Emirates Integrated Telecommunications Company Pjsc · DFM:DU
Emirates Integrated Telecommunications Company Pjsc — Q1 2019 Earnings Presentation
8 slides from Emirates Integrated Telecommunications Company Pjsc's earnings presentation, Apr 23, 2019
Slide 1: Q1 2019 Results
Q1 2019 Results Emirates Integrated Telecommunications Company PJSC 23rd April 2019
Slide 2: Q1 2019: Key Highlights
Q1 2019 : Key Highlights • EBITDA and Net Profit increased 4.7% and 14.0% respectively excluding exceptional one off item reversal benefit last year, compared to the same period last year. Including the impact of the cost reversal, EBITDA and Net profit after royalty decline by 6.9% and 12.3% respec
Slide 3: Q1 2019: Revenue Performance
Q1 2019 : Revenue Performance Total Revenue (AED Mn.) Segment Contributions (AED Mn.) -5.7% Mobile Revenues Fixed Revenues Other Revenues -8.0% -10.0% +9.0% 611 3,331 3,140 1,801 969 1,657 872 611 561 Q1-18 Q1-19 Q1-18 Q1-19 Q1-18 Q1-19 Q1-18 Q1-19 • Total revenue decline was mainly impacted by decr
Slide 4: Profitability
Q1 2019 : Profitability EBITDA (AED Mn.) Net Profit after Royalty (AED Mn.) One-Off Benefits -6.9% -12.3% • In Q1 2018 eitc received one-off 1,524 benefit of 169m on regulatory 513 charges. 1,419 169 449 119 • EBITDA and Net Profit increased +4.7% 4.7% and 14.0% respectively excluding exceptional on
Slide 5: Capex and Free Cash Flow
Q1 2019 : Capex and Free Cash Flow Capital Expenditure (AED Mn.) Free Cash Flow (AED Mn.) FCF Before Royalty +74.0% -9.1% • Q1 2019 capital expenditure has increased due to acceleration of investment in upcoming 1,091 technologies. 992 • Q1 2019 Free Cash flow decline 8.1% as compared to same period
Slide 6: Subscribers and ARPU
Q1 2019 : Subscribers and ARPU Subscribers (In ‘000) Mobile ARPU (In AED) Q1-18 Q1-19 Mobile ( ‘000) -7.9% +0.1% -9.3% • Mobile subscriber base declined by 9.3% in Q1 2019 9,335 8,600 8,571 compared to the same period 7,774 last year as we continued our focus on value rather than volume. TRA 90 Days
Slide 7: Market overview
Market overview Market share consolidation – sustain competitiveness in the market UAE Mobile Subscribers - Market share quarterly UAE Telecom Market – Revenue share quarterly evolution evolution 60.0% 80.0% 55.5% 50.0% 70.0% 71.6% 44.5% 60.0% 40.0% 50.0% 30.0% 40.0% 20.0% 30.0% 28.4% 20.0% 10.0% et
Slide 8: Thank You
Thank You 8
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