Emirates Integrated Telecommunications Company Pjsc · DFM:DU
Emirates Integrated Telecommunications Company Pjsc — Q3 2019 Earnings Presentation
11 slides from Emirates Integrated Telecommunications Company Pjsc's earnings presentation, 2019
Slide 1: Q3 2019 Results
Q3 2019 Results Emirates Integrated Telecommunications Company PJSC 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by Emirates Integrated Telecommunications Company PJSC (the “Company”) solely for presentation purposes. The information contained in this document has not been independently verified and no representation or warranty, expressed or implied, is made as to, a
Slide 3: Q3 2019: Major Events
Q3 2019 : Major Events • Payment of AED 589 million of interim dividends (13 fils per share) to the shareholders for the first half of 2019. • Announcement of the appointment of a new CEO. • Several commercial initiatives: • Adding YzerChat app to du’s internet calling pack, enabling customers to ob
Slide 4: Key Highlights: Subscriber Base
Key Highlights: Subscriber Base In ‘000 -914 Mobile Subscriber -914 (-10.6%) (-10.6%) Base -330 (-4.1%) 8,650 8,870 8,600 8,066 8,650 7,736 7,736 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 YTD 2018 YTD 2019 Fixed Subscriber +11 +11 (+1.5%) (+1.5%) Base -2 (-0.2%) 760 769 772 773 771 760 771 Q3 2018 Q4
Slide 5: Key Highlights: Mobile ARPU
Key Highlights: Mobile ARPU In AED +4 +2 (+4.3%) (+2.5%) +3 (+3.7%) 81 80 82 85 79 81 77 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 YTD 2018 YTD 2019 • Improvement in ARPU is driven by improvement in the customer mix between Postpaid and Prepaid reflecting the company’s focus on postpaid. 5
Slide 6: Revenues Performance
Key Financial Highlights: Revenues Performance AED Millions -617 -264 (-6.2%) (-7.9%) -122 (-3.8%) 3,331 3,401 3,189 10,013 9,396 3,140 3,067 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 YTD 2018 YTD 2019 • Total Revenues decline was mainly due to the decrease in Handset and Mobile segment revenues resul
Slide 7: Segment Revenues
Key Financial Highlights: Segment Revenues AED Millions -174 -442 Mobile (-9.8%) (-8.2%) Revenues -89 (-5.2%) 1,779 1,706 1,657 1,694 5,398 1,605 4,956 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 YTD 2018 YTD 2019 +44 +128 (+7.5%) Fixed (+7.7%) Revenues +6 (+1.0%) 579 627 611 617 623 1,723 1,851 Q3 2018
Slide 8: EBITDA Performance
Key Financial Highlights: EBITDA Performance AED Millions -2.7% 4,231 4,224 169 1,419 1,473 1,369 1,332 +4.0% 45.0% 1,260 42.3% -9.6% 45.2% 46.2% 4,062 41.1% 43.4% 37.1% Q3 2018* Q4 2018* Q1 2019 Q2 2019 Q3 2019 YTD 2018* YTD 2019 EBITDA Margin One Off impact -1.7% -8.3% 84 169 235 1,369 1,453 1,332
Slide 9: NIAR Performance
Key Financial Highlights: NIAR Performance AED Millions -13.5% 1,406 -17.8% 119 1,294 449 464 441 381 +0.5% 347 14.3% 14.5% 13.2% 1,288 12.4% 10.2% 14.0% 13.8% Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 YTD 2018 YTD 2019 Net profit Margin One Off Benefit -11.0% +3.7% 13 119 39 441 428 1,406 1,294 381 1
Slide 10: Capex and Free Cash Flow
Key Financial Highlights: Capex and Free Cash Flow AED Millions Capex 589 799 332 286 438 185 17.3% 181 8.5% 10.8% 9.0% 4.4% 5.6% 5.8% Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 YTD 2018 YTD 2019 Capex(% of Revenue) FCF* -19.8% -9.8% 1,260 977 989 1,137 957 768 -1,357 Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3
Slide 11: Thank You
Thank You 11
Emirates Integrated Telecommunications Company PJSC (du) — Q3 2019 Earnings Presentation on 6ix