Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q3 2018 Earnings Presentation
14 slides from Dialog Axiata's earnings presentation, 2018
Slide 1: Dialog Axiata PLC – Sri Lanka's Premier Connectivity Provider Q3 2018
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q3 2018 an axiata company
Slide 2: Dialog Group Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance divi/doc title/ author initials -dd-mm-yy company confidential 2 2
Slide 3: Dialog Group Performance Highlights – Q3 2018
Dialog Group Performance Highlights – Q3 2018 Strong QoQ Performance driven by Revenue Focused Capex All Business Segments Aggressive Subscriber Growth and operational efficiencies, albeit non Investments to Support Delivered a Strong YTD Growth cash translational forex losses impacted PAT Rapid Gro
Slide 4: Group Financial Summary
Group Financial Summary Rs Mn YTD 2018 YTD 3Q 18 QoQ YoY Revenue 80,640 16% 27,951 5% 15% EBITDA 31,164 26% 10,842 5% 15% PAT 7,409 -3% 1,721 -40% -54% EBITDA Margin 38.6% 3.0pp 38.8% -0.2pp 0.0pp PAT Margin 9.2% -1.8pp 6.2% -4.5pp -9.2pp ROIC 15.9% 0.9pp 15.9% 0.4pp 0.9pp Normalised Performance Rev
Slide 5: Group Revenue Recording a Growth of 16% YTD and 5% QoQ
Group Revenue Recording a Growth of 16% YTD and 5% QoQ Amidst Resilient Growth in Core Revenue Streams Driven by Data Key Business Segments Driving Revenue Growth Momentum +16% +15% +5% 90,000 80,640 80,000 69,395 70,000 60,000 50,000 24,218 26,607 27,951 40,000 30,000 20,000 10,000 0 YTD 17 YTD 18
Slide 6: Strong Group EBITDA with Flow Through from Revenue Growth and Cost Optimisation
Strong Group EBITDA with Flow Through from Revenue Growth and Cost Optimisation; PAT Impacted by Non-Cash Translational Forex Losses Strong EBITDA Growth YTD and QoQ with YTD 18 Normalised PAT1 up 23% YTD and 9% QoQ EBITDA Margin at 38.6% (Rs Mn) (Rs Mn) -3% | Norm1 +23% -54% | Norm1 -4% +26% +15% -
Slide 7: Focused Capex Investments to Support Rapid Growth in Data
Focused Capex Investments to Support Rapid Growth in Data – Rs18.3Bn Invested in YTD 2018, up 7%; Capex Intensity at 23% Capex Investments Directed Towards Expanding Data Network; Mobile 4G and Fixed LTE PoP Coverage Reached 54% and 59% (Rs Mn) +7% +7% -19% 20,0 00 17,136 18,266 18,0 00 16,0 00 14,0
Slide 8: Group's Net Debt to EBITDA Remained Healthy at 0.90x
Group’s Net Debt to EBITDA Remained Healthy at 0.90x (Rs Mn) 30 Sep 18 30 June 18 30 Sep 17 Gross Debt 43,802 42,291 33,417 Net Debt 37,514 36,669 29,468 Cash and Cash Equivalents 6,288 5,623 3,949 Gross Debt / Equity (x) 0.65 0.65 0.57 Gross Debt/ EBITDA (x) 1.05 1.04 1.01 Net Debt/ EBITDA (x) 0.90
Slide 9: Dialog Axiata PLC - Company Performance
Dialog Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance 99
Slide 10: Dialog Axiata PLC (Company)
Dialog Axiata PLC (Company) Dialog Continues to Capture Market Share; Strong Growth in Data and Voice Revenue Recovery Supporting ARPU Growth (Rs Mn) Strong Data Growth Driving Increase in Revenue Mobile ARPU Improved both YTD and QoQ; Data ARPU Continued its Growth in Q3 18 +10% +6% (Rs) -0.5% 450
Slide 11: Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 11 11
Slide 12: Dialog Television
Dialog Television Strong Revenue Growth Albeit Forex Losses Impacting Profitability Growth in Subscription Revenue Driving Overall Subscriber Growth led by Prepaid and Postpaid Revenue Performance with Improved Churn Management Drives (Rs Mn) Total subs growth +3% QoQ; +15% YoY Postpaid subs growth
Slide 13: Dialog Broadband Networks – Fixed Business
Dialog Broadband Networks – Fixed Business Revenue Growth Driven by Home Broadband (HBB) on the back of Network Coverage Expansion and Aggressive Market Capture Strong Growth in Revenue YTD and QoQ Driven by Home BB, up 34% YTD +28% +43% +29% (Rs Mn) 12,000 11,696 11,000 10,000 9,107 9,000 8,000 7,0
Slide 14: Thank You
Dialog Thank You 16