Eurotelesites Ag · VIE:ETS
Eurotelesites — Q2 2025 Earnings Presentation
16 slides from Eurotelesites's earnings presentation, Jul 16, 2025
Slide 1: Q2/2025 Results Presentation
Q2/2025 Results Presentation Vienna, 16 July 2025
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: Management Summary Q2/2025
Management Summary Q2/2025 4.8% or +3.2 mEUR revenue growth vs Q2/2024 driven by ▪ Contractual inflation adjustments as of 1 April 2025 ▪ Portfolio growth ▪ Further expanded business relationship with third-party CAPEX at 10.3 mEUR, focused on: ▪ 5G upgrades and rollouts for the anchor tenant ▪ More
Slide 4: EuroTeleSites is Building Europe's Digital Infrastructure Q2/25
EUROTELESITES IS BUILDING EUROPE'S DIGITAL INFRASTRUCTURE Q2/25 13,700 Sites in 6 countries 17,043 Number of Tenants Q2/2024 vs. Q2/2025 Total Revenues (mEUR) 66.8 70.0 EBITDA (mEUR) / Margin 56.7 / 84.8% 58.8 / 83.9% EBITDAaL (mEUR) / Margin 38.1 / 57.0% 39.4 / 56.3% CAPEX (mEUR) 9.8 10.3
Slide 5: In Q2 2025 Total Built 62 New Sites, Resulted in 38 Net Adds
In Q2 2025 Total Built 62 New Sites, Resulted in 38 Net Adds. 39 Third-Party Tenants Onboarded. Number of Total Sites Number of Tenants +148 +303 16,740 16,809 16,917 16,966 17,043 13,552 13,568 13,637 13,662 13,700 30 June 30 September 31 December 31 March 30 June 30 June 30 September 31 December 3
Slide 6: More Investments for Rollout vs Q2/2024 Driven by 62 New Sites Built
More Investments for Rollout vs Q2/2024 Driven by 62 New Sites Built CAPEX mEUR Comments 19.2 ▪ Rollout & Mandatory upgrades 4.3 62 new sites were built, with 27 being 13.7 Greenfield and 35 being Rooftop sites 0.5 12.3 5.0 ▪ In Q2, CAPEX investment was 3.7 1.1 10.3 9.8 strategically focused on the
Slide 7: Financial Details
Financial Details [eal EuroTeleSltes
Slide 8: HY/2025 Group Results I/II
HY/2025 Group Results I/II Revenues YTD EBITDA YTD (Margin) mEUR mEUR +5.3% +6.5% 130.7 137.7 111.1 118.3 85.0% 85.9% HY 2024 HY 2025 HY 2024 HY 2025 Comments ▪ Revenue growth of 5.3% driven by contractual inflation adjustments, portfolio growth and tenants acquisition ▪ EBITDA development as a resu
Slide 9: HY/2025 Group Results II/II
HY/2025 Group Results II/II EBITDA after leases YTD (Margin) Cashflow YTD mEUR (CF Operations - CAPEX paid) mEUR +7.3% 96.2 85.0 74.3 79.7 56.8% 57.9% HY 2024 HY 2025 HY 2024 HY 2025 Comments ▪ EBITDA after leases: IFRS16 lease liabilities increased primarily due to new locations and contractual obl
Slide 10: Q2/2025 Group Results I/II
Q2/2025 Group Results I/II Revenues EBITDA mEUR mEUR +4.8% +3.7% 66.8 68.0 71.4 67.7 70.0 56.7 58.4 57.8 59.6 58.8 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 2024 2024 2024 2025 2025 2024 2024 2024 2025 2025 Comments ▪ Revenues driven by contractual indexation, third-party portfolio development and infrastructur
Slide 11: Q2/2025 Group Results II/II
Q2/2025 Group Results II/II EBITDA after leases Cashflow (CF Operations - CAPEX paid) mEUR mEUR +3.4% 47.0 49.5 46.8 37.9 38.1 39.6 37.5 40.2 39.4 30.9 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 2024 2024 2024 2025 2025 2024 2024 2024 2025 2025 Comments ▪ The increase in regular lease expenses (IFRS 16) is prima
Slide 12: Guidance
Guidance [eal EuroTeleSltes
Slide 13: Guidance for 2025 and Mid-term
Guidance for 2025 and Mid-term OPERATIONAL FINANCIAL FINANCIAL GUIDANCE GUIDANCE GUIDANCE MID TERM 2025 2025 Increase Revenue growth of ~4%*, as Revenue growth 3-5% CAGR, as third-party revenues revenue growth 2024 was > 8% revenue growth 2024 was > 8% ~200 net increase Keep high levels CAPEX ~20% o
Slide 14: Questions & Answers
QUESTIONS & ANSWERS Ivo Ivanovski Lars Mosdorf EuroTeleSites EuroTeleSites CEO CFO CONTACT INVESTOR RELATIONS Moritz Palmi E: Moritz.Palmi@eurotelesites.com M: +43 664 66 39 520 14
Slide 15: Backup
Backup
Slide 16: Glossary
Glossary AMX, OeBAG América Móvil, Österreichische Beteiligungs AG Anchor Tenant Major customer of EuroTeleSites Build-to-suit Program Sites characterized by the construction of a new tower for an anchor tenant for which there is a "Built-to-suit" Program CAPEX - Capital Expenditures Total additions