Rogers Communications Inc. Class A · TSX:RCI.A
Rogers Communications Inc. Class A — Q1 2021 Earnings Presentation
15 slides from Rogers Communications Inc. Class A's earnings presentation, Apr 21, 2021
Slide 1: Q1 2021 Results
Q1 2021 Results April 21, 2021 1
Slide 2: Cautionary note
Cautionary note The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.’s (Rogers) investor conference call on April 21, 2021. These materials should be read in conjunction with the disclosure documents referenced below. Certa
Slide 3: Joe Natale, President and CEO
Joe Natale President and CEO 3
Slide 4: Wireless focused on execution
Wireless focused Largest unlimited-data base and on execution Canada’s largest 5G network Rogers’ 5G network connects 173 communities across the country 44k 0.88% Leader in unlimited – 2.6 million customers on Rogers Infinite unlimited Postpaid net adds Postpaid data plans churn Digital adoption – R
Slide 5: Continuous improvement in Cable
Continuous improvement in Cable +5% +8% Revenue Adj. EBITDA ($M) ($M) 1,020 487 973 453 Q1'20 Q1'21 Q1'20 Q1'21 5
Slide 6: Sports and Media seeing return of live broadcasts
Sports and Media seeing return of live broadcasts +7% +31% Revenue Adj. EBITDA ($M) 440 412 ($M) Q1'20 Q1'21 (59) (85) Q1'20 Q1'21 6
Slide 7: Our communities
Our communities Connected Ted Rogers Jays Care for Success Community Grants Foundation Expanding to 750 thousand Investing in the next Partnering to launch the more eligible households generation with grants Rookie League program across our Cable footprint to 42 youth organizations which will reach
Slide 8: Tony Staffieri, CFO
Tony Staffieri CFO 8
Slide 9: Q1 Wireless results
Q1 Wireless results -6% -1% +310 bps -7% Service Adjusted Adj. EBITDA Blended revenue EBITDA service margin ARPU ($M) ($M) (%) ($) 1,712 1,026 63.0 1,609 1,013 59.9 52.85 49.09 Q1'20 Q1'21 Q1'20 Q1'21 Q1'20 Q1'21 Q1'20 Q1'21 Strong postpaid loading and margin improvement despite ongoing service reve
Slide 10: Q1 Cable results
Q1 Cable results +5% +8% +24k +4% Service Adjusted Total customer ARPA Revenue EBITDA relationships ($M) ($M) (‘000s) ($) 1,018 487 2,512 2,536 133.95 453 128.91 971 Q1'20 Q1'21 Q1'20 Q1'21 Q1'20 Q1'21 Q1'20 Q1'21 Continued solid service revenue and adjusted EBITDA growth 10
Slide 11: Q1 Media results
Q1 Media results +7% +31% Revenue Adjusted EBITDA ($M) 440 412 ($M) Q1'20 Q1'21 (59) (85) Q1'20 Q1'21 Higher sports-related and online shopping revenue offsetting lower radio advertising revenue 11
Slide 12: Q1 consolidated results
Q1 consolidated results Q1'21 % Change Service revenue decline reflects In millions of dollars, except percentages and per share amounts lower roaming revenue due to travel restrictions during COVID-19, and Total service revenue 3,021 (1) lower overage revenue Adjusted EBITDA 1,391 4 Cost transforma
Slide 13: Strong financial position in COVID-19 environment
Strong financial position in COVID-19 environment Investment-grade balance sheet with healthy available liquidity position of $4.0 billion Debt leverage ratio of 3.0x Weighted average interest rate of 4.02% with average term to maturity of 13.7 years 13
Slide 14: Outlook
Outlook COVID-19 impacts including extended lockdowns continue to impact longer-term visibility Q2 results anticipated to show year-over-year improvements Rogers team continues to focus on customer service and driving efficiency across all businesses For further information, please see the "2021 Ful
Slide 15: Q1 2021 Results
Q1 2021 Results April 21, 2021 15
Rogers Communications — Q1 2021 Earnings Presentation on 6ix