Vodafone Qatar Qsc · QSE:VFQS

Vodafone Qatar Qsc — Vodafone Qatar P.Q.S.C. — 9M 2019 Earnings Presentation

18 slides from Vodafone Qatar Qsc's earnings presentation, Oct 29, 2019

  1. Slide 1: Financial results: Nine months ended 30 September 2019

    Vodafone Qatar P.Q.S.C. Financial results: Nine months ended 30 September 2019 29 October 2019

  2. Slide 2: Disclaimer

    Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. • This presentation con

  3. Slide 3: Quarterly highlights

    Quarterly highlights Hamad Al Thani Chief Executive Officer

  4. Slide 4: Executive Summary | Quarterly Highlights

    Executive Summary | Quarterly Highlights GigaHome - Growing Profitable Infrastructure Penetrating the Despite Growth Investment Residential Competitive Continues Accelerated Segment Environment Seven Quarters Fiber Footprint Growth 5G Ahead of Plan +1.5% Consecutive YoY quarterly Continued expansion

  5. Slide 5: Financial review

    Financial review Brett Goschen Chief Financial Officer

  6. Slide 6: FY 2019 Q3 | Key points to note and highlights

    FY 2019 Q3 | Key points to note and highlights Items impacting YoY Strong Financial Steady growth comparisons Performance in net profit • Change to Prepaid subscriber • FY19 Q3 service revenue grows • 44% YoY growth in YTD net profits definition to align to ITU resulting 3.3% YoY driven by 24% postp

  7. Slide 7: Quarterly Financial Performance (Year on Year) (QR m)

    Quarterly Financial Performance (Year on Year) (QR m) FY19 Q3 v FY18 Q3 Total revenue Expenses EBITDA Net profit +1.5% Flat +29m +14% 484 491 342 342 171 30 23 15 22 22 27 142 +4.7% (+7m) 172 148 461 476 149 170 172 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 Q3 Equipment revenue Se

  8. Slide 8: Service Revenue (QR m)

    Service Revenue (QR m) FY19 Q3 v FY18 Q3 Postpaid Revenue Prepaid Revenue Total Service Revenue +24.5% -25.9% 3.3% 202 203 494 259 482 474 476 253 180 461 171 236 150 225 208 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 Servi

  9. Slide 9: Total Revenue & ARPU

    Total Revenue & ARPU FY19 Q3 v FY18 Q3 Total Revenue (QR m) ARPU (QR) -3 +1.5% 103 105 103 104 566 100 17 18 19 18 535 527 491 484 88 84 85 82 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 Total 20.1% 22.8% 22.6% 22.4% n/a ARPU Subscribers defintion change impact RM

  10. Slide 10: EBITDA & Underlying EBITDA margin

    EBITDA & Underlying EBITDA margin FY19 Q3 v FY18 Q3 EBITDA (QR m) EBITDA margin % +20.5% 34.8% 181 177 33.8% 171 33.6% 159 22 22 22 142 +4.7% 31.2% 31.3% 31.4% 30.4% 159 29.1% 155 149 29.3% 28.0% FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 Underlying EBITDA IFRS 1

  11. Slide 11: CAPEX (QR m)

    CAPEX (QR m) FY19 Q3 v FY18 Q3 Total CAPEX Quarterly CAPEX Mix Capabilities & IT Capacity run and +98m Transformation 270 maintenance 22 27 213 141 Coverage & 115 capacity expansion 42 and others FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 CAPEX 23.7% 47.8% 7.9% 26.8% 43.4% Intensity 165 CAPEX investmen

  12. Slide 12: Nine months ended: Financial performance (Year on Year) (QR m)

    Nine months ended: Financial performance (Year on Year) (QR m) YTD FY19 v YTD FY18 Total revenue Expenses EBITDA Net profit 1.2% -1.7% +24.3% +33m 1,535 1,553 1,109 1,091 529 108 113 110 66 66 425 +8.7% 539 (+37m) 75 459 1,421 1,443 462 570 565 FY18 9M FY19 9M FY18 9M FY19 9M FY18 9M FY19 9M FY18 9M

  13. Slide 13: Statement of income

    Statement of income For nine months ended 30 September 2019 Nine months ended Commentary YoY: QR m 30 Sep 19 30 Sep 18 YoY • Revenue QR 18m higher as a result of postpaid and Revenue 1,553 1,535 18 broadband subscriber growth offset by impact of a slowing Interconnection and other direct expenses (5

  14. Slide 14: Statement of Financial Position

    Statement of Financial Position As at 30 September 2019 QR m Sep-19 Dec-18 Var Assets Property, plant and equipment 1,342 1,292 49 • Property, plant and equipment QR 49m higher driven by CAPEX QR 219m Intangible assets 4,475 4,428 47 (5G deployment and Fixed investments) offset by depreciation QR 17

  15. Slide 15: Questions ?

    Questions ?

  16. Slide 16: Appendix

    Appendix

  17. Slide 17: Mobile Customers ('000s)

    Mobile Customers (‘000s) FY19 Q3 v FY18 Q3 Total Mobile Customers 24.7% 1,743 1,763 1,720 1,721 294 322 287 303 1,380 +3.9% 1,417 1,449 1,441 1,435 FY18 Q3 FY18 Q4 FY19 Q1 FY19 Q2 FY19 Q3 Subscribers - 30 days Customer definition change impact 17

  18. Slide 18: Thank You

    Thank You The Future Is Exciting For more information visit our website: www.vodafone.qa/en/investor-relations Or email us: InvestorRelationsQatar@vodafone.com

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