Slide 1: Investor presentation: Annual results for the year ended December 31, 2017
DIGI COMMUNICATIONS N.V. Investor presentation Annual results for the year ended December 31, 2017
Slide 2: Disclaimer
p. 2 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
Slide 3: Group overview
Group overview ‘Mil € Romania Hungary Spain & Other4 Total Year ended Year ended Year ended Total3 Dec 31, 2017 Dec 31, 2017 Dec 31, 2017 Revenues2 €658.3 m €150.4 m €112.7 m €916.6 m EBITDA €227.0 m €39.8 m €20.8 m €287.5 m Adj EBITDA margin¹ 34.5% 26.4% 18.5% 31.4% Service offering / RGUs December
Slide 4: Recent developments
Recent developments Business • On 1 February 2018, RCS & RDS S.A., DIGI Távközlési és Szolgáltató Korlátolt Felelősségű Társaság („Digi Kft.”), as the borrowers, the Company, as a guarantor, Citibank N.A., London Branch and ING Bank N.V. as the arrangers, ING Bank N.V. as the facility agent, and sev
Slide 5: Financial highlights
Financial highlights Results from continuing operations Key considerations • Revenues in Romania increased mainly as a Eur. m 1 Revenues Adj. EBITDA CAPEX result of: 1,000.0 916.6 • Increase in mobile telephony RGUs 900.0 and ARPU. 842.8 • Increase in our cable Tv and fixed 800.0 internet RGUs. 700.
Slide 6: Highlights Romania (1/2)
Highlights Romania (1/2) Revenue and Adj EBITDA Results of Operations1 Three months Twelve months ended % ended % ‘Mil € December 31, change December 31, change 2016 2017 2016 2017 Revenues 165.1 165.5 0.2% 615.4 658.3 7.0% Adjusted EBITDA 51.5 62.9 22.1% 202.3 227.0 12.2% Margin % 31.2% 38.0% 32.9%
Slide 7: Highlights Romania (2/2)
Highlights Romania (2/2) Subscribers Key considerations RGUs Period Ended Net Additions Thousand RGUs December 31, Steady growth in Cable TV and Internet Last 12 Last 3 subscribers 2016 2017 months months Cable TV 2,865 3,030 165 56 Increase YoY in mobile telephony RGUs and Fixed internet and da
Slide 8: Highlights Hungary (1/2)
Highlights Hungary (1/2) Revenue and Adj EBITDA Results of Operations Three months ended % Year ended % ‘Mil € December 31, change December 31, change 2016 2017 2016 2017 Revenues 37.6 37.3 (0.8)% 137.9 150.4 9.1% Adjusted EBITDA 12.0 7.0 (41.7)% 51.3 39.8 (22.4)% Margin % 31.9% 18.6% 37.2% 26.4% Ke
Slide 9: Highlights Hungary (2/2)
Highlights Hungary (2/2) Subscribers Key considerations RGUs Period Ended Net Additions Thousand RGUs December 31, Increase in Cable TV, Internet and Fixed Last 12 Last 3 Telephony subscribers 2016 2017 months months Cable TV 473 500 27 5 Increase in Cable TV & DTH ARPU Fixed internet and data 42
Slide 10: Highlights Other Territories
Highlights Other Territories Revenue and Adj EBITDA Three months Year ended ended ‘Mil € December 31, % change December 31, % change 2016 2017 2016 2017 Revenues Spain1 21.3 26.1 22.5% 84.7 93.9 10.9% Other 2.7 5.4 100.0% 9.6 18.8 95.8% 24.0 31.5 31.3% 94.3 112.7 19.5% Adj EBITDA 2.5 3.7 48.0% 9.7 2
Slide 11: Group Financial Profile (1/2)
Group Financial Profile (1/2) Financial liabilities as of Maturity profile Long term loans & Notes December 31, 20171 (Mil €)2 Amount 400 350 Facility (Mil €) 2016 Senior Secured Notes 350.0 300 2016 Senior Facility 337.4 Financial leases 4.2 200 Other long term debt2 41.3 148 Other short term debt3
Slide 12: Group Financial Profile (2/2)
Group Financial Profile (2/2) 1000 780 773 Key considerations 800 710 15 16 50 600 758 764 400 661 Total net debt1 as of December 31, 2017 is €763.8 million Net Leverage2 is 2.7x and Gross Leverage is 200 2015 2016 2017 2.7x. Net Debt Cash 3.8x 3.5x 3.3x 3.0x 3.0x 3.0x 2.7x 2.8x 2.5x 2.9x 2.8x 2
Slide 13: Contact
Contact You can find us on: Web: www.digi-communications.ro Email: ipo.relations@digi-communications.ro 13 DIGI
Slide 14: Q&A
Q&A 14 DIGI