Slide 1: Results for Q3 and Q1-Q3 2024
Results for Q3 and Q1-Q3 2024
Slide 2: Cautionary statement
Cautionary statement This presentation contains forward-looking statements. These forward-looking statements are usually accompanied by words such as 'believe', 'intend', 'anticipate', 'plan', 'expect' and similar expressions. Actual events may differ materially from those anticipated in these forwa
Slide 3: Summary Q3 2024
A1 Group Summary Q3 2024 • Total revenues +2.1% up driven by service revenue growth in all markets except Slovenia; equipment revenues declined due to Austria. • Service revenue growth up 3.1% driven mainly by retail mobile service revenues. Solutions and connectivity revenues and fixed-line revenue
Slide 4: Customer-related information
Customer-related information Mobile subscribers (in thousand) RGUs (in thousand) Q3 ‘24 Group ARPU and ARPL (in EUR) 25,131 25,245 25,441 25,949 26,666 6,250 6,271 6,267 6,283 6,293 26.6 27.6 30% 30% 30% 31% 31% 86% 86% 84% 85% 85% 43% 44% 44% 44% 11.5 11.8 44% 27% 26% 26% 25% 25% Q3 2023 Q4 2023 Q1
Slide 5: Group revenues
Group revenues Unless otherwise stated, all amounts in EUR mn Q3 2024 Q3 2023 Q1-Q3 2024 Q1-Q3 2023 Service revenues 1,151 1,116 +3.1% 3,346 3,237 +3.4% Equipment revenues 180 189 -4.4% 524 578 -9.3% Other operating income 22 21 +6.6% 66 68 -2.5% Total revenues 1,354 1,326 +2.1% 3,937 3,882 +1.4% Se
Slide 6: Segment Austria in Q3 2024
Segment Austria in Q3 2024 Key Points AT Service revenues (EUR mn) − Total revenue decrease: Higher service revenues but equipment +0.8% +0.8% w/o IB* revenues declined due to strong ICT equipment sales in Q3 2023 − Service revenue growth due to the solutions and connectivity 622 627 business, benef
Slide 7: International segments in Q3 2024
International segments in Q3 2024 Highlights Revenues and EBITDA (EUR mn) Total revenues grew driven by higher service revenues. Equipment revenues rose for the first time this year. • Bulgaria: Total revenues increased driven by equipment revenues. 4.0% Service revenue and EBITDA growth slowed down
Slide 8: P&L Q3 2024 below EBITDA
P&L Q3 2024 below EBITDA Unless otherwise stated, all amounts in EUR mn Q3 2024 Q3 2023 Δ Q1-Q3 2024 Q1-Q3 2023 Δ • One offs and restructuring almost Revenues 1,354 1,326 +2.1% 3,937 3,882 +1.4% level out. OPEX (806) (805) +0.2% (2,431) (2,440) –0.4% EBITDA 548 521 +5.1% 1,506 1,443 +4.4% • EBIT dec
Slide 9: Free cash flow
Free cash flow Free Cash Flow in Q1-Q3 2024 Unless otherwise stated, all amounts in EUR mn Q3 2024 Q3 2023 Δ Q1-Q3 2024 Q1-Q3 2023 Δ higher due to EBITDA 548 521 5.1% 1,506 1,443 4.4% • higher operational result Restructuring charges, cost of labor obligations 24 13 85.1% 65 53 21.3% • lower CAPEX L
Slide 10: Focus Points
Focus Points 10
Slide 11: A1 Serbia: Convergent proposition starting in 2025
Draft for internal discussion A1 Serbia: Convergent proposition starting in 2025 Starting to offer convergent services on the back of Share purchase agreement for Conexio Metro d.o.o. Fiber lines acquired (Conexio) signed in August* Intensified fiber roll-out Spin-off of Conexio 42,000 homes passed
Slide 12: Untap B2B digital service growth in SME segment
Untap B2B digital service growth in SME segment Strong growth in SME products and services B2B digital services for A1 footprint + DACH region +26% +80% +34% Total Security Cloud • Exploit strong push towards ICT Revenues gross FY 2023 • Extension of sales channels through partnering Replicate exper
Slide 13: Austria – Focus on market investments & efficiency measures
Austria – Focus on market investments & efficiency measures Thereby addressing AT competitive challenges & cost pressure Numbers Challenge Our focus Mobile core Highly competitive mobile market net adds +13k ✓ Focus on customer with new price points positive journey Internet@home Increasing competit
Slide 14: Outlook
Outlook Guidance 2024
Slide 15: Guidance 2024
Guidance 2024 Revenues CAPEX ex. spectrum 3-4% increase p.a. Around € 800 million Outlook based on current inflation and exchange rate expectations 15
Slide 16: A1 ambitions 2024-2026
A1 ambitions 2024-2026 Revenues EBITDA CAPEX 3-4% increase p.a. 4-5% increase p.a. € 2.8 bn plus frequencies € 0.32 in FY 2022 Dividend baseline € 0.36 in FY 2023 € 0.32 per share +13% yoy Based on the Group's operational and financial development, the dividend Outlook based on current inflation and
Slide 17: Appendix
17 Appendix Draft for internal discussion
Slide 18: Conservative financial policy and investment-grade ratings
Conservative financial policy and investment-grade ratings As of September 30, 2024 Overview (September 30, 2024) Lines of credit (September 30, 2024) Credit ratings • Total financial debt: EUR 780 mn • Total committed lines: EUR 1,315 mn A3/A- • Average cost of debt: 1.59% o Average term to maturit
Slide 19: Thank you