Telekom Austria Ag (TKMAF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.470 -- 00:00:02.813 Thank you, operator, and good morning, everybody. 00:00:02.813 -- 00:00:07.759 Thanks for joining our call on our results for the first quarter 2025. 00:00:07.759 -- 00:00:09.759 I'm 00:00:09.782 -- 00:00:15.029 here with our CEO, Alejandro Plata, and our group 00:00:15.029 -- 00:00:20.295 CFO, Sonja Wallner. I'm afraid our deputy CEO, Thomas 00:00:20.295 -- 00:00:24.449 Arnoldner, is not able to join today spontaneously. 00:00:24.449 -- 00:00:29.680 But as usual, we will guide you through the presentation now and we are happy 00:00:29.680 -- 00:00:34.706 to take your questions afterwards. Thank you. 00:00:36.855 -- 00:00:42.427 Thank you and good morning everyone. Thank you very much for joining our 00:00:42.427 -- 00:00:47.477 first quarter call. As you can see in the 00:00:47.477 -- 00:00:52.502 first slide, summaries of this quarter was a pretty solid quarter, I 00:00:52.502 -- 00:00:58.005 would say, with total revenues going up 3.7%, 00:00:59.148 -- 00:01:03.432 driven by both service revenues and equipment revenues. 00:01:03.432 -- 00:01:06.875 Service revenues went up 3.5%, 00:01:06.875 -- 00:01:12.509 primarily coming from the Central Eastern European markets. 00:01:12.509 -- 00:01:15.892 with the principal development all over the place there. 00:01:15.892 -- 00:01:21.657 EBITDA excluding restructuring went up 8.1%, reported 00:01:21.657 -- 00:01:23.657 5.2%. 00:01:23.779 -- 00:01:29.503 We had a plan to do additional restructuring in Q1 00:01:29.505 -- 00:01:34.768 to accelerate or to anticipate, let's say, certain 00:01:34.950 -- 00:01:40.134 market dynamics in Austria where we wanted to manage our costs from 00:01:40.134 -- 00:01:44.640 the very beginning. We have anticipating 00:01:44.702 -- 00:01:50.628 or accelerati...