Telekom Austria Ag · VIE:TKA
Telekom Austria — Q2 2023 Earnings Presentation
15 slides from Telekom Austria's earnings presentation, Jul 11, 2025
Slide 1: Results for Q2 2023 and Q1-Q2 2023
Results for Q2 2023 and Q1-Q2 2023
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: Highlights Q2 2023
A1 Group Highlights Q2 2023 • Revenues: +7% yoy to € 1.299 mn, supported by value-protecting pricing measures and upselling. • Guidance raised: Revenues expected to grow by around 5%. • EBITDA: +6% yoy to € 486 mn, due to positive revenue development and despite higher OPEX. • Financial result: sign
Slide 4: Customer-related information
Customer-related information Mobile subscribers (in thousand) RGUs (in thousand) Q2 ‘23 Group ARPU and ARPL (in €) 25.7 26.4 ▲ ▲ 1.5% 0.5% 23,897 24,116 24,486 6,203 6,148 6,050 6,077 6,204 6,221 6,249 21,864 22,766 21,029 21,288 24% 27% 27% 28% 28% 29% 29% 83% 84% 84% 84% 8.3 8.3 80% 82% 42% 41% 41
Slide 5: Segment Austria in Q2 2023
Segment Austria in Q2 2023 Highlights Revenues (€ mn) • Value-protecting pricing measures started to feed in as of April 2023. +3.9% • Mobile: 676 702 − More rational and calmer market dynamics compared to H2 of the previous year. − Continued solid performance of high-value tariffs and mobile WiFi Q
Slide 6: International segments in Q2 2023
International segments in Q2 2023 Highlights Revenues and EBITDA (€ mn) Continued positive trends and broadly unchanged market dynamics resulted in solid revenue and EBITDA growth in most CEE markets. +21.0% +16.5% (BYN) STEMO 183 +4.8% +10.6% (BYN) • Bulgaria: service revenue growth driven by fixed
Slide 7: Group revenues
Group revenues Unless otherwise stated, all amounts in € mn Q2 2023 Q2 2022 Q1-Q2 2023 Q1-Q2 2022 Service revenues 1,082 1,026 +5.5% 2,120 2,014 +5.3% Equipment revenues 194 162 +20.2% 389 317 +22.8% Other operating income 23 21 +7.9% 47 44 +6.9% Total revenues 1,299 1,208 +7.5% 2,557 2,375 +7.6% Re
Slide 8: P&L
P&L Unless otherwise stated, all amounts in € mn Q2 2023 Q2 2022 Q1-Q2 2023 Q1-Q2 2022 Total Costs and Expenses higher, driven Revenues 1,299 1,208 +7.5% 2,557 2,375 +7.6% by: OPEX (813) (752) +8.2% (1,635) (1,486) +10.0% Restructuring (17) (20) –15.8% (38) (41) -7.5% • Electricity costs EBITDA 486
Slide 9: Free cash flow
Free cash flow Unless otherwise stated, all amounts in € mn Q2 2023 Q2 2022 Q1-Q2 2023 Q1-Q2 2022 EBITDA 486 457 +6.3% 922 889 3.7% Free Cash Flow declined in the reporting Restructuring charges, cost of 18 16 +15.9% 41 38 +6.7% period mainly due to higher CAPEX and labor obligations changes in work
Slide 10: Spin-off and listing of tower business
Spin-off and listing of tower business Cornerstones of the A1 tower business Further steps planned • A1 tower business to be spun-off named “EuroTeleSites”. • EGM on August 1, 2023. • EuroTeleSites is planned to be listed at Vienna Stock Exchange. • September: capital markets day followed by roadsho
Slide 11: Outlook
Out look 11 Results presentation: Q2 2023
Slide 12: Guidance '23 Consensus
Guidance ‘23 Consensus Total revenues Around +4% + +5% EUR 5.224 mn (+4.4%) CAPEX (excl. spectrum) Around € 950 million EUR 966 mn Guidance 2023: Revenues expected to grow by around 5% CAPEX guidance unchanged. 12 Results presentation: Q2 2023
Slide 13: Appendix
App endix 13 Results presentation: Q2 2023
Slide 14: Conservative financial policy, investment-grade rating
Conservative financial policy, investment-grade rating Overview (June 30, 2023) Lines of credit (June 30, 2023) Credit ratings Moody's S&P Fitch • Total financial debt:€ 1,967 mn • Total committed lines: € 1,890 mn • Average cost of debt: 2.97% o Average term to maturity: A- A- 2.36 years • Cash & c
Slide 15: Hans Lang, Head of Investor Relations
Hans Lang Head of Investor Relations E investor.relations@a1.group M +43 50 664 47500 A1 Classification: Internal