17 slides from Rogers Communications Inc. Class A's earnings presentation, Jul 21, 2021
Slide 1: Q2 2021 Results
Q2 2021 Results July 21, 2021 1
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 July 21, 2021. These materials should be read in conjunction with the disclosure documents referenced below. Certai
Slide 3: Joe Natale, President and CEO
Joe Natale President and CEO 3
Slide 4: Consolidated results
Consolidated results +12% +6% Total service Adj. EBITDA revenue ($M) ($M) 3,131 1,374 2,797 1,294 Q2'20 Q2'21 Q2'20 Q2'21 4
Slide 5: Wireless focused on execution and recovery
Wireless focused on Largest unlimited-data base and execution and recovery Canada’s largest 5G network Rogers’ 5G network connects over 50% of the Canadian population 99k 0.80% Leader in unlimited – 2.7 million customers on Rogers Infinite unlimited Postpaid net adds Postpaid data plans churn Digita
Slide 6: Continuous improvement in Cable
Continuous improvement in Cable 66k +4% Ignite TV ARPA net adds (‘000s) ($/mo) 66 132.83 128.12 18 Q2'20 Q2'21 Q2'20 Q2'21 6
Slide 7: Sports and Media
Sports and Media +84% Revenue ($M) 546 296 Q2'20 Q2'21 Strong growth as viewership and advertising returned to our live sports programming 7
Slide 8: Strategic capital investments
Strategic capital investments Launching 1.5 Gbps Continued 5G rollout Award winning network Expanding our GPON Canada’s largest 5G Umlaut named Rogers 4G and based fibre network in network covering over 5G as “Best in Test” and strategic areas 50% of the Canadian Canada’s most reliable network popul
Slide 9: Our communities
Our communities Closing the digital divide Giving to our communities Enhanced ESG transparency 500,000 underserved and 375 scholarships to young Expanding disclosure in 2020 rural households to have people through the Ted ESG report reliable Internet available by Rogers Scholarship Program • UN Sust
Slide 10: Tony Staffieri, CFO
Tony Staffieri CFO 10
Slide 11: Q2 Wireless results
Q2 Wireless results +2% +10% +420 bps +0.1% Service Adjusted Adj. EBITDA Blended revenue EBITDA service margin ARPU ($M) ($M) (%) ($) 1,616 1,008 62.4 918 58.2 49.16 1,578 49.09 Q2'20 Q2'21 Q2'20 Q2'21 Q2'20 Q2'21 Q2'20 Q2'21 Strong postpaid net adds of 99k with low postpaid churn of 0.80% 11
Slide 12: Q2 Cable results
Q2 Cable results +5% +8% 7k +4% Service Adjusted Customer ARPA revenue EBITDA relationships net adds ($M) ($M) (‘000s) ($/mo) 1,010 492 7 132.83 454 128.12 964 (7) Q2'20 Q2'21 Q2'20 Q2'21 Q2'20 Q2'21 Q2'20 Q2'21 Continued solid service revenue and adjusted EBITDA growth 12
Slide 13: Q2 Media results
Q2 Media results +84% -114% Revenue Adjusted EBITDA ($M) 546 296 ($M) Q2'20 Q2'21 (35) (75) Q2'20 Q2'21 Higher sports-related and advertising revenue offset by higher programming and Blue Jays payroll costs 13
Slide 14: Q2 consolidated results
Q2 consolidated results Q2'21 % Change Service revenue increase reflects In millions of dollars, except percentages and per share amounts higher roaming revenue as travel restrictions ease, ARPA increase in Total service revenue 3,131 12 Cable and live sports revenue resumption Adjusted EBITDA 1,374
Slide 15: Strong financial position
Strong financial position Investment-grade balance sheet with healthy available liquidity position of $6.9 billion Debt leverage ratio of 3.0x Weighted average interest rate of 4.02% with average term to maturity of 13.4 years 15
Slide 16: Outlook
Outlook COVID-19 impacts including extended lockdowns continue to impact longer-term visibility Q3 results anticipated to show year-over-year improvements Rogers team continues to focus on customer service and driving efficiency across all businesses For further information, please see the "2021 Ful
Slide 17: Q2 2021 Results
Q2 2021 Results July 21, 2021 17