Kuwait Telecommunications Co. · KSE:STC
Kuwait Telecommunications — Q1 2015 Earnings Presentation
17 slides from Kuwait Telecommunications's earnings presentation, 2015
Slide 1: Investor Presentation Q1-2015
Investor Presentation Q1- 2015
Slide 2: Table of content
Table of content VIVA’s History in Brief 4 VIVA Key Milestones 5 Vision and Values 6 Shareholders' Structure 7 Population & Penetration 8 Penetration in MENA Region 9 VIVA Competitive Strengths 10 VIVA’s Market Share 11 Financial Results 12 VIVA's Stock Performance 14 Appendix – Balance Sheet & Inco
Slide 3: VIVA's History in Brief
VIVA’s History in Brief Emiri decree number 187/2007 was released regarding the license of the 2007 incorporation of Kuwait Telecommunications Company. Jun The incorporation contract and principal law of the company was adopted by the Ministry of Commerce and the Ministry of Industry and Fatwa and 2
Slide 4: VIVA Key Milestones
VIVA Key Milestones 2008 2009 2010 2011 Kuwait Telecommunication First to introduce Apple Company (K.S.C) launches iPhone officially in Kuwait. VIVA introduces high speed commercially under the Expand retail network and Mobile Broadband in VIVA launches strategic brand name VIVA the launch joint pro
Slide 5: Vision and Values
Vision and Values Our vision is to provide unique services and products that satisfy the aspirations of our clients and accommodate their needs, which in turn will earn us their trust. This is through presenting our customers with numerous telecommunications opportunities with the goal of boosting o
Slide 6: Shareholders' Structure
Shareholders' Structure Saudi Telecom 26% Kuwaiti Government 24% Public Shareholders 50% STC, the leading regional telecom operator, The Kuwaiti government holds 24% of Public Share holders consists of won the bid for third mobile license in VIVA through different governmental companies, portf
Slide 7: Population & Penetration
Population & Penetration Kuwait population since 2010 is growing at the same level of 2.8% yearly and the growth is forecasted at 2.8% over the next 5 years compared to almost 1% for the global population growth. This growth coupled with rising income levels will propel growth in consumer spending.
Slide 8: Penetration in MENA Region
Penetration in MENA Region As known, Kuwait is one of the highest GDP per Capita in the world, in addition to Kuwait’s telecom market is one of the most advanced markets and one of the first to adopt any new technology. However, with the minimal population and concentrated nature of market, the coun
Slide 9: VIVA Competitive Strengths
VIVA Competitive Strengths VIVA follows a customer-centric strategy, which entails focusing on the communication needs of customers and providing Customer-Centric differentiated service. This strategy positions VIVA as the only telecom provider in Kuwait that targets enhancing customer Strategy ex
Slide 10: VIVA's Market Share
VIVA’s Market Share Total Subscriber Base in Kuwait (Mn) Subscriber Market Share – March 2015 9 7.9 8 7.6 7 6.7 5.9 6 5.2 31% 32% 5 4.5 3.9 4 3.3 2.5 2.8 3 2 1 37% 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 Jun-2015 VIVA Subscribers (Mn) Revenue Market Share – Q1 2015 3 2.5 2.4 2.5 2.2 2 1.6 35%
Slide 11: Latest Financial Results
Latest Financial Results Q1-2015 Strong and growing client base Key Figures & Ratios Q1-2014 Growth 2.51 witnessing an increase of 11% to Subscribers (Mn) 2.27 +11% 66.5 reach 2.51 Mn subscribers as of Revenue (KD Mn) 55.4 +20% 12.2 31 March 2015, compared to 2.27 Operating Profit (KD Mn) 9.1 +34%
Slide 12: Historical Financial Highlights
Historical Financial Highlights Revenue (KD Million) Net Profit (KD Million) 300 50 239 40 250 40 200 182 182 30 24 150 20 100 66 55 9 10 50 10 4 0 0 2012 2013 2014 Q1 2014 Q1 2015 2012 2013 2014 Q1 2014 Q1 2015 Operating Profit (KD Million) CAPEX (KD Million) Operating Profit (KWD) Operating Profit
Slide 13: VIVA's Stock Performance
VIVA's Stock Performance Rebased Index Since VIVA’s listing – Stock Performance vs. KSE and Telecom weighted Indices VIVA KSE Weighted Index Telecom Weighted Index 150 Rebased Index 130 VIVA +32.4% 110 KSE Weighted Index ‐2.7% 90 Telecom Weighted Index ‐3.7% 70 14‐Dec 27‐Dec 9‐Jan 22‐Jan 4‐Feb 17‐Fe
Slide 14: Appendix
Appendix Balance Sheet (2010 – Q1 2015) Income Statement (2010 – Q1 2015) 15
Slide 15: Balance Sheet (2010 – Q1 2015)
Balance Sheet (2010 – Q1 2015) 2010 2011 2012 2013 2014 March 2015 Balance Sheet KD Mn KD Mn KD Mn KD Mn KD Mn KD Mn ASSETS Non-current assets Property and equipment - Net 88.4 101.4 98.9 119.0 113.1 115.7 Intangible assets - Net 0.5 0.4 0.1 30.6 36.3 41.6 Other non-current assets 1.0 0.8 0.7 0.7 0.
Slide 16: Income Statement (2010 – Q1 2015)
Income Statement (2010 – Q1 2015) 2010 2011 2012 2013 2014 Q1 2015 Income Statement KD Mn KD Mn KD Mn KD Mn KD Mn KD Mn Revenue 60.7 93.6 137.5 182.4 239.0 66.5 Other Operating expenses (70.5) (93.1) (114.6) (116.8) (126.3) (35.3) Depreciation and amortization (12.6) (15.2) (18.0) (39.5) (67.6) (18.
Slide 17: Thank you
Thank you Investor Relations: Investor.relations@viva.com.kw Tel: +965 5000 1911 www.viva.com.kw
Kuwait Telecommunications Company (VIVA) — Q1 2015 Earnings Presentation on 6ix