Slide 1: Dialog Axiata PLC – Sri Lanka's Premier Connectivity Provider Q1 2019
Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider Q1 2019 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 2
Slide 3: Dialog Group Performance Highlights – Q1 2019
Dialog Group Performance Highlights – Q1 2019 All Key Financial Indicators Improved QoQ and YoY; Capex Investments Directed All Business Segments Aggressive Subscriber Achieved Revenue Growth of 11% and EBITDA to Fulfil Burgeoning Delivered Strong Growth Growth of 17% YoY. Forex Norm. PAT up 11% YoY
Slide 4: Group Financial Summary
Group Financial Summary Rs Mn Q1 19 QoQ YoY Revenue 28,994 2% 11% EBITDA 12,049 5% 17% PAT 4,879 >+100% 72% EBITDA Margin 41.6% 1.3pp 2.1pp PAT Margin 16.8% 16.5pp 5.9pp ROIC 15.2% 0.4pp -1.0pp Normalised Performance Revenue 28,994 2% 11% EBITDA1 11,410 -1% 11% PAT 2 3,555 54% 11% 1 2 3 Challenging
Slide 5: Group Revenue Continued its Growth Trajectory, Growth of 11% YoY
Group Revenue Continued its Growth Trajectory, Recording a Growth of 11% YoY albeit Moderating to 2% QoQ; Challenges on Core Revenue from Price Competition Key Business Segments Driving Revenue Growth Performance +11% +2% 30,000 28,516 28,994 29,000 28,000 27,000 26,083 26,000 25,000 24,000 23,000 2
Slide 6: Growth in Group EBITDA Delivered via Revenue Growth and Cost Management
Growth in Group EBITDA Delivered via Revenue Growth and Cost Management; Q1 19 PAT Improves over 2x against Norm. PAT in Q4 18 Strong EBITDA Growth QoQ and YoY; Normalised Forex Normalised YoY PAT up 11%; Q1 19 PAT up EBITDA Margin of 39.4% over 2x against Norm. PAT in Q4 18 +17% | Norm +11% +72% |
Slide 7: Focused Capex Investments to Support Rapid Growth in Data
Focused Capex Investments to Support Rapid Growth in Data Capex Intensity at 9% for Q1 2019 Capex Investments Directed Towards Expanding Data Network; Mobile 4G and Fixed LTE PoP Coverage Reached 91% and 68% +10% (Rs Mn) -79% 12,315 12,0 00 10,0 00 8,00 0 6,00 0 4,00 0 2,385 2,613 Capex 43% 2,00 0 I
Slide 8: Group's Net Debt to EBITDA Remained Healthy at 0.82x
Group’s Net Debt to EBITDA Remained Healthy at 0.82x (Rs Mn) 31 Mar 19 31 Dec 18 31 Mar 18 Gross Debt 44,542 46,391 33,684 Net Debt 39,383 39,681 30,626 Cash and Cash Equivalents 5,159 6,710 3,058 Gross Debt / Equity (x) 0.62 0.69 0.50 Gross Debt/ EBITDA (x) 0.92 1.07 0.82 Net Debt/ EBITDA (x) 0.82
Slide 9: Dialog Axiata PLC - Company Performance
Dialog Group Performance Dialog Axiata PLC - Company Performance Subsidiary Performance 109
Slide 10: Dialog Axiata PLC (Company): Continues to Capture Market Share
Dialog Axiata PLC (Company) Dialog Continues to Capture Market Share amid Aggressive Competition Revenue Growth YoY Driven by Strong Performance in Mobile MOU Improved whilst ARPU declined 4% Data owing to Drop in Data ARPU (Rs Mn) +1% (Rs) 500 -3% 450 390 400 411 408 391 9% 400 7% 350 20,632 21,353
Slide 11: Subsidiary Performance
Dialog Group Performance Dialog Axiata Company Performance Subsidiary Performance 11 12
Slide 12: Dialog Television
Dialog Television Subscription Fee Driven Revenue Growth Improving QoQ Profitability; YoY Performance Impacted by Higher Content Cost Growth in Subscription Revenue Driving Overall Subscriber Growth led by Prepaid and Postpaid Revenue Performance with Improved Churn Management Drives Total subs grow
Slide 13: Dialog Broadband Networks – Fixed Business
Dialog Broadband Networks – Fixed Business Fixed Revenue Growth Driven by Home Broadband (HBB) on the back of Network Coverage Expansion and Aggressive Market Capture Strong Revenue Growth Supported by Int. Business; Fixed Revenue up 9% YoY and 4% QoQ Driven by Home BB, up 19% YoY and 5% QoQ; +83% |
Slide 14: Thank You
Dialog Thank You Ls wh