Global Telecom Holding S.a.e. · EGX:GTHE

Global Telecom Holding S.a.e — Q1 2017 Earnings Presentation

14 slides from Global Telecom Holding S.a.e's earnings presentation, May 11, 2017

  1. Slide 1: Q1 2017 results update

    Q1 2017 results update © Global Telecom Holding 2017 Amsterdam – 11 May 2017 Vincenzo Nesci – Chief Executive Officer Gerbrand Nijman – Chief Financial Officer 1

  2. Slide 2: Disclaimer

    Disclaimer This presentation is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy shares in Global Telecom Holding S.A.E. (the "Company"). Further, it does not constitute a recommendation by the Company or any other party to sell or buy sha

  3. Slide 3: Q1 2017 financial highlights

    Q1 2017 financial highlights © Global Telecom Holding 2017 3

  4. Slide 4: Q1 2017 financial highlights

    Q1 2017 financial highlights Service revenue Mobile customers ► Service revenue declined organically 4.5% YoY: (USD million) (million) • Weak performance in Algeria • Leap year in 1Q16 720 99.1 ► • Partially compensated by growth in Pakistan Mobile data revenue organic growth of 39% YoY © Global Tel

  5. Slide 5: Q1 2017 income statement

    Q1 2017 income statement Reported USD millions 1Q17 1Q16 YoY Service revenue 720.1 686.9 4.8% -Of which mobile data revenue 95.4 63.0 51.4% Other revenue 32.3 20.2 60.0% Total operating Revenue 752.5 707.1 6.4% Total expenses (420.1) (368.0) 14.2% ► Primarily due to consolidation of Warid from 1 Jul

  6. Slide 6: Debt by entity

    Debt by entity As at 31 March 2017 Net debt / Gross debt / Weighted average underlying1 LTM EBITDA underlying1 LTM EBITDA cost of debt 1.7x 2.2x 8.0% © Global Telecom Holding 2017 Outstanding external debt (USD million) Type of debt Entity Loans Bonds Other Total GTH Holding 290 - - 290 GTH Finance

  7. Slide 7: Balanced maturity profile

    Balanced maturity profile As at 31 March 2017 GTH Djezzy 716 © Global Telecom Holding 2017 Mobilink 621 565 Banglalink 557 285 20 16 2017 2018 2019 2020 2021 2022 2023 7 Note: principle amounts of loans and bonds only

  8. Slide 8: Q1 2017 OpCo performance

    © Global Telecom Holding 2017 8 Q1 2017 OpCo performance

  9. Slide 9: Pakistan: continued growth while integration synergies drive margin expansion

    Pakistan: continued growth while integration synergies drive margin expansion TOTAL REVENUE MOBILE CUSTOMERS (PKR BILLION) (MILLION) +5.4% YoY +8.7% YoY ► Merger integration well on track: 36.7 38.7 38.7 • Annual run rate of gross synergies >PKR 11 billion (>USD 2,0 2,0 2,5 52,5 100 million) 48,3 36

  10. Slide 10: Algeria: prepared for turnaround in a challenging environment

    Algeria: prepared for turnaround in a challenging environment TOTAL REVENUE MOBILE CUSTOMERS (DZD BILLION) (MILLION) -15.2% YoY -3.6% YoY ► New leadership team on board to drive the 30.0 27.2 25.5 turnaround in a highly competitive market 0.3 0.3 0.3 29,7 16,7 16,1 ► Challenging environment continue

  11. Slide 11: Bangladesh: sustained data growth, market remains competitive

    Bangladesh: sustained data growth, market remains competitive TOTAL REVENUE MOBILE CUSTOMERS (BDT BILLION) (MILLION) -1.2% YoY -3.4% YoY ► Service revenue decline of 2.5% YoY: 12.2 12.0 12.0 0,2 0,4 0,3 • Aggressive competition on customer acquisition after 31,6 12,0 11,6 11,7 30,5 in-market consoli

  12. Slide 12: Q&A

    Q&A © Global Telecom Holding 2017 Vincenzo Nesci – Chief Executive Officer Gerbrand Nijman – Chief Financial Officer 12

  13. Slide 13: Further information

    Further information Investor Relations Ola Tayel Cairo Registered Office Amsterdam Head Office 2005C Nile City Towers - North Tower Gustav Mahlerlaan 314 Cornish El Nile Ramlet Beaulac 1082 ME Amsterdam © Global Telecom Holding 2017 Cairo 11221, Egypt The Netherlands Tel: +202 2461 5120 Tel: +312023

  14. Slide 14: Appendix: foreign exchange rates applied to the financial statements

    Appendix FOREIGN EXCHANGE RATES APPLIED TO THE FINANCIAL STATEMENTS © Global Telecom Holding 2017 Average rates Closing rates 1Q17 1Q16 YoY 1Q17 1Q16 YoY Egyptian pound 17.8294 8.0549 121.3% 18.175 8.8749 104.8% Algerian Dinar 109.9253 107.8196 2.0% 110.0652 108.3936 1.5% Pakistan Rupee 104.791 104.

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