Digi Communications NV · BVB:DIGI
Digi Communications NV — FY2018 Earnings Presentation
13 slides from Digi Communications NV's earnings presentation, Feb 15, 2019
Slide 1: Digi Communications N.V. Preliminary results year ended December 31, 2018
DIGI COMMUNICATIONS N.V. (“the Company” or “DIGI”) Investor presentation Preliminary results of the year ended December 31, 2018 February 15, 2019
Slide 2: Disclaimer
p. 2 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
Slide 3: Group overview
Group overview 2018 Preliminary Results Mil € Year ended Year ended Dec 31, 2017 Dec 31, 2018 Revenues2 € 916.6 m € 1,038.1 m EBITDA € 287.5 m € 324.6 m Adj EBITDA margin¹ 31.4% 31.3% Net Financial Debt € 763.8 m € 906.4 m Source: Company data 1 Adj EBITDA margin defined as Adj EBITDA / Revenues; ²
Slide 4: Group overview
Group overview Romania Hungary1 Spain & Other2 Total Service offering / RGUs December 31, 2018A (‘000s) CATV 3,305 689 ‐ 3,994 Fixed internet and data 2,528 747 8 3,283 Mobile telecommunication services 3,406 15 1,538 4,959 Fixed‐line telephony 1,188 694 3 1,885 DTH 529 276 ‐ 805 Total RGUs Source:
Slide 5: Recent developments
Recent developments Share conversion: On January 14, 2019 we convert 1.2 million Class A shares that were held as treasury shares, into an equal number of Class B shares. On January 15, 2019, the Bucharest Tribunal issued its judgment in relation to the investigation conducted by DNA. The decisi
Slide 6: Financial highlights
Financial highlights Results from continuing operations 1 Key considerations Revenue growth was reported by all Eur. m 2 geographical segments: mainly as a Revenues Adj. EBITDA CAPEX 1,200.0 result of Invitel’s acquisition and organic 1,038.1 growth in all geographies. 1,000.0 916.6 Adj EBITDA1
Slide 7: Highlights Romania
Highlights Romania Subscribers Key considerations RGUs Period Ended Net Additions Steady growth in Cable TV and Internet Thousand RGUs December 31, subscribers Last 12 Last 3 2017 2018 months months Cable TV 3,030 3,305 275 71 Increase YoY in mobile telephony RGUs Fixed internet and data 2,284 2
Slide 8: Highlights Hungary
Highlights Hungary Subscribers Key considerations RGUs Period Ended Thousand RGUs Net Additions December 31, Increase in Cable TV, Internet and Fixed 2017 2018 Last 12 Last 3 Telephony subscribers as a result of Invitel’s months months acquisition Cable TV 500 689 189 4 Fixed internet and data 467
Slide 9: Highlights Other Territories
Highlights Other Territories Subscribers & ARPU RGUs Period Ended Net Additions Thousand RGUs December 31, Last 12 Last 3 2017 2018 months months Spain Mobile telecommunications services 896 1,343 447 130 Fixed internet and data - 8 8 8 Fixed-line telephony - 3 3 3 Italy Mobile telecommunications se
Slide 10: Group Financial Profile (1/2)
Group Financial Profile (1/2) Financial liabilities as of Maturity profile Long term loans & Notes December 31, 20181 (Mil €)2 Before 2019 Notes PRELIMINARY Amount 420 Facility (Mil €) 2016 Senior Secured Notes 350.0 170 2016 Senior Facility 296.1 114 83 2018 Senior Facility 175.3 44 Financial lease
Slide 11: Group Financial Profile (2/2)
Group Financial Profile (2/2) 920 Key considerations 773 14 780 15 16 Total preliminary net debt1 as of December 31, 906 2018 is €906.4 million 758 764 Preliminary Net Leverage2 is 2.8x and Preliminary Gross Leverage is 2.8x. 2016 2017 2018 Net Debt Cash 3.8x 3.5x 3.3x 3.0x 3.0x 2.8x 2.7x 2.8x 2.
Slide 12: Contact
Contact You can find us on: Web: www.digi-communications.ro Email: ipo.relations@digi-communications.ro 12 DIGI
Slide 13: Q&A
Q&A 13 DIGI