Saudi Telecom Co. · TADAWUL:7010
Saudi Telecom — Q1 2024 Earnings Presentation
19 slides from Saudi Telecom's earnings presentation, 2024
Slide 1: Financial Results Presentation Q1 2024
Financial Results Presentation Q1 2024 Investor Relations 2024
Slide 2: Key Messages
Key Messages Revenues 19.10 bn > Strong revenue growth led to the achievement of the Group's highest quarterly revenues in its history, marking a notable increase of 5.07% compared to the same period last year. Performance > Healthy bottom-line performance, with a notable 5.69% growth in net profit,
Slide 3: Strategy Overview
Strategy Overview Investor Relations 2024 3
Slide 4: stc DARE Strategy
stc DARE Strategy ddigitize stc a accelerate r reinvent e expand scale performance experience and scope Instill digital mindset and unlock Maximize shareholder returns by Excite customers with a Grow by expanding into the potential of digital and transforming costs and monetizing seamless, p
Slide 5: Company Overview
Company Overview Investor Relations 2024 5
Slide 6: Q1 at-a-Glance
Q1 at-a-Glance Special Dividends stc announced the Board of Directors recommendation to distribute a special cash dividends for the year 2023. stc’s Brand Value stc & China Mobile International stc, flynas & SkyFive Arabia stc Group has been recognized as the most stc has made a strategic alliance w
Slide 7: Operational Highlights
Operational Highlights Investor Relations 2024 7
Slide 8: Operational Highlights
Operational Highlights Expansion of stc’s subscriber base underscores its strong market position and competitiveness in the telecom sector. Fixed Subscribers Mobile Subscribers Mobile Subscribers Mobile Subscribers (Millions) (Millions) (Millions) (Thousands) 10.41% 900 2.17% 26.92 2.4 27.00 2.3 798
Slide 9: Operational Highlights
Operational Highlights Maintaining the lead in every aspect of stc Business #1 #1 #1 1# in ICT segment in in consumer segment in in enterprise segment in rank as the most valuable Saudi Arabia Saudi Arabia Saudi Arabia telcom brand in the Middle East 5G Towers 5G Coverage Towers Under Fiber Optic +8
Slide 10: Financial Performance
Financial Performance Q1 2024 Investor Relations 2024 10
Slide 11: stc Group – Revenue and Gross Profit
stc Group – Revenue and Gross Profit 5.07% 7.76% - stc Group, has achieved the highest Revenue 19.10 quarterly revenue in its history in Q1 2024. 18.33 18.18 18.11 - The revenue increased by SAR 921 mn compared to the same quarter last 17.72 year, primarily driven by a 1.2% rise in stc KSA’s revenue
Slide 12: stc Group – Breakdown by subsidiaries
stc Group – Breakdown by subsidiares 12,333 12,189 Revenue Breakdown For Q1 2024 vs Q1 2023 - The revenues from stc Group stc Group Revenue subsidiaries increased by 13% in the SAR 19,100 in Q1 2024 Vs. 1st quarter of 2024 as compared to 4,152 the comparable quarter last year. 3,766 SAR 18,179 in Q1
Slide 13: stc Group – EBITDA
stc Group – EBITDA 2.07% - EBITDA in Q1 2024 shows an increase EBITDA on both YoY and QoQ basis by 2.07% 16.29% & 16.29% respectively. 6.95 - The EBITDA margin in Q1 stands at 6.34 6.47 33.9% indicating a robust operational 5.82 5.57 performance and efficiency. 38.39% 34.89% 33.90% 31.76% 31.41% - T
Slide 14: stc Group – Net Profit
stc Group – Net Profit 5.69% Net Profit 44.49% - The net profit for Q1 2024 demonstrated an upturn both on a YoY and QoQ basis, rising by 5.69% *4.90 and 44.49% respectively. - A slight improvement in Q1 net profit 27.09% 3.29 3.11 3.01 margin and an increase in net profit by SAR 177 mn in the 1st q
Slide 15: Dividends and EPS
Dividends and EPS Price Vs. Yield Fluctuation Dividends policy 44 4.1% stc commits to pay a fixed minimum dividend of a SAR 0.4 per share per quarter effective 4.1% from Q4 2021 for three years. Furthermore, the company will consider and pay additional dividend, 43 subject to stc BoD’s recommendat
Slide 16: Appendix
Appendix Investor Relations 2024 16
Slide 17: Business Highlights
Business Highlights The Public Investment Fund (PIF) and stc Group stc Group, the leading digital enabler in the Middle stc Group, announced a strategic partnership between its has announced the signing of definitive East and North Africa (MENA) region, has forged a subsidiary, sirar by stc, a
Slide 18: Disclaimer
Disclaimer This presentation has been prepared as an informative guide that might assist interested parties in gaining an insight into the history and background of telecommunications within Saudi Arabia, as they relate to the Saudi Telecom Company (stc). Furthermore, it does not constitute an invit
Slide 19: Thank you
Stc Thank you
Saudi Telecom Company (stc) — Q1 2024 Earnings Presentation on 6ix