Digi Communications NV · BVB:DIGI
Digi Communications NV — Investor Presentation (November 2020)
21 slides from Digi Communications NV's investor presentation, November 2020
Slide 1: Investor presentation November 2020
Investor presentation November 2020
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: The information in this document has been prepared by Digi Communications N.V., (the "Company“ or “DIGI”) and solely for use during the pres
Slide 3: Digi is a leading telecommunication Group in Romania, Hungary, Spain and Italy
Group Digi is a leading telecommunication Group with business in Romania, Hungary, Spain and Italy 23% 61% Romania Spain & Italy 16% Hungary 9M Sept 2020 9M Sept 2020 9M Sept 2020 Revenue1: Revenue1: Revenue1: €582mm €217mm €152mm Adj. EBITDA margin2: Adj. EBITDA Margin (Spain)2: Adj. EBITDA margin2
Slide 4: Contents
Contents Digi at a glance: sustained growth profile, solid track record in revenues & EBITDA overcoming pandemic economical challenges Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced netwo
Slide 5: At a glance: Sustained growth profile, overcoming pandemic economical challenges
Group At a glance: Sustained growth profile, overcoming pandemic economical challenges Group revenue Group adjusted EBITDA Group capex2 (€mm) (€mm), margin (%) (€mm), % total revenues 1,186 IFRS 16 impact ~€2bn invested over last 10 years in network +14% infrastructure 31.2% 31.4% 31.3% 37.6% 37.4%
Slide 6: At a glance: Sustained growth profile
Group At a glance: Sustained growth profile RGUs ARPU’s RGU1 (thousand) 17,659 1,773 Group total 12,443 6,227 1,692 +10% 5.1 5.3 5.4 5.7 5.7 +14% 3,922 +11% +14% 4,082 2016 2017 2018 2019 Q3 2020 +13% 2,543 +10% +19% +8% 5,577 4,286 +10% +9% +5% +3% 2016 2017 2018 2019 Sep-20 Pay TV Fixed Internet M
Slide 7: …underpinned by a prudent capital structure
Group …underpinned by a prudent capital structure Group net debt1 to adjusted EBITDA2 Peer net debt to adj. EBITDA4 As of Q2 2020 reported numbers Pre-IFRS 16 6.1x Post-IFRS 16 5.1x 4.0x Median: 3.9x 3.8x 2.8x 2.6x 2.7x 2.4x 2.1x 3 3 2018 2019 Q3 20 Notes: 1. Net debt (excluding impact of IFRS 16) f
Slide 8: Highlights Q3/9 months 2020
Group Highlights Q3/9 months 2020 Strong Growth Profile EUR 950.6 million group consolidated Revenues REVENUES +8.7% for 9m 2020 (+8.7% compared with previous period) RGU +12% RGU YoY increase up to 17.7 million (+12% compared with previous period) Group EBITDA +8 % EUR 353 million Adj EBITDA (incl
Slide 9: Contents
Group Contents Digi at a glance: sustained growth profile, solid track record in revenues & EBITDA overcoming pandemic economical challenges Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced
Slide 10: Leading commercial propositions for customers
Leading commercial propositions for customers Monthly price incl. VAT Digital TV L TV Complet Global TV TV 152 channels, 38 HD 137 channels, 44 HD 191 TV channels, 50 HD 129 channels, 36 HD Limited Limited geographic geographic FIBERLINK 1000 Internet L availability Net 500 Home Net 1000 availabilit
Slide 11: Contents
Group Contents Digi at a glance: sustained growth profile, solid track record in revenues & EBITDA overcoming pandemic economical challenges Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced
Slide 12: Market Leader in Romania
Market Leader in Romania Fiber network(1) Mobile(1) Internet Others 1 9% TV 13% 13% 17% / 11% 12% 60% 16% 61% 36% 18% 33% / Note: 1. Market shares are based on company and peers reported subscriber numbers and regulator data for market size as of Q4 2019. Source: Company data, ANCOM, Peer reporting
Slide 13: … and Leading Challenger in Hungary
… and Leading Challenger in Hungary Cable TV(1) Fixed internet and data(1) Fixed telephony(1) Others Others Others 16% 8% 17% 32% 38% 22% 48% 28% 23% 22% 24% 22% Note: 1. Market shares as of 30 June-2020. Source: NMHH
Slide 14: Strong sustained commercial success in Spain
Strong sustained commercial success in Spain RGUs Revenues & EBITDA RGU (thousand) +85% 2,439 16 +5% 14 +4% 12 1,522 +7% 11 +10% 12 +9% 10 +6% +11% 2,211 9 +9% 2,098 +12% 2,019 1,894 +10% 72 1,728 62 66 1,634 +9% 56 1,496 +23% 50 +18% +15% 46 +40% 40 +65% +48% +77% 157 185 228 26 46 68 112 Q1 2019 Q
Slide 15: Contents
Contents Digi at a glance: sustained growth profile, solid track record in revenues & EBITDA overcoming pandemic economical challenges Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced netwo
Slide 16: Well invested fixed line network in Romania & Hungary
Well invested fixed line network in Romania & Hungary Modern, resilient fiber-based infrastructure in Romania Expanding fiber-footprint in Hungary • Very dense, nationwide network ~100% owned • Technologically advanced fixed fiber network1 • Nationwide last-mile 1Gbps connection with multiple • ~2.1
Slide 17: …and at the beginning of investment cycle in Spain
…and at the beginning of investment cycle in Spain Rolling out fiber-footprint in Spain • Launch of FTTH fixed broadband and fixed telephony in September 2018 • Indirect access on Telefonica FTTH GPON network based on the NEBA regulation
Slide 18: Mobile network in expansion
Mobile network in expansion Newly built own mobile network, coverage increasing in Romania Testing proprietary network in Hungary • ~5,000 base stations (approximately 4,350 of which are • Launched own mobile network in May 4G) 2019, with services in testing phase and available only to existing cust
Slide 19: Outlook
Group Outlook • Taking advantage of pockets of growth on a mature market • Continue network expansions into rural areas and densification and roll out of mobile network • Continue providing value for money offerings to its customers • On-going development of mobile network with a view of becoming a
Slide 20: Q&A
Q&A
Slide 21: Contact
Contact You can find us on: Web: www.digi-communications.ro Email: ipo.relations@digi-communications.ro
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