Telekom Austria Ag · VIE:TKA
Telekom Austria — Q3 2025 Earnings Presentation
19 slides from Telekom Austria's earnings presentation, Oct 14, 2025
Slide 1: Results for Q3 and Q1-Q3 2025
Draft for internal discussion Results for Q3 and Q1-Q3 2025 October, 14 2025 1 1
Slide 2: Cautionary statement
Cautionary statement This presentation contains forward-looking statements. These forward-looking statements are usually accompanied by words such as 'believe', 'intend', 'anticipate', 'plan', 'expect' and similar expressions. Actual events may differ materially from those anticipated in these forwa
Slide 3: Summary Q3
A1 Group Summary Q3 ▪ Total revenues +3.5%, driven by equipment revenues (ICT) ▪ Service revenues +0.7%: growth in CEE mitigates decline in AT ▪ EBITDA +2.8%: strong OPEX control: stable core OPEX despite market invest ▪ FCF EUR 529 mn (+52%) in the first nine months 2025 ▪ Bulgaria: strong performa
Slide 4: Customer development
Customer development Internet@Home Postpaid Mobile Postpaid +4.6% +11.8% 25.416 3.978 363 2.280 120 IoT 22.736 3.803 35 57 37 -37 Q3 2024 AUT International Q3 2025 Q3 2024 AUT International Q3 2025 BBI Cube 'International' comprises the segments Bulgaria, Croatia, Belarus, Slovenia, Serbia and North
Slide 5: Main Financials Q3 2025
Main Financials Q3 2025 Total Revenues Service Revenues EBITDA 1.401 mEUR 1.160 mEUR 563 mEUR 9.9% EBITDA EBITDA excl. one-offs and restructuring 6.3% 9.0% 7.8% 3.5% 0.7% 2.8% 2.9% -3.1% A1 Group Austria* International -4.5% -3.2% -3.7% A1 Group Austria* International A1 Group Austria International
Slide 6: Q1-Q3'25: Service revenue growth on the back of mobile core, solutions & connectivity, broadband and TV
Q1-Q3´25: Service revenue growth on the back of mobile core, solutions & connectivity business, broadband and TV Service Revenues 3.412 mEUR +66 (+2.0%) 3.412 3.346 Q1-Q3 ‘24 Mobile Core Cubes BB + TV Fixed Voice IC Solutions & VR / NR Other Rev. Q1-Q3 ‘25 Connectivity 6 Cubes: NetCubes and Data Box
Slide 7: Q1-Q3'25: EBITDA growth driven by service revenues and cost control
Q1-Q3´25: EBITDA growth driven by service revenues and cost control despite higher investments into market and customer EBITDA 478 mEUR EBITDA 1.562 mEUR +56 Excl. restruct. and one-offs: (+3.7%) +50 (+3.2%) 1.562 1.506 Q1-Q3 ‘24 Mobile Fixed & Other Equipment Restructuring Other Q1-Q3 ‘25 margin Co
Slide 8: Free Cash Flow
Free Cash Flow Unless otherwise stated, all amounts Q3 2025 Q3 2024 Δ Q1-Q3 2025 Q1-Q3 2024 Δ Q1-Q3 2025 in EUR mn EBITDA 563 548 2.8% 1,562 1,506 3.7% Restructuring charges, cost of labor 22 24 -7.1% 77 65 18.9% obligations Lease paid (principal, interest, (101) (96) 5.6% (306) (289) 6.0% prepaymen
Slide 9: Focus Points
Focus Points
Slide 10: Driving transformation for scalable growth
Driving transformation for scalable growth Competence Delivery Center 19 1 2.300 Skill (CDC) different delivery international FTE over location › Active centers in one CDC team › Non-customer facing B2B Digital BDC Services ~800 Security Network Datacenter Modern Cloud Delivery Center Workplace FTE
Slide 11: Advancing with Exoscale – Our sovereign European cloud solution
Advancing with Exoscale – Our sovereign European cloud solution • Sovereign European Cloud Leadership • Not subject to US Cloud Act • ISO-certified, high-quality data centers • Largest geographic footprint in DACH & CEE • Robust Ecosystem & Customer Trust • 200+ reseller partners and strong customer
Slide 12: Outlook
Outlook
Slide 13: Revenues and CAPEX outlook
Revenues CAPEX +2-3% < € 800 mn p.a. (before ~ € 800 mn) CAPEX excluding spectrum and M&A 13 15
Slide 14: Appendix
Appendix
Slide 15: Main Financials Q1-Q3 2025
Main Financials Q1-Q3 2025 Total Revenues Service Revenues EBITDA 4.085 mEUR 3.412 mEUR 1.562 mEUR EBITDA EBITDA excl. one-offs and restructuring 9.6% 7.2% 12.7% 9.6% 3.8% 2.0% 3.7% 3.2% -1.8% A1 Group Austria* International -2.7% -3.0% A1 Group Austria* International -5.2% A1 Group Austria Internat
Slide 16: Customer development
Customer development Mobile subscribers (in thousand) RGUs (in thousand) Group ARPU and ARPL op.* +1.9% y-o-y -4.3% 28,306 29,289 26,666 27,122 27,588 6,293 6,352 6,379 6,395 6,412 31% 32% 32% 32% 33% -0.6% 26.4 27.6 85% 86% 87% 87% 87% 44% 44% 44% 44% 44% 11.7 11.8 25% 24% 24% 23% 23% Q3 2024 Q4 20
Slide 17: P&L Q3 and Q1-Q3 2025
P&L Unless otherwise stated, all Q3 2025 Q3 2024 Δ Q1-Q3 2025 Q1-Q3 2024 Δ amounts in EUR mn Revenues 1,401 1,354 +3.5% 4,085 3,937 +3.8% Q3 and Q1-Q3 2025 OPEX (838) (806) +3.9% (2,523) (2,431) +3.8% EBITDA 563 548 +2.8% 1,562 1,506 +3.7% Total OPEX increases in both periods Margin 40.2% 40.4% –0.3
Slide 18: Conservative financial policy and investment-grade ratings
Conservative financial policy and investment-grade ratings As of September 30, 2025 Overview (September 30, 2025) Lines of credit (September 30, 2025) Credit ratings • Total financial debt: EUR 804 mn • Total committed lines: EUR 1,315 mn A3/A- • Average cost of debt: 1.55% o Average term to maturit
Slide 19: Draft for internal discussion
19 19 Draft for internal discussion