Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q3 2020 Earnings Presentation
14 slides from Dialog Axiata's earnings presentation, 2020
Slide 1: Dialog Axiata PLC Q3 2020 Results
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q3 2020 Results an axiata company
Slide 2: Dialog Axiata Group Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 2
Slide 3: Group Performance Highlights – Q3 2020
DIALOG GROUP PERFORMANCE HIGHLIGHTS – Q3 2020 Stable Q3 2020; YTD Performance Improve on Cost Focus Despite Covid-19 Challenges Capex Investments Directed to All Key Business Segments Aggressive Subscriber Fulfil Growing Demand for Delivered Strong Growth YTD QoQ YoY Data and Digitisation Initiative
Slide 4: Group Financial Summary
GROUP FINANCIAL SUMMARY Rs Mn YTD 2020 YTD 3Q 20 QoQ YoY Revenue 87,894 +1% 30,471 +8% +5% EBITDA 36,508 +4% 13,641 +27% +14% PAT 8,597 +3% 4,797 +108% +225% OFCF 21,456 +22% 5,507 -19% +3% EBITDA Margin 41.5% +1.3pp 44.8% +6.8pp +3.7pp PAT Margin 9.8% +0.2pp 15.7% +7.5pp +10.6pp ROIC 12.1% -0.2pp 1
Slide 5: Group Revenue
GROUP REVENUE +1% +5% +8% 87,894 100 ,000 90, 000 87,163 80, 000 70, 000 60, 000 50, 000 40, 000 29,059 28,174 30,471 30, 000 20, 000 10, 000 0 YTD 19 YTD 20 Q3 19 Q2 20 Q3 20 Mobile Revenue remained stable YTD, recovered to record a growth of 12% QoQ and 4% YoY. International Revenue was up 4% YTD
Slide 6: Group EBITDA and PAT
GROUP EBITDA AND PAT PAT Growth Resulting from improved EBITDA, moderate Increase in EBITDA Growth Driven by Diligent Overall Cost Management Depreciation, Decline in Finance Cost coupled with Favorable Forex (Rs Mn) (Rs Mn) +3% | Norm +15% +225% | Norm +89% +4% +14% +108% | Norm +230% +27% 35,046 3
Slide 7: Focused Capex Investments to Accommodate Urgent Network Upgrades
FOCUSED CAPEX INVESTMENTS TO ACCOMMODATE URGENT NETWORK UPGRADES Capex Intensity at 14% in YTD 2020 Capex Investments Directed Towards Digitizing and Expanding Data Network; Mobile 4G and Fixed LTE PoP Coverage Reached 93% and 68% (Rs Mn) -13% -39% >+100% 13,904 14,0 00 12,033 12,0 00 7,273 10,0 00
Slide 8: Group Maintains a Strong Balance Sheet with Low Gearing
DIALOG GROUP MAINTAINS A STRONG BALANCE SHEET WITH LOW GEARING (Rs Mn) 30 Sep 20 30 Jun 20 31 Dec 19 30 Sep 19 Gross Debt 39,053 1 42,761 1 44,876 46,058 Net Debt 25,722 34,354 39,986 36,586 Cash and Cash Equivalents 13,331 8,407 4,890 9,472 Gross Debt / Equity (x) 0.49 0.58 0.60 0.64 Gross Debt/ EB
Slide 9: Dialog Axiata PLC - Company Performance
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 9
Slide 10: Dialog Axiata PLC (Company): YTD Revenue Growth Remain Challenged; Cost Focus Supporting Profitability
DIALOG AXIATA PLC (COMPANY) : YTD REVENUE GROWTH REMAIN CHALLENGED; COST FOCUS SUPPORTING PROFITABILITY YTD Growth Remains Negative Due to Covid-19 Associated Losses MOU’s Continue to Improve; ARPU Making a ‘v’ shaped recovery (Rs Mn) -2% +3% 500 20% (Rs) 450 379 378 380 349 384 15% +10% 400 62,102
Slide 11: Subsidiary Performance – Dialog Broadband and Dialog TV
Dialog Axiata Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance – Dialog Broadband and Dialog TV 11
Slide 12: Dialog Television
DIALOG TELEVISION Revenue Recovery in Q3 20 Resulting in Positive QoQ Performance. YTD Performance Challenged due to Covid YTD Revenue -1% Despite Strong Revenue Recovery in Lower Gross Adds and Churn amid Consumer Wallet Pressure Lead to a Q3 2020 drop in Q3 20 Subscribers Total subs growth -3% QoQ
Slide 13: Dialog Broadband Networks
DIALOG BROADBAND NETWORKS Profitability Continuing to Improve Strong Revenue Growth Driven by Growth in Fixed Broadband and EBITDA Improve amid Revenue Growth and Cost Management International Wholesale Revenue for YTD and YoY (Rs Mn) +13% | Fixed (+4%) Int. (+24%) +10% | Fixed (+6%) Int. (+15%) (Rs
Slide 14: Thank you
Thank you For further information Contact : Investor relations Team, Dialog Axiata PLC Mobile : +94 777332052 Email : ir@dialog.lk Web site : www.dialog.lk 14