Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — FY2011 Earnings Presentation
17 slides from Vodafone Qatar Qsc's earnings presentation, Mar 31, 2011
Slide 1: Vodafone Qatar Q.S.C. Full Year Results Presentation
Q4 FY11 Results Presentation | 31 March 2011 Vodafone Qatar Q.S.C. Full Year Results Presentation Year ended 31 March 2011 Confidentiality level on slide master Version number on slide master
Slide 2: Disclaimer
2 Q4 FY11 Results Presentation | 31 March 2011 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
Slide 3: Our Purpose Based Organisation is:
3 Q4 FY11 Results Presentation | 31 March 2011 Our Purpose Based Organisation is: Confidentiality level on slide master Version number on slide master
Slide 4: Update on delivering to our five Strategies
4 Q4 FY11 Results Presentation | 31 March 2011 Update on delivering to our five Strategies: • Aggressively Compete to Grow in All Segments • 22.9% Mobile Revenue Market Share for March quarter (change in Qtel revenue accounting) • Really Deliver an Awesome Customer Experience • Vodafone leading in b
Slide 5: Key Highlights
5 Q4 FY11 Results Presentation | 31 March 2011 Key Highlights • 756,767 Mobile Customers at 31 March 2011 Customer Numbers • Mobile Customers grew 63% over the year • 45% Mobile Population Share at 31 March Market Share • 26.7% Mobile Customer Market Share at 31 March • 22.9% Mobile Revenue Market S
Slide 6: Mobile Customer Growth
6 Q4 FY11 Results Presentation | 31 March 2011 Mobile Customer Growth Growth in Mobile Customers & Mobile Customer Market Share 1,000,000 27% 28% 900,000 Mobile Customer Market Share 22% 23% 800,000 756,767 Total Mobile Customers 18% 700,000 600,890 18% 600,000 500,000 464,962 13% 400,000 7% 8% 300,
Slide 7: Annual Total Revenue Comparison
7 Q4 FY11 Results Presentation | 31 March 2011 Total Revenue (Fixed Line & Mobile) Annual Total Revenue Comparison 1,000 935 900 800 700 QAR (millions) 600 500 400 362 300 200 100 0 - FY09 FY10 FY11 • 159% growth in Total Revenue over the year Confidentiality level on slide master Version number on
Slide 8: Growth in Half-Yearly Total Revenue
8 Q4 FY11 Results Presentation | 31 March 2011 Total Revenue (Fixed Line & Mobile) Growth in Half-Yearly Total Revenue 700 23.3% 25.0% +27% 600 549 Mobile Revenue Market Share 20.0% 17.7% 500 15.0% QAR (millions) 385 15.0% 400 322 300 10.0% 200 5.0% 100 1.9% 39 - 0.0% H1 FY10 H2 FY10 H1 FY11 H2 FY11
Slide 9: Growth in Quarterly Total Mobile ARPU
9 Q4 FY11 Results Presentation | 31 March 2011 Total Mobile ARPU Growth in Quarterly Total Mobile ARPU Seasonal effect Aggressive 125 pricing Attracting new 120 120 customer segments 115 Quarterly ARPU (QAR) 115 112 110 104 105 101 100 95 90 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 • 14% growth in ARPU ov
Slide 10: Annual EBITDA Comparison
10 Q4 FY11 Results Presentation | 31 March 2011 EBITDA Annual EBITDA Comparison - -27.1 -50 QAR (millions) -100 -124.6 -150 -200 -225.3 -250 FY09 FY10 FY11 • 88% improvement in EBITDA over the year Confidentiality level on slide master Version number on slide master
Slide 11: Progress in Half-Yearly Adjusted EBITDA
11 Q4 FY11 Results Presentation | 31 March 2011 EBITDA Progress in Half-Yearly Adjusted EBITDA* 20 5 - -20 QAR (millions) -40 -32 -60 -80 -67 -100 -120 -140 -160 -180 -158 H1 FY10 H2 FY10 H1 FY11 H2 FY11 Unadjusted -156 -69 -32 5 EBITDA Confidentiality level on slide master Version number on slide m
Slide 12: Full Year Capex spend
12 Q4 FY11 Results Presentation | 31 March 2011 Capitalised Fixed Asset Additions (Fixed Line & Mobile) Full Year Capex spend Year 1 Year 2 Year 3 600 524 500 475 389 392 400 QAR (millions) 300 200 100 Management forecast 0 for FY12 FY 09 FY 10 FY 11 FY 12 • Long-term capital expenditure expected to
Slide 13: Outlook for year ending March 2012
13 Q4 FY11 Results Presentation | 31 March 2011 Outlook for year ending 31 March 2012 • Continue to grow the value of our customer base • Further expansion to the mobile network • Increasing the number of permanent cell sites • Replace temporary cell sites with permanent constructions • Accelerate s
Slide 14: Contact Details
14 Q4 FY11 Results Presentation | 31 March 2011 Contact Details Rachael Mayo-Smith John Tombleson Head of Investor Relations Chief Financial Officer & Acting CEO M +974 7777 5642 M +974 7777 5835 E rachael.mayo-smith@vodafone.com E john.tombleson@vodafone.com Khalid Barzak Wade Kirkland Investor Rel
Slide 15: Appendix
15 Q4 FY11 Results Presentation | 31 March 2011 Appendix Confidentiality level on slide master Version number on slide master
Slide 16: Financial Highlights
16 Q4 FY11 Results Presentation | 31 March 2011 Financial Highlights Financial Performance Half-Yearly Periods H1 FY10 H2 FY10 H1 FY11 H2 FY11 Sep-09 Mar-10 Sep-10 Mar-11 QARm QARm QARm QARm Total Revenue (Fixed & Mobile) 39.2 322.3 385.4 549.5 1 Adjusted EBITDA (Fixed & Mobile) (158.1) (67.2) (31.9
Slide 17: Vodafone Qatar Shareholder Structure
17 Q4 FY11 Results Presentation | 31 March 2011 Vodafone Qatar Shareholder Structure Private institution of public Global Utility founded by Telecommunications HH Sheikh Hamad Bin Khalifa leader Al-Thani 51% 49% Founding Vodafone and Qatari Governmental Free float on Qatar Foundation Institutional Q