Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — Q1 FY2020 Earnings Presentation
18 slides from Vodafone Qatar Qsc's earnings presentation, Apr 23, 2020
Slide 1: Vodafone Qatar P.Q.S.C. Financial results: Three months ended 31 March 2020
Vodafone Qatar P.Q.S.C. Financial results: Three months ended 31 March 2020 23 April 2020
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: Quarterly highlights
Quarterly highlights Hamad Al Thani Chief Executive Officer
Slide 4: Executive Summary | Highlights This Quarter
Executive Summary | Highlights This Quarter Capturing Profitable Healthier Coverage & Market Share in Growth Revenue Mix on Quality Competitive Continues Track Enhancements Environment* Nine Quarters Enterprise > 1,000 Sites (4.2%) Consecutive YoY quarterly Performance Surpassed 1k outdoor Total tel
Slide 5: Executive Summary | COVID-19 Operational Business Continuity
Executive Summary | COVID-19 Operational Business Continuity Critical Elements of Operational Business Continuity Commentary 1 Contact Center operations impacted by offshore lockdowns have been mitigated through the mobilization of additional Supply resources onshore Chain 2 Retail Operations / Di
Slide 6: Financial review
Financial review Brett Goschen Chief Financial Officer
Slide 7: FY 2020 Q1 | Key points to note and highlights
FY 2020 Q1 | Key points to note and highlights Items impacting YoY Strong Financial Steady growth comparisons Performance in net profit • One-off project revenue • FY20 Q1 service revenue grows • Underlying net profit (excl. one- recognized in FY19 Q1 and 7.2% YoY driven by continued off) grows 39%
Slide 8: Quarterly Financial Performance (Year on Year) (QR m)
Quarterly Financial Performance (Year on Year) (QR m) FY20 Q1 v FY19 Q1 Total revenue Expenses EBITDA Net profit +1.0% +10.7% +10.3% -3.9% 48 535 541 354 200 341 44 61 33 181 +17% +7.2% 9 9 +39% 152 155 508 200 474 172 34 202 186 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Q1 Equipm
Slide 9: Service Revenue (QR m)
Service Revenue (QR m) FY20 Q1 v FY19 Q1 Total Service Revenue Postpaid Revenue Prepaid Revenue 7.2% -17.3% 14.7% 180 505 508 274 171 270 150 155 494 149 259 253 474 476 236 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 •1 Ser
Slide 10: Total Revenue & ARPU
Total Revenue & ARPU FY20 Q1 v FY19 Q1 Total Revenue (QR m) Mobility ARPU (QR) FLAT +1% 86 571 85 84 84 541 535 527 82 491 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 Total 22.6% 22.4% 21.8% 23.3% n/a RMS •1 Total revenue grew 1% due to growth in service revenue o
Slide 11: EBITDA & Underlying EBITDA margin
EBITDA & Underlying EBITDA margin FY20 Q1 v FY19 Q1 EBITDA margin % Underlying EBITDA Margin growth QoQ +4.3 ppts 0.9 39.2% 39.2% 2.6 35.8% 35.8% 36.1% 34.9% 37.0% 1.2 34.8% 34.9% (0.4) 33.8% 33.6% 31.5% FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 FY19 Q4 Net Service License fee Lower A&R, bad Lower OPE
Slide 12: CAPEX (QR m)
CAPEX (QR m) FY20 Q1 v FY19 Q1 Total CAPEX Quarterly CAPEX Mix Capabilities & IT Capacity run and Transformation +16.5m maintenance 241 213 4 141 Coverage & 21 capacity expansion 59 42 and others 34 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 CAPEX 7.9% 26.8% 43.4% 42.2% 10.8% Intensity CAPEX investment
Slide 13: Consolidated statement of income
Consolidated statement of income Period ended 31 March 2020 Three months ended Commentary YoY: QR m 31 Mar 20 31 Mar 19 YoY • Revenue increased driven by QR 34m growth in service Revenue 541 535 6 revenue (growth in postpaid and GigaHome) offset by lower Interconnection and other direct expenses (18
Slide 14: Consolidated statement of financial position
Consolidated statement of financial position As at 31 March 2020 QR m Mar-20 Dec-19 Var Assets Property, plant and equipment 1,464 1,484 (20) Intangible assets 4,444 4,471 (27) • Property, plant and equipment decreased by QR 20m driven by Right-of-use assets 344 358 (14) depreciation QR 61m offset b
Slide 15: Questions ?
Questions ?
Slide 16: Appendix
Appendix
Slide 17: Mobile Customers ('000s)
Mobile Customers (‘000s) FY20 Q1 v FY19 Q1 -0.5% 1,763 1,743 1,737 1,734 1,721 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 17
Slide 18: Thank You The Future Is Exciting
Thank You The Future Is Exciting For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.com
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