Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q3 2017 Earnings Presentation
16 slides from Dialog Axiata's earnings presentation, 2017
Slide 1: Dialog Axiata PLC – Q3 2017
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q3 2017 an axiata company
Slide 2: Dialog Group Performance / Company Performance / Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance Colombo Trust Finance PLC – Acquisition Update 2
Slide 3: Dialog Group Performance Highlights – Q3 2017
Dialog Group Performance Highlights – Q3 2017 Dialog Consolidates Performance with Strong 3rd Quarter Results Solid Growth in Q3 backed by Strong Recovery in Core Revenue Streams and Cost Initiatives • Q3 2017 Group Revenue at Rs24.2Bn, grew 5% QoQ. 11% YoY • Q3 2017 Group EBITDA at Rs9.4Bn, grew 16
Slide 4: Group Financial Summary
Group Financial Summary Strong Q3 Performance Amidst External Challenges; YTD Revenue and EBITDA Growth of 8% and 14% Respectively while YTD PAT Impacted by Higher Non Operating Cost Rs Mn 3Q 17 QoQ YoY YTD 2017 YTD Revenue 24,218 5% 11% 69,395 8% EBITDA 9,400 16% 22% 24,751 14% PAT 3,721 59% 31% 7,
Slide 5: Group Revenue Continued its Growth Trajectory
Group Revenue Continued its Growth Trajectory, Recording a Growth of 5% QoQ, 11% YoY and 8% YTD Strong Recovery of Core Revenue Streams Driving Overall Revenue Growth (Rs Mn) +11% +8% +5% 69,395 63,970 24,218 23,012 21,748 Q3 17 Q2 17 Q3 16 YTD 17 YTD 16 • Mobile Data continued its upward trend, rec
Slide 6: Q3 Profitability Growth Delivered on Strong Recovery in Core Revenues
Q3 Profitability Growth Delivered on Strong Recovery in Core Revenues and Cost Initiatives; EBITDA Margin Improved 3.5pp QoQ Strong EBITDA Growth and Improved EBITDA QoQ PAT Growth Backed by EBITDA while PAT Margins Margin Stood at 15.4% in Q3, up 5.2pp QoQ (Rs Mn) (Rs Mn) +22% +14% +31% -2% +16% 24
Slide 7: Focused Capex Investments to Support Rapid Growth in Data
Focused Capex Investments to Support Rapid Growth in Data YTD 2017 Capex Intensity at 25% Capex Investments Directed Towards Expanding Data Network; 4G and Fixed LTE Coverage Reached 40% and 52% (Rs Mn) +17% +34% +1% 18,0 00 17,136 16,0 00 14,0 00 12,742 12,0 00 6,608 6,535 10,0 00 8,00 0 5,651 6,00
Slide 8: Group's Net Debt to EBITDA Remained Healthy Below 0.9x
Group’s Net Debt to EBITDA Remained Healthy Below 0.9x with Improved Profitability and Working Capital Management 30 Sep 17 30 Jun 17 30 Sep 16 (Rs Mn) Gross Debt 33,220 33,402 31,916 Net Debt 29,471 28,887 26,845 Cash and Cash Equivalents 3,751 4,515 5,072 Gross Debt / Equity (x) 0.57 0.61 0.61 Gro
Slide 9: Dialog Axiata Company Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance Colombo Trust Finance PLC – Acquisition Update 9
Slide 10: Dialog Axiata PLC (Company)
Dialog Axiata PLC (Company) Dialog Continues to Capture Market Share; Data and Recovery in Core Revenues Diving QoQ ARPUs Revenue Growth Driven by Data, Voice and Data Driving ARPU Growth Supported by 4G International Revenues Conversion and Coverage Expansion (Rs Mn) +10% +6% 406 450 10% 400 393 37
Slide 11: Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance Colombo Trust Finance PLC – Acquisition Update 11
Slide 12: Dialog Television
Dialog Television Significant Improvement in QoQ EBITDA and PAT Driven by Aggressive Cost Initiatives TV Revenue Growth Continued to be Challenged with Prepaid Subscriber Base Continued to Register Drop in Postpaid Subscribers and ARPUs; Subscription Strong Growth of 4% QoQ and 39% YTD Revenue Stabl
Slide 13: Dialog Broadband Networks – Fixed Business
Dialog Broadband Networks – Fixed Business Revenue Growth Underpinned by Home Broadband (HBB) on the back of Network Coverage Enhancement and Aggressive Customer Reconnection Drives Strong Growth in HBB Revenue Driving QoQ and YTD Revenue improvement (Rs Mn) +31% +35% +4% 10, 000 9,098 9,0 00 8,0 00
Slide 14: Colombo Trust Finance PLC – Acquisition Update
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance Colombo Trust Finance PLC – Acquisition Update 14
Slide 15: Colombo Trust Finance PLC (CTF) – Acquisition Update
Colombo Trust Finance PLC (CTF) – Acquisition Update The acquisition of 80.34% of the shares in Colombo Trust Finance PLC by Dialog Axiata PLC was completed on the 12th of September 2017. Accordingly the assets and liabilities of CTF have been reflected in the consolidated balance sheet of the Dialo
Slide 16: Thank You
Dialog Thank You 16