Digi Communications NV · BVB:DIGI
Digi Communications NV — Investor Presentation (September 2021)
20 slides from Digi Communications NV's investor presentation, September 2021
Slide 1: Investor presentation September 2021
Investor presentation September 2021
Slide 2: Disclaimer
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 pres
Slide 3: Leading telecommunications Group with business in Romania, Spain, Hungary, and Italy
Group Leading telecommunications Group with business in Romania, Spain, Hungary, and Italy 26% 61% Romania Spain & Italy 14% Hungary 6M June 2021 6M June 2021 6M June 2021 Revenue1: Revenue1: Revenue1: €426m €174m €97m Adj. EBITDA margin2: Adj. EBITDA Margin (Spain)2: Adj. EBITDA margin2: 42% 13% 13
Slide 4: Contents
Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Romania, H
Slide 5: At a glance: Sustained growth profile still ongoing
Group At a glance: Sustained growth profile still ongoing Group revenue Group adjusted EBITDA Group capex2 +8% 1,282 (€m) (€m), margin (%) • Fiber network: low maintenance capex and no large scale 1,186 IFRS 16 impact upgrades required1 ; in Spain fixed network to be developed 31% 31% 32% 32% 31% 30
Slide 6: At a glance: Sustained growth profile still ongoing
Group At a glance: Sustained growth profile still ongoing RGUs ARPU’s RGU1 (thousand) 19,303 +45% 1,754 Group total 13,273 7,054 +10% 1,639 +13% 5.3 5.4 5.7 5.7 5.7 +14% 4,469 +11% +8% 4,612 +18% 2017 2018 2019 2020 Q2 2021 2,751 +19% +10% 5,883 4,414 +4% +5% +12% +9% 2017 2018 2019 2020 Jun-21 Pay
Slide 7: …backed by a prudent capital structure
Group …backed by a prudent capital structure Group net debt1 to adjusted EBITDA2 Peer net debt to adj. EBITDA4 As of Q2 2021 reported numbers Ppst-IFRS 16 4.0x Pre-IFRS16 3.8x Median: 3.0x 3.0x 2.5x 2.8x 2.6x 2.6x 2.5x 1.8x 3 2018 2019 3 2020 Q2 21 3 Notes: 1. Net debt (excluding impact of IFRS 16)
Slide 8: Highlights Q2 2021
Highlights Q2 2021 Outstanding Growth Profile, continuing to deliver strong results REVENUES +14.4 % EUR 355 million group consolidated Revenues for Q2 2021 (+14.4% compared with previous period) RGU +15 % RGU YoY increase up to 19.3 million (+15% compared with previous period) Group EUR 108.5 milli
Slide 9: Contents
Group Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Roma
Slide 10: Leading commercial propositions for customers
Leading commercial propositions for customers Monthly price incl. VAT Digital TV L TV Start+Sport Global TV TV 180 channels, 48 HD 143 channels, 47 HD 158 TV channels 139 channels, 45 HD Limited Limited geographic geographic FIBERLINK 1000 Internet L availability Net 500 Home Net 1000 availability I
Slide 11: Contents
Group Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Roma
Slide 12: Market Leader in Romania
Market Leader in Romania Fiber network(1) Mobile(1) Internet Others 11% TV 1 14% 17% 12% 11% 12% 62% 14% 15% 64% 35% 35% Note: 1. Market shares are based on company and peers reported subscriber numbers and regulator data for market size as of Q2 2020. Source: Company data, ANCOM, Peer reporting
Slide 13: … and Leading Challenger in Hungary
… and Leading Challenger in Hungary Cable TV(1) Fixed internet and data(1) Fixed telephony(1) Others Others Others 16% 9% 17% 34% 40% 22% 49% 27% 22% 20% 23% 21% Note: 1. Market shares as of 30 June-2021. Source: NMHH
Slide 14: Strong sustained commercial success in Spain
Strong sustained commercial success in Spain RGUs Mobile Portability RGU (‘000) RGUs(‘000) 350.0 78 85 80 75 300.0 70 65 250.0 60 45 55 200.0 50 36 45 32 327 40 150.0 35 23 249 30 2 1 1 1 1 100.0 204 25 168 20 97.0 136 15 100 50.0 10 5 0.0 0 80 71.5 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 59.3 60 Fixed intern
Slide 15: Contents
Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Romania, H
Slide 16: Well invested fixed line network in Romania & Hungary
Well invested fixed line network in Romania & Hungary Modern, resilient fiber-based infrastructure in Romania Expanding fiber-footprint in Hungary • Very dense, nationwide network ~100% owned • Technologically advanced fixed fiber network1 • Nationwide last-mile 1Gbps connection with multiple • ~2.1
Slide 17: …and investment cycle in progress in Spain
…and investment cycle in progress in Spain Rolling out fiber-footprint in Spain • Launch of FTTH fixed broadband and fixed telephony in September 2018 • Indirect access on Telefonica FTTH GPON network based on the NEBA regulation
Slide 18: Mobile network in expansion
Mobile network in expansion Newly built own mobile network, coverage increasing in Romania Rolling out own mobile network in Hungary • ~5,900 base stations (approximately 99% of which are 4G) • Launched own mobile network in May 2019, with services in testing phase and • Dense fiber network ideal fo
Slide 19: Q&A
Q&A
Slide 20: Contact
Contact You can find us on: Web: www.digi-communications.ro Email: investor.relations@digi-communications.ro
Digi Communications — Investor Presentation (September 2021) on 6ix