Global Telecom Holding S.a.e. · EGX:GTHE

Global Telecom Holding S.a.e — Q2 2017 Earnings Presentation

14 slides from Global Telecom Holding S.a.e's earnings presentation, Aug 3, 2017

  1. Slide 1: Q2 2017 results update

    Q2 2017 results update © Global Telecom Holding 2017 Amsterdam – 3 August 2017 Vincenzo Nesci – Chief Executive Officer Gerbrand Nijman – Chief Financial Officer 1

  2. Slide 2: Disclaimer

    Disclaimer This presentation is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy shares in Global Telecom Holding S.A.E. (the "Company"). Further, it does not constitute a recommendation by the Company or any other party to sell or buy sha

  3. Slide 3: Q2 2017 financial highlights

    Q2 2017 financial highlights © Global Telecom Holding 2017 3

  4. Slide 4: Q2 2017 financial highlights

    Q2 2017 financial highlights Service revenue Mobile customers (USD MILLION ) (MILLION) ► Service revenue declined organically 1% YoY: • Performance in Algeria and Bangladesh 732 98.7 ► • Partially offset by strong growth in Pakistan Mobile data revenue organic growth of 52% YoY © Global Telecom Hold

  5. Slide 5: Q2 2017 income statement

    Q2 2017 income statement Reported USD millions 2Q17 2Q16 YoY Service revenue 731.6 669.3 9.3% -Of which mobile data revenue 105 63 66.6% Other revenue 33.5 23.5 42.5% Total operating Revenue 765.1 692.8 10.4% Total expenses (436.7) (387.7) 12.6% EBITDA 328.4 305.1 7.7% Mainly due to the decrease in

  6. Slide 6: Debt by entity

    Debt by entity As at 30 June 2017 Net debt / Gross debt / Weighted average underlying1 LTM EBITDA underlying1 LTM EBITDA cost of debt 1.7x 2.2x 7.9% © Global Telecom Holding 2017 Total Gross Debt Type of debt (USD million) Entity Loans Bonds Total GTH Holding 325 - 325 GTH Finance BV - 1,200 1,200 P

  7. Slide 7: Balanced maturity profile

    Balanced maturity profile¹ As at 30 June 2017 (USD million) GTH Djezzy Mobilink 721 716 627 © Global Telecom Holding 2017 Banglalink 527₂ 305 68 40 2017 2018 2019 2020 2021 2022 2023 1. Principle amounts of loans and bonds only 7 2. Including the utilization of the revolving credit facility by GTH i

  8. Slide 8: Q2 2017 OpCo performance

    © Global Telecom Holding 2017 8 Q2 2017 OpCo performance

  9. Slide 9: Pakistan: Synergies Target Delivered, Spectrum Investment for Future Growth

    Pakistan: Synergies Target Delivered, Spectrum Investment for Future Growth TOTAL REVENUE M OB ILE CUSTOM ERS (P K R B I L L I O N ) (MILLION) ► Merger integration progress: +6.9% YoY +6.4% YoY • Annual run rate target of synergies > USD 115 million achieved well ahead of schedule 37.8 38.7 40.4 2.1

  10. Slide 10: Algeria: Turnaround in Progress

    Algeria: Turnaround in Progress TOTAL REVENUE MOBILE CUSTOMERS ► Revenue trend gradually improving: (DZD BILLION) (MILLION) -8.0% YoY -4.9% YoY • Accelerating data revenue in Q2 (+89% YoY) 27.4 • Strong focus on customer base retention with 0.2 25.5 25.3 launch of new tariff portfolio 0.5 0.4 16.3 2

  11. Slide 11: Bangladesh: Sustained Data Growth, Spectrum Disadvantage

    Bangladesh: Sustained Data Growth, Spectrum Disadvantage TOTAL REVENUE MOBILE CUSTOMERS ► Continued aggressive competition on customer (BDT BILLION) (MILLION) -3.0% YoY -1.5% YoY acquisition • 0.2 million QoQ customer growth 12.3 12.0 12.0 0.4 0.3 0.4 ► Strong growth in data revenue of 32% YoY, 31.1

  12. Slide 12: Q&A

    Q&A © Global Telecom Holding 2017 Vincenzo Nesci – Chief Executive Officer Gerbrand Nijman – Chief Financial Officer 12

  13. Slide 13: Further information

    Further information Investor Relations Ola Tayel Cairo Registered Office Amsterdam Head Office 2005C Nile City Towers - North Tower Gustav Mahlerlaan 314 © Global Telecom Holding 2017 Cornish El Nile Ramlet Beaulac 1082 ME Amsterdam Cairo 11221, Egypt The Netherlands Tel: +202 2461 5120 Tel: +312023

  14. Slide 14: Appendix: Foreign exchange rates applied to the financial statements

    Appendix FOREIGN EXCHANGE RATES APPLIED TO THE FINANCIAL STATEMENTS © Global Telecom Holding 2017 Average rates Closing rates 2Q17 2Q16 YoY 2Q17 2Q16 YoY 18.1023 8.8661 104.2% 18.1209 8.8864 103.9% Egyptian pound Algerian Dinar 109.0374 109.5438 (0.5%) 107.795 110.3139 -2.3% Pakistan Rupee 104.81 10

Global Telecom Holding S.A.E. — Q2 2017 Earnings Presentation on 6ix