Emirates Integrated Telecommunications Company Pjsc · DFM:DU
Emirates Integrated Telecommunications Company Pjsc — Q1 2017 Earnings Presentation
9 slides from Emirates Integrated Telecommunications Company Pjsc's earnings presentation, Apr 25, 2017
Slide 1: Q1 2017 Results
Q1 2017 Results Emirates Integrated Telecommunications Company PJSC 25 April 2017
Slide 2: Quarterly Financial Highlights
Quarterly Financial Highlights Total Revenue EBITDA Net Profit before Free Cash Flow Mobile subscribers (AED M) (AED M) Royalty (AED M) before Royalty (000s) (AED M) +2.5% -11.7% -16.7% -10.1% +3.2% 1,390 1,021 3,09 3,16 8,350 1,228 851 902 8,089 0 6 811 Q1 2016 Q1 2017 Q1 2016 Q1 2017 Q1 2016 Q1 20
Slide 3: Market overview
Market overview Market share consolidation – sustain competitiveness in the market UAE Mobile Subscribers - Market share quarterly evolution UAE Telecom Market – Revenue share quarterly evolution 60.0% 80.0% 70.0% 70.2% 55.0% 53.7% 60.0% 50.0% 50.0% 40.0% 45.0% 46.3% * 30.0% 29.8% 40.0% 20.0% Etisal
Slide 4: Revenue
Revenue Total Revenue (AED M) Mobile Revenue (AED M) +2.5% -0.7% 3,166 2,212 2,196 3,090 Q1 2016 Q1 2017 Q1 2016 Q1 2017 Fixed Revenue (AED M) Mobile Data Revenue (AED M) +7.9% -9.7% 680 630 779 704 34.0% 33.0% Q1 2016 Q1 2017 Q1 2016 Q1 2017 Mobile Data (AED M) Mobile Data as % of Mobile Service Re
Slide 5: Revenue Drivers
Revenue Drivers Mobile Subscribers Active 90 Days (‘000) Fixed Lines (‘000) +3.2% +3.1% 8,350 707 8,089 686 Q1 2016 Q1 2017 Q1 2016 Q1 2017 Mobile ARPU (AED) -12.4% 88 77 Q1 2016 Q1 2017 5
Slide 6: Net Profit after Royalty
Net Profit after Royalty Net Profit before Royalty (AED M) Royalty Rates Compared -16.7% 1,021 851 33.1% 26.9% Q1 2016 Q1 2017 Net Profit before Royalty (AED M) Net Profit before Royalty % Royalty (AED M) Net Profit after Royalty (AED M) -10.1% -24.0% 480 541 365 486 15.5% 57.1% 11.5% 53.0% Q1 2016
Slide 7: Capital Investments
Capital Investments Capex Additions (AED M) -1.5% 159 156 5.1% 4.9% Q1 2016 Q1 2017 CapEx Additions (AED M) CapEx Additions as % of Revenue 7
Slide 8: Free cash flow
Free cash flow Robust despite declines Free Cash Flow before Royalty (AED M) Free Cash Flow after Royalty (AED M) -10.1% -8.8% 902 811 890 811 Q1 2016 Q1 2017 Q1 2016 Q1 2017 Free cash flow is defined as cash from operations less spending on tangible and intangible assets and investments in subsidia
Slide 9: Disclaimer
Disclaimer • Emirates Integrated Telecommunications Company PJSC (hereafter ”du”) is a telecommunication services provider in the UAE. • du cautions investors that certain statements contained within this document state management’s intentions, hopes, beliefs, expectations or predictions of the futu
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