Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Q3 FY17 Earnings Presentation
15 slides from Vodafone Qatar Qsc's earnings presentation, Jan 31, 2017
Slide 1: Vodafone Qatar Q.S.C Financial Results
Vodafone Qatar Q.S.C Financial Results Quarter ended 31 December 2016 31January 2017
Slide 2: Disclaimer
Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation con
Slide 3: Introduction
Introduction Ian Gray Chief Executive Officer 3
Slide 4: The turnaround is evident and follows plan previously shared
The turnaround is evident and follows plan previously shared Outcome of Longer Term / Recent Performance Progress Outlook • Higher quality services and • EBITDA Margin continues • Regulatory action needed products improvement on open fixed access • Brand / Network • Cash position improved • Internat
Slide 5: Financial Summary
Financial Summary R.Ramamoorthy Chief Financial Officer 5
Slide 6: Financial Summary
Financial Summary For the nine months ended 31 December 2016 QR m 9m to YoY (unless otherwise stated) Dec-16 Growth Mobile Customers (000) 1,472 (2%) • Lower Customer Base decline completion of one-time base clean-up in Q2 Total Revenue 1,541 (3.9%) Service Revenue 1,460 (2.3%) • Total Revenue decli
Slide 7: Mobile Customers (000's)
Mobile Customers (000’s) Customer Growth vs. Population Growth +1% 1,501 1,548 1,458 1,457 1,472 Customer 220 237 Postpaid 4.4% Growth 236 243 256 Prepaid 3.1% 3.1% Population 1.7% Growth 3.1% 0.0% 1.0% 1,281 1,311 1,222 1,214 1,216 1.0% -2.0% Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 -5.8% Mobile 32.4% 33
Slide 8: Service Revenue (QR m)
Service Revenue (QR m) +1% 498 491 472 485 484 43 35 37 42 36 128 Prepaid 136 142 145 155 Postpaid Other • Prepaid revenue 2.7% lower − Continued declined in international voice to VOIP − Offset by growth in data usage 327 307 302 • Postpaid grew by 7.3% driven by customer growth 300 294 • Total Rev
Slide 9: EBITDA & Distributable Profits (QR m)
EBITDA & Distributable Profits (QR m) +23% EBITDA Margin % 2.8 31.2% 169 27.4% 2.9 2.9 27.4% 1.0 132 137 31.2% EBITDA 27.4% EBITDA Margin 24.5% 100 20.0% Distributable 58 69 Profit 11.3% 29 37 1 Q2 FY17 Product Mix OPEX & Underlying Terminals One-Offs Q3 FY17 & Pricing Direct Q3 FY17 (79) Costs Dec-
Slide 10: CAPEX and Financing Position (QR m)
CAPEX and Financing Position (QR m) Net Financing Position (QR m) 896 892 917 125 CAPEX 851 119 Intensity 770 +9% 68 52 40 22% 24% 10% 13% 8% Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 • Increase Capex investment driven by sites rollout and IT infrastructure • Decrease in
Slide 11: FY17 Guidance
FY17 Guidance Qatari Riyals Actual FY16 Guidance FY17 Total Revenue 2,119m 2,030m – 2,070m Service Revenue 1,966m 1,940m – 1,980m EBITDA Margin % 18.9% 24.5% - 25% Capital Intensity % 18.7% 12.7% Free Cash Flow (134.4m) 90m to 110m Disclaimer: The above table contains forward-looking statements that
Slide 12: Questions
Questions 12
Slide 13: Appendices
Appendices 13
Slide 14: Financial Summary
Financial Summary Q3 Q4 Q1 Q2 Q3 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 QRm QRm QRm QRm QRm Total Revenue 537 516 501 499 541 Service Revenue 498 472 485 484 491 EBITDA 132 58 100 137 169 Net Loss (72) (180) (100) (64) (31) Distributable Profit 29 (79) 1 37 69 Capital Expenditure 119 125 40 52 68 Free C
Slide 15: Contact Details
Contact Details Visit our website for more information or send an email to InvestorRelationsQatar@vodafone.com www.vodafone.qa/en/investor-relations 15 Q3 FY17 Financial Results Presentation