Vodafone Qatar Qsc · QSE:VFQS
Vodafone Qatar Qsc — 9M FY2016 Earnings Presentation
11 slides from Vodafone Qatar Qsc's earnings presentation, Jan 26, 2016
Slide 1: Vodafone Qatar Q.S.C Financial Results
Vodafone Qatar Q.S.C Financial Results 9 months ended 31 December 2015 26 January 2016
Slide 2: Disclaimer
Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation con
Slide 3: Financial Summary
Financial Summary For the nine months ended 31 December 2015 • Healthy Customer growth surpassing 1.5 million customers QR m 9m to YoY • Revenue decline reflecting difficult economic (unless otherwise stated) Dec 2015 Growth conditions, the continued tough competitive situation particularly in prepa
Slide 4: Mobile Customers (000)
Mobile Customers (000) +6% 1,501 • 6% growth in customers 1,414 ‒ Strong growth in Postpaid customers across mid- 220 Postpaid range and high value plans 1,273 137 Prepaid 122 • Postpaid customers now account for 14.7% of the total 1,005 base up from 9.7% in previous period 57 797 1,276 1,281 1,151
Slide 5: Revenues (QR m)
Revenues (QR m) -8% 1,735 • 8 % Revenue decline reflecting a combination of: 1,603 Prepaid − Difficult economic conditions 291 Postpaid − Tough competitive situation on prepaid 1,432 245 Other − Migration from Voice to Data 159 − Weaker demand for iPhone 6s 314 1,092 248 361 − Reduced Inbound revenu
Slide 6: EBITDA & Distributable Profits (QR m)
EBITDA & Distributable Profits (QR m) -19% 421 • Lower EBITDA resulting from revenue decline 344 343 and higher cost base due to network investment EBITDA EBITDA Margin • Decline in EBITDA margin % is a direct Distributable Profit consequence of reduced Prepaid pricing and 182 higher cost base 152 1
Slide 7: CAPEX (QR m)
CAPEX (QR m) -8% 296 CAPEX • Continued CAPEX investment in network 271 modernization with new site rollouts and capacity 262 253 Intensity upgrades to ensure a world class network experience. 203 28% 24% 17% 17% 14% Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 7 9M FY16 Financial Results Presentation
Slide 8: Net Financing Position (QR m)
Net Financing Position (QR m) 1,021 • Net Financing position increased following payment of FY15 dividend of QR 177.5m (21dh per share) to 884 896 852 shareholders in July +44 737 • Headroom of QR 184m on current wakala facility Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 8 9M FY16 Financial Results Presenta
Slide 9: Appendices
Appendices 9
Slide 10: Financial Summary
Financial Summary 9m 9m 9m 9m 9m Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 QRm QRm QRm QRm QRm Total Revenue 906 1,091 1,432 1,735 1,603 EBITDA 102 182 343 421 343 Net Loss (353) (327) (213) (150) (286) Distributable Profit (50) (26) 89 152 17 CAPEX 253 262 203 296 271 Free Cash Flow (93) (84) 114 13 (138)
Slide 11: Contact Details
Contact Details Visit our website for more information Investor and Media Queries Yaman Al-Jundi Lana Khachan Investor Relations Media Relations yaman.aljundi@vodafone.com lana.khachan@vodafone.com +974 7777 5562 +974 7777 5787 www.vodafone.qa/en/investor-relations 11
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