18 +12% +12%|Norm1 +13% +3% 398 400 450 10
Slide 11: Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 11 11
Slide 12: Dialog Television
DIALOG TELEVISION Revenue Growth and Strong Cost Optimisation Driving YTD Improvement in Profitability Growth in Subscription and Connection Fee Driving TV Subscriber Growth led by Prepaid and Postpaid Revenue YTD; QoQ Revenue Drop due to Decrease in with Improved Churn Management Drives (Rs Mn) Adv
Slide 13: Dialog Broadband Networks – Fixed Business
DIALOG BROADBAND NETWORKS – FIXED BUSINESS Revenue Growth Driven on the back of Network Coverage Expansion and Aggressive Market Capture Strong Growth in YTD Revenue resulting from Home BB Revenue Growth; QoQ Revenue Declined 5%; however normalised for one-off’s in Q1 18, Revenue grew 1.4% QoQ (Rs M
Slide 14: Thank You
Dialog Thank You 14