Dialog Axiata Plc · CSELK:DIAL.N0000
Dialog Axiata — Q1 2018 Earnings Presentation
14 slides from Dialog Axiata's earnings presentation, 2018
Slide 1: Dialog Axiata PLC – Q1 2018
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q1 2018 an axiata company
Slide 2: Dialog Group Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance divi/doc title/ author initials -dd-mm-yy company confidential 2
Slide 3: Dialog Group Performance Highlights – Q1 2018
Dialog Group Performance Highlights – Q1 2018 Dialog Posts 5% Revenue Growth and 9% EBITDA Growth QoQ while PAT Contracted 10% All Key Financial Indicators Improved QoQ and Focused Capex All Business Segments Aggressive Subscriber YoY Post Normalisation for SLFRS 15 Impact Investments to Delivered a
Slide 4: Group Financial Summary
Group Financial Summary Rs Mn Q1 18 QoQ YoY Revenue 26,083 5% 18% EBITDA 9,959 9% 38% PAT 2,842 -10% 84% EBITDA Margin 38.2% 1.4pp 5.6pp PAT Margin 10.9% -1.9pp 3.9pp ROIC 16.1% 0.7pp 4.3pp Normalised Performance1 Revenue 25,974 5% 17% EBITDA 9,538 5% 32% PAT 2 3,187 3% 76% All key financial indicat
Slide 5: Group Revenue Continued its Growth Trajectory, Recording a Growth of 5% QoQ and 18% YoY
Group Revenue Continued its Growth Trajectory, Recording a Growth of 5% QoQ and 18% YoY Growth Across Key Business Segments Driving Revenue Performance +18% | Norm1 +17% +5% | Norm1 +5% 35,000 26,083 109 24,801 30,000 25,000 22,165 20,000 15,000 10,000 25,974 5,000 0 Q1 18 Q4 17 Q1 17 Revenue SLFRS
Slide 6: Growth in Group EBITDA Delivered via Revenue Growth and Cost Management; QoQ Group PAT Impacted by Higher Forex Loss
Growth in Group EBITDA Delivered via Revenue Growth and Cost Management; QoQ Group PAT Impacted by Higher Forex Loss Strong EBITDA Growth QoQ and YoY with Q1 QoQ PAT Growth Impacted by Higher Forex Loss; EBITDA Margin (Norm1) of 36.6% PAT (Norm)2 Grew by 3% QoQ and 76% YoY (Rs Mn) +38% | Norm1 +32%
Slide 7: Focused Capex Investments to Support Rapid Growth in Data
Focused Capex Investments to Support Rapid Growth in Data Capex Intensity at 9% Capex Investments Directed Towards Expanding Data Network; Positive OFCF for Q1 2018 Driven by Strong Operating Mobile 4G and Fixed LTE PoP Coverage Reached 48% and 55% Performance and Focused Capex -40% >+100% (Rs Mn) -
Slide 8: Group’s Net Debt to EBITDA Remained Healthy Below 1.0x
Group’s Net Debt to EBITDA Remained Healthy Below 1.0x (Rs Mn) 31 Mar 18 31 Dec 17 31 Mar 17 Gross Debt 33,673 33,470 33,041 Net Debt 30,615 28,185 28,919 Cash and Cash Equivalents 3,058 5,285 4,123 Gross Debt / Equity (x) 0.50 0.54 0.59 Gross Debt/ EBITDA (x) 0.85 0.99 1.14 Net Debt/ EBITDA (x) 0.7
Slide 9: Dialog Axiata PLC - Company Performance
Dialog Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance 9
Slide 10: Dialog Axiata PLC (Company) Performance
Dialog Axiata PLC (Company) Dialog Continues to Capture Market Share; Subscriber Growth Driven by Prepaid Segment; Stable ARPUs QoQ with Moderate Growth in Data Growth in Data Driving Revenue Increase Mobile MOU and ARPUs Remains Stable QoQ (Rs Mn) +13%|Norm1 +13% +2%|Norm1 +3% 450 10% 400 375 383 3
Slide 11: Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 11
Slide 12: Dialog Television
Dialog Television Revenue Growth and Cost Optimisation Driving Strong YoY EBITDA Performance; QoQ PAT Impacted by Forex Loss Growth in Subscription and Advertising Subscriber Growth led by Prepaid and Postpaid Revenue Driving TV Revenue with Improved Churn Management Drives Total subs growth +3% QoQ
Slide 13: Dialog Broadband Networks – Fixed Business
Dialog Broadband Networks – Fixed Business Revenue Growth Driven by Home Broadband (HBB) on the back of Network Coverage Expansion and Aggressive Market Capture Strong Growth in Revenue QoQ and YoY Driven by EBITDA Improvement Driven by Strong Revenue Home BB Revenue Performance +26% (Rs Mn) +12% +1
Slide 14: Thank You
Dialog Thank You