Global Telecom Holding S.a.e. · EGX:GTHE
Global Telecom Holding S.a.e — Q1 2018 Earnings Presentation
14 slides from Global Telecom Holding S.a.e's earnings presentation, May 14, 2018
Slide 1: Q1 2018 results and business update
Q1 2018 results and business update © Global Telecom Holding 2018 Amsterdam – 14 May 2018 Vincenzo Nesci Gerbrand Nijman Chief Executive Officer Chief Financial Officer 1
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy shares in GTH (the "Company"). Further, it does not constitute a recommendation by the Company or any other party to sell or buy shares in the Company or any
Slide 3: Q1 2018 financial highlights
Q1 2018 financial highlights © Global Telecom Holding 2018 3
Slide 4: Q1 2018 financial highlights
Q1 2018 financial highlights Total revenue Mobile customers (USD MILLION ) (MILLION) • Total revenue declined organically 2.2% YoY: 699 102.6 ► ► Performance in Algeria and Bangladesh Which was slightly offset by good © Global Telecom Holding 2018 revenue growth in Pakistan - 2.2% organic1 YoY + 3.5
Slide 5: Q1 2018 income statement
Q1 2018 income statement Reported USD millions 1Q18 1Q17 YoY Service revenue 667.5 720.1 (7.3%) -Of which mobile data revenue 127.2 95.4 33.2% Other revenue 32.0 32.3 (1.0%) Total operating Revenue 699.5 752.4 (7.0%) Total expenses (398.6) (420.1) (5.1%) EBITDA 300.9 332.3 (9.5%) Depreciation and am
Slide 6: Debt by entity
Debt by entity As at 31 March 2018 Weighted average Net debt / LTM EBITDA Gross debt / LTM EBITDA cost of debt 1.8x 2.1x 8.4% © Global Telecom Holding 2018 Total gross debt (USD million) Type of debt Entity Loans Bonds Total GTH Holding 234 - 234 GTH Finance BV - 1,200 1,200 Pakistan 742 35 777 Bang
Slide 7: Q1 2018 OpCo performance
© Global Telecom Holding 2018 7 Q1 2018 OpCo performance
Slide 8: Pakistan: continued data-driven revenue growth and further margin expansion
Pakistan: continued data-driven revenue growth and further margin expansion Total Revenue Mobile Customers (PKR BILLION) (MILLION) +5.7% YoY +5.0% YoY • Continued revenue YoY growth in Q1, 38.7 40.3 40.9 despite the competitive market conditions, 2.5 3.0 3.0 52.5 55.1 fuelled by strong data revenue
Slide 9: Algeria: challenging macro and competitive environment vs. sequential customer growth
Algeria: challenging macro and competitive environment vs. sequential customer growth Total Revenue Mobile Customers (DZD BILLION) (MILLION) -9.3% YoY -4.5% YoY • Continuing macroeconomic and regulatory 25.5 challenges 24.5 ► Economic slowdown and high inflation 23.1 0.2 16.1 continue, along with im
Slide 10: Bangladesh: continued competitive pressure impacting results, 4G/LTE successfully launched
Bangladesh: continued competitive pressure impacting results, 4G/LTE successfully launched Total Revenue Mobile Customers • Banglalink acquired additional spectrum in the (BDT BILLION) (MILLION) 1800 and 2100 MHz bandwidth and 4G/LTE -10.6% YoY +5.6% YoY license ► 4G/LTE launched in February, roll-o
Slide 11: Q&A
Q&A © Global Telecom Holding 2018 Vincenzo Nesci Gerbrand Nijman Chief Executive Officer Chief Financial Officer 11
Slide 12: Further information
Further information Investor Relations Noha Agaiby Cairo Registered Office Amsterdam Head Office 2005C Nile City Towers - North Tower Claude Debussylaan 92, © Global Telecom Holding 2018 Cornish El Nile Ramlet Beaulac 1082 MD Amsterdam, Cairo 11221, Egypt The Netherlands Tel: +202 2461 5120 Tel: +31
Slide 13: Appendix
© Global Telecom Holding 2018 13 Appendix
Slide 14: Foreign exchange rates to USD as applied to the financial statements
FOREIGN EXCHANGE RATES TO USD AS APPLIED TO THE FINANCIAL STATEMENTS Average rates Closing rates 1Q18 1Q17 YoY 1Q18 1Q17 YoY © Global Telecom Holding 2018 Egyptian Pound 17.67 17.83 -0.9% 17.65 18.18 -2.9% Pakistan Rupee 114.08 109.93 3.8% 114.14 110.07 3.7% Algerian Dinar 111.41 104.79 6.3% 115.71
Global Telecom Holding S.a.e. — Q1 2018 Earnings Presentation on 6ix