Emirates Integrated Telecommunications Company Pjsc · DFM:DU
Emirates Integrated Telecommunications Company Pjsc — Q1 2025 Earnings Presentation
20 slides from Emirates Integrated Telecommunications Company Pjsc's earnings presentation, May 6, 2025
Slide 1: Q1 2025 results
Q1 2025 results May 6th, 2025 Fahad Al Hassawi I Chief Executive Officer Kais Ben Hamida I Chief Financial Officer
Slide 2: Disclaimer
Disclaimer This document has been prepared by Emirates Integrated Telecommunications Company PJSC (the “Company”) solely for presentation purposes. The information contained in this document has not been independently verified and no representation or warranty, expressed or implied, is made as to, a
Slide 3: Company highlights
Company highlights Q1 2025 Fahad Al Hassawi, CEO
Slide 4: Q1 2025 key takeaways
Q1 2025 key takeaways Strong operational and financial performance and progress in our revenue diversification Strong revenue growth Landmark partnership in ICT in our major business lines Driving revenue diversification Robust profitability Guidance reiterated Strong margins and net profit Continui
Slide 5: Q1 2025 highlights
Q1 2025 highlights Strong growth of revenues and profitability Mobile subscriber base > 9 million Hyperscale data centre Disciplined growth EBITDA margin du Pay celebrates 1st year of activity Operational efficiency Revenue growth Strong value proposition and gain of market share EBITDA growth 47.4%
Slide 6: Strong momentum in our adjacent activities
Strong momentum in our adjacent activities Focus on Fintech and Data centres Du Pay celebrates 1 year of activity Data centres ecosystem of hyper-connected digital hubs Advanced digital payment service - Serves the UAE’s evolving Supports partnerships with hyperscalers and regional cloud digital pay
Slide 7: Q1 2025 environment and business highlights
Q1 2025 environment and business highlights Strong foundations and strategic progress amid sustained commercial momentum Key messages Resilient UAE Revenue Commercial Increased brand economy diversification momentum value • Strong GDP growth • Strategic partnership • Innovative offerings in • du Bra
Slide 8: Financial highlights
Financial highlights Q1 2025 Kais Ben Hamida, CFO
Slide 9: Q1 2025 financial highlights
Q1 2025 financial highlights Strong and profitable growth Revenues growth driven by service and non- Revenues (AED million) Revenues breakdown (AED million) service revenues +7.4% +7.4% Other 1,067 1,018 +4.8% Service revenues growth primarily driven by growth in subscriber base, higher ARPU and mix
Slide 10: Q1 2025 financial highlights
Q1 2025 financial highlights Strong cash generation and healthy balance sheet Capex intensity broadly stable y-o-y Capex (AED million) and capital Operating Free Cash Flow intensity (%) (AED million) +17.9% Operating cash flow reflects EBITDA 359 377 1,447 1,228 Solid Net cash position supported by
Slide 11: Segment highlights
Segment highlights Q1 2025 Kais Ben Hamida, CFO
Slide 12: Mobile segment
Mobile segment Growing subscriber base and favorable mix Total subscriber base up 5.5% to 9.1 million Mobile subscriber base (thousand) subscribers 5.5% 8,662 8,916 9,137 8,245 8,316 Postpaid customer base up 9.6% to 1.8 million subscribers driven by market share gain and 7,116 7,292 6,979 6,530 6,5
Slide 13: Fixed segment
Fixed segment Sustained commercial momentum and increased market share Subscriber base up 13.8% with growth in both Fixed subscriber base (thousand) Home Wireless and Fibre 13.8% Revenues up 10.2% mainly driven by Home Wireless, Consumer Fibre and Enterprise 630 655 682 701 616 Higher entry point of
Slide 14: Other revenues
Other revenues Growth driven by Wholesale and ICT Other revenues (million) Growth y-o-y driven by most revenue lines 4.8% Wholesale growth driven by base and higher roaming 1,125 1,067 1,018 998 Continuous momentum in ICT mainly driven by 944 data centres Softer handset sales mainly reflecting phasi
Slide 15: Priorities and Guidance
Priorities and Guidance Q1 2025 Fahad Al Hassawi, CEO
Slide 16: 2025 priorities and guidance
2025 priorities and guidance We raffirm our priorities and guidance 2025 priorities 2025 guidance Profitable growth in core and non-core Revenue Efficient resource management Digitalization-first approach to elevate customer experience growth 2025 year-on-year growth 5-7% IT transformation for best-
Slide 17: Q&A
Q&A 17
Slide 18: Appendix
Appendix 18
Slide 19: Operational KPIs
Appendix Operational KPIs 2024 2024 2024 2024 2024 2025 Q1 Q2 Q3 Q4 Full Year Q1 Mobile customers (thousand) 8,662 8,245 8,316 8,916 8,916 9,137 of which prepaid 6,979 6,530 6,546 7,116 7,116 7,292 of which postpaid 1,683 1,715 1,770 1,800 1,800 1,845 Mobile customers net-adds (thousand) 108 -417 71
Slide 20: Thank you
Thank you Contact: Upcoming investor events: investor.relations@du.ae Morgan Stanley 5th MENA conference, May 14th – London +971 55 953 0307 Arqaam Capital 12th Annual MENA investor conference, May 19-20th – Abu Dhabi HSBC GCC Exchanges conference, June 18th and 19th – London
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