Rogers Communications Inc. Class A · TSX:RCI.A
Rogers Communications Inc. Class A — Q1 2020 Earnings Presentation
9 slides from Rogers Communications Inc. Class A's earnings presentation, Apr 22, 2020
Slide 1: Q1 2020 Results
Q1 2020 Results April 22, 2020 1 | Q1 2020 Results
Slide 2: Cautionary note
Cautionary note The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.’s (Rogers) investor conference call on April 22, 2020. These materials should be read in conjunction with the disclosure documents referenced below. Certa
Slide 3: Strong financial position in COVID-19 environment
Strong financial position in COVID-19 environment Debt leverage ratio Investment-grade balance of 2.7x sheet remains healthy with a solid liquidity position of $3.8 billion Q1’20 free cash flow of $462 million, up 14% year over year 5 | Q1 2020 Results
Slide 4: Q1 Wireless results
Q1 Wireless results -2% +1% +300 bps -2% Service Adjusted Adj. EBITDA Blended revenue EBITDA margin ARPU ($M) ($M) (%) ($) 1,747 1,026 49.4 1,712 1,015 46.4 54.13 52.85 Q1'19 Q1'20 Q1'19 Q1'20 Q1'19 Q1'20 Q1'19 Q1'20 Gross postpaid adds decreased 13% due to COVID-19 6 | Q1 2020 Results
Slide 5: Q1 Cable results
Q1 Cable results 0% +2% +100 bps -1% Revenue Adjusted Adj. EBITDA ARPA EBITDA margin ($M) ($M) (%) ($M) 45.6 46.6 976 973 453 130.51 128.91 445 Q1'19 Q1'20 Q1'19 Q1'20 Q1'19 Q1'20 Q1'19 Q1'20 Internet net adds of 17k 7 | Q1 2020 Results
Slide 6: Q1 Media results
Q1 Media results -12% -1% Revenue Adjusted EBITDA ($M) ($M) 468 412 Q1'19 Q1'20 (84) (85) Q1'19 Q1'20 Revenue loss from suspension of live sporting events 8 | Q1 2020 Results
Slide 7: Q1 consolidated results
Q1 consolidated results Q1'20 %Chg Service revenue results reflect In millions of dollars, except percentages and per share amounts reduced roaming revenue and strong adoption of Rogers Infinite plans Total service revenue 3,049 (3) Adjusted EBITDA 1,335 - Adjusted EBITDA margin 39.1% 1.9 pts Health
Slide 8: Outlook
Outlook Suspending 2020 guidance given the uncertainty of the duration and impact of COVID-19 pandemic Focus on maintaining strong cash flow, liquidity and balance sheet For further information, please see the “Financial guidance” section of our First Quarter 2020 MD&A 10 | Q1 2020 Results
Slide 9: Q1 2020 Results
Q1 2020 Results April 22, 2020 11 | Q1 2020 Results
Rogers Communications — Q1 2020 Earnings Presentation on 6ix