Tele2 Ab Class A · OMXSTO:TEL2_A

Tele2 Ab Class A — Q3 2022 Earnings Presentation

17 slides from Tele2 Ab Class A's earnings presentation, Oct 20, 2022

  1. Slide 1: Third Quarter October 20, 2022

    • Third Quarter October 20, 2022 Information Classification: Internal

  2. Slide 2: Q3 highlights

    • Continued strong top-line growth Sweden B2C • Solid mobile postpaid net intake • Continued growth in fixed broadband primarily driven by volume growth • In Entertainment, all eligible customers have been migrated to include Viaplay • Launch of 5G services with speed-based pricing Sweden B2B • Soli

  3. Slide 3: Sweden

    • sweden Information Classification: Internal

  4. Slide 4: Sweden consumer Mobile EUSR

    • Mobile prepaid Fixed broadband EUSR SEK million, YoY growth % Digital TV EUSR SEK million, YoY growth % Mobile postpaid Fixed Broadband Digital TV Cable & Fiber DTT TV Sweden consumer Mobile EUSR SEK million, YoY growth % Q3 highlights • EUSR for mobile postpaid grew 2% driven by ASPU and volume g

  5. Slide 5: Sweden consumer RGUs and ASPU

    • Mobile postpaid RGUs Fixed broadband RGU & ASPU Thousand QoQ and YoY growth % Digital TV Cable & Fiber RGU & ASPU Thousand QoQ and YoY growth % ASPU growth YoY Fixed broadband RGUs Digital TV Cable & Fiber RGUs Sweden consumer Mobile postpaid RGU & ASPU Thousand QoQ and YoY growth % Q3 highlights

  6. Slide 6: Sweden business: Mobile and Fixed Solutions

    • Mobile ASPU YoY growth % End-user service revenue SEK million, YoY growth % Mobile Sweden business Mobile RGU & net intake Thousand QoQ and YoY growth % Fixed Solutions Q3 highlights • Continued strong net intake within mobile of 17,000 RGUs driven by positive net intake in both the SME and large

  7. Slide 7: Business Sweden financials

    • Consumer Underlying EBITDAaL & margin SEK million, YoY growth % Operating cash flow and cash conversion, rolling 12m, SEK million Business Sweden financials End-user service revenue SEK million, YoY growth % Q3 highlights • EUSR grew +2% year-on-year as growth in Sweden B2B, fixed broadband and mo

  8. Slide 8: Baltics

    • Baltics Information Classification: Internal

  9. Slide 9: Baltics operational highlights

    • Mobile RGUs Latvia – Mobile RGU & ASPU Thousand QoQ and YoY growth % ASPU growth YoY Baltics operational highlights Estonia – Mobile RGU & ASPU Thousand QoQ and YoY growth % Q3 highlights • Continued strong ASPU growth driven by more-for-more strategy, price adjustments and a slight tailwind from

  10. Slide 10: Baltics financials

    • Estonia Underlying EBITDAaL & margin SEK million, YoY growth % Operating cash flow and cash conversion, rolling 12m, SEK million Latvia Baltics financials End-user service revenue SEK million, YoY growth % Lithuania Q3 highlights • Continued strong end-user service revenue growth of 13% driven by

  11. Slide 11: Financial overview

    • Financial overview Information Classification: Internal

  12. Slide 12: Group results

    Group results • Group results 1 4 Comments • Underlying EBITDA grew by 2% organically in the quarter driven by end-user service revenue growth and cost savings related to the Business Transformation Program, partly offset by headwinds related to higher energy costs and inflation • Associated compani

  13. Slide 13: Group cash flow

    Group cash flow • Group cash flow Comments • Capex paid increased compared to last year due to timing in payments • Changes in working capital was negatively impacted by higher inventory levels related to the ongoing network modernization • Taxes paid increased compared to Q3 2021 driven by improved

  14. Slide 14: Leverage at 2.4x

    Leverage at 2.4x • Leverage at 2.4x Comments • Economic net debt decreased by SEK 0.5 billion compared to the end of 2021, as cash generation more than offset the first tranche of the ordinary dividend and the extraordinary dividend that was distributed in May • Leverage of 2.4x on September 30 is j

  15. Slide 15: Business Transformation Program update

    Business Transformation Program update • Business Transformation Program update Annualized run-rate Q3 2022 Realized in Q3 2022 Annualized run-rate target H1 2023 Opex Reduction SEK million Comments • Continued network optimizations as well as savings in external spend generated cost reductions in Q

  16. Slide 16: Key priorities going forward

    Key priorities going forward • Key priorities going forward Growth Keep the profitable growth momentum in the business during times of turmoil • Roll-out of 5G Continued investments in network infrastructure • Efficiency Deliver on the Business Transformation Program • Sustainability commitment Cont

  17. Slide 17: Information Classification: Internal

    Information Classification: Internal

Tele2 — Q3 2022 Earnings Presentation on 6ix