Telekom Austria AgVIE: TKA

Financial Year 2026 H1 Fact Sheet

· Issued by Telekom Austria Ag
Watch Telekom Austria explain itTelekom Austria Ag (TKMAF) Q4 2025 Earnings Call · Replay · Feb 10
Content
A1 Group Q2/2026
Fact Sheet
Page
Content No.
Information 2
CURRENT RESULTS 2
Condensed Consolidated Statement of Comprehensive Income 3
Condensed Consolidated Statement of Financial Position 4
Condensed Consolidated Statement of Cash Flows 5
Underlying Performance 6
Consensus versus Actuals 7
Group KPIs 8
RESULTS - HISTORY 9
Profit & Loss - History 10
Balance Sheet - History 11
Cash Flow - History 12
Main Financial KPIs - History 13
Workforce Development 14
SEGMENT INFORMATION 15
Operating Results by Segment 16
CAPEX by segment 17
Customer KPIs by Segment 18
Final remarks 19
Rounding differences can lead to minor deviations from published figures.
All figures in the analyst fact sheet are provided on a reported basis, except for 'international'.
International' comprises the segments Bulgaria, Croatia, Belarus, Slovenia, Serbia and North Macedonia and since Q1 2025 also includes A1 Digital (A1 Group figures and figures for Austria remained unchanged) in this view. Numbers for 'international' are provided on a proforma basis for 2024 to provide comparability. Reported figures until Q4 2024 are also provided. Please see tab 'Operating Results by Segment_h'.
Notes:
n.m. - not meaningful, used for changes >300% and for percentage changes which are not meaningful
n.a. - not applicable
n.a.

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

CURRENT RESULTS
Current Results
July 2026

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

P&L
Condensed Consolidated Statement of Comprehensive Income
Q2 2026 Q2 2025 H1 2026 H1 2025
in EUR million, except per share information
Service revenues 1,185 1,145 2,328 2,253
Equipment revenues 221 201 424 389
Other operating income 23 25 43 43
Total revenues (incl. other operating income) 1,429 1,370 2,795 2,685
Cost of service -379 -363 -756 -717
Cost of equipment -226 -198 -430 -391
Selling, general & administrative expenses -275 -283 -559 -572
Other expenses -5 -4 -7 -6
Total cost and expenses -885 -849 -1,751 -1,685
Earnings before interest, tax, depreciation and amortization (EBITDA) 544 521 1,044 999
Depreciation and amortization -212 -216 -424 -422
Depreciation of right-of-use assets -93 -89 -183 -177
Impairment 0 0 0 0
Operating income (EBIT) 239 217 436 401
Interest income 10 9 19 16
Interest expense -22 -26 -44 -50
Interest on employee benefits and restructuring and other financial items, net -4 -5 -6 -9
Foreign currency exchange differences, net -1 2 -1 2
Equity interest in net income of­ associated companies 0 1 1 1
Earnings before income tax (EBT) 224 197 406 361
Income tax -48 -46 -87 -84
Net result 176 151 319 277
thereof attributable to equity holders of the parent 176 151 319 276
thereof attributable to non-controlling interests 0 0 0 0
Earnings per share attributable to equity holders of the parent (in EUR) 0.26 0.23 0.48 0.42
Weighted-average number of ordinary shares outstanding 664,084,841 664,084,841 664,084,841 664,084,841
Effect of translation of foreign entities 10 -11 13 10
Realized result on hedging activities, net of tax 0 0 0 0
Unrealized result on debt instruments at fair value, net of tax 0 0 -1 0
Items that may be reclassified to profit or loss 11 -10 12 11
Remeasurement of defined benefit obligations, net of tax -0 -1 -0 -2
Items that will not be reclassified to profit or loss: -0 -1 -0 -2
Total other comprehensive income (loss) 10 -11 12 9
Total comprehensive income (loss) 186 140 331 286
thereof attributable to equity holders of the parent 186 140 331 286
thereof attributable to non-controlling interests 0 0 0 0

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

BS
Condensed Consolidated Statement of Financial Position
Jun 30, 2026 Dec 31, 2025
in EUR million audited
ASSETS
Cash and cash equivalents 710 362
Short-term investments 388 398
Accounts receivable: Subscribers, distributors and other, net 1,102 1,021
Receivables due from related parties 30 11
Inventories, net 165 119
Income tax receivable 0 2
Other current assets, net 317 276
Contract assets 87 93
Current assets 2,799 2,283
Property, plant and equipment, net 3,239 3,213
Right-of-use assets, net 1,724 1,820
Intangibles, net 1,435 1,509
Goodwill 1,098 1,092
Investments in associated companies 5 3
Long-term investments 211 215
Deferred income tax assets 65 62
Other non-current assets, net 34 31
Non-current assets 7,811 7,945
TOTAL ASSETS 10,610 10,228
LIABILITIES
Short-term debt 757 754
Lease liabilities short-term 365 342
Accounts payable 1,136 1,023
Accrued liabilities and current provisions 253 274
Income tax payable 103 73
Payables due to related parties 291 46
Contract liabilities 257 255
Current liabilities 3,161 2,766
Long-term debt 38 - 0
Lease liabilities long-term 1,419 1,513
Deferred income tax liabilities 62 66
Other non-current liabilities 10 10
Asset retirement obligation and restructuring 360 366
Employee benefits 154 155
Non-current liabilities 2,044 2,109
STOCKHOLDERS' EQUITY
Common stock 1,449 1,449
Treasury shares -8 -8
Additional paid-in capital 1,100 1,100
Retained earnings 3,592 3,552
Other comprehensive income (loss) items -731 -743
Equity attributable to equity holders of the parent 5,403 5,351
Non-controlling interests 3 3
TOTAL STOCKHOLDERS' EQUITY 5,405 5,353
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 10,610 10,228

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

CF
Condensed Consolidated Statement of Cash Flows
Q2 2026 Q2 2025 H1 2026 H1 2025
in EUR million
Earnings before income tax 224 197 406 361
Depreciation 142 141 283 278
Amortization of intangible assets 71 75 141 144
Depreciation of right-of-use assets 93 89 183 177
Impairment/Reversal of impairment PPE 0 0 0 0
Result from investments in associated companies -0 -1 -1 -1
Result on sale/measurement of investments -0 1 -2 0
Result on sale of property, plant and equipment 0 -1 1 -0
Net period cost of labor obligations and restructuring 22 22 61 62
Foreign currency exchange differences, net 1 -2 1 -2
Interest income -10 -9 -19 -16
Interest expense 22 27 45 52
Other adjustments -0 -1 -1 -1
Non-cash and other reconciliation items 339 341 692 693
Accounts receivable: Subscribers, distributors and other, net -72 -2 -77 12
Prepaid expenses 2 8 -3 4
Due from related parties -1 -0 -0 0
Inventories -21 8 -45 -34
Other assets -4 -23 -21 -25
Contract assets 5 -8 7 -6
Accounts payable and accrued liabilities 31 31 95 25
Due to related parties -3 -0 -4 -0
Contract liabilities -4 -10 2 9
Working capital changes -67 2 -47 -15
Employee benefits and restructuring paid -31 -39 -62 -74
Interest received 16 7 24 15
Income taxes paid -42 -33 -61 -50
Net cash flow from operating activities 438 476 953 930
Capital expenditures paid -261 -200 -448 -410
Proceeds from sale of plant, property and equipment 1 2 2 4
Purchase of investments -91 -329 -202 -364
Proceeds from sale of investments 91 47 218 79
Acquisition of businesses, net of cash acquired -5 -4 -5 -8
Investments in associated companies 0 0 0 0
Net cash flow from investing activities -265 -485 -435 -699
Proceeds from issuance of long-term debt 45 0 45 0
Repayments of long-term debt 0 0 0 0
Interest paid -18 -22 -36 -43
Financing with related parties 0 0 0 0
Repayments of short-term debt 0 0 -4 0
Issuance of short-term debt -6 230 0 230
Dividends paid -0 -266 -0 -266
Acquisition of non-controlling interests 0 0 0 0
Deferred consideration paid for business combinations 0 0 0 0
Lease principal paid -87 -81 -177 -165
Net cash flow from financing activities -66 -139 -173 -244
Adjustment to cash flows due to exchange rate fluctuations, net 2 -2 3 1
Cash and cash equivalents beginning of period 600 505 362 367
Net change in cash and cash equivalents 110 -150 348 -12
Cash and cash equivalents end of period 710 355 710 355

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

Underlying Performance
Underlying performance in Q2 2026
in EUR million Q2 2026 Q2 2025 H1 2026 H1 2025
Total revenues 1,429 1,370 4.2% 2,795 2,685 4.1%
Group EBITDA 544 521 4.3% 1,044 999 4.4%
Restructuring 18 18 3.0% 54 53 1.0%
EBITDA adjusted for restructuring 562 539 4.3% 1,098 1,053 4.2%
*one-off, restructuring and FX effects: A positive value in the table means a negative impact and vice versa
There were no one-off effects recorded in H1 2026 and H1 2025 Positive FX effects of EUR 7 mn in total revenues and EUR 3 mn in EBITDA in Q2 2026. (EUR 10 mn and EUR 4 mn in H1 2026).

A1 Group &KEF4E23&P

Consensus
Consensus versus Actuals
2026 Consensus range
in EUR million Consensus min max
Total revenues 5,716 5,691 - 5,725
thereof Austria 2,699 2,663 - 2,745
thereof International 3,063 2,965 - 3,114
EBITDA before restructuring 2,208 2,192 - 2,220
thereof Austria 1,068 1,045 - 1,088
thereof International 1,158 1,116 - 1,189
Operating income 886 851 - 922
Net result 622 582 - 651
Capex ex. spectrum 753 750 - 764
Q2 2026 Consensus range
in EUR million Actuals Consensus min max
Total revenues 1,429 1,411 1.2% 1,401 - 1,428
thereof Austria 678 672 0.8% 668 - 678
thereof International 765 750 2.1% 726 771
EBITDA before restructuring 562 567 -0.8% 557 - 583
thereof Austria 272 266 2.2% 260 - 276
thereof International 297 301 -1.3% 294 311
Operating income 239 230 3.9% 221 - 235
Net result 176 168 4.8% 158 - 174
Capex ex. spectrum 199 n.m. n.m. n.m. - n.m.

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

current GroupKPIs
CO
Group KPIs
Financial KPIs (in EUR million) Q2 2026 Q2 2025 H1 2026 H1 2025
Capital expenditures 210 166 26.8% 374 387 -3.6%
Tangible 176 145 21.5% 311 326 -4.6%
Intangible 34 21 63.6% 62 61 2.0%
Free cash flow 100 179 -44.3% 335 333 0.7%
Jun 30, 2026 Dec 31 2025
Net Debt (excl. lease) -254.2 74 n.m.
Net debt (excl. leases) / EBITDA after leases (12 M) -0.2x 0.0x n.m.
Customer indicators (in '000) H1 2026 H1 2025
Mobile subscribers 32,122 28,306 13.5%
Postpaid 28,628 24,701 15.9%
Prepaid 3,494 3,605 -3.1%
RGUs 6,540 6,395 2.3%
Q2 2026 Q2 2025 H1 2026 H1 2025
93 ARPU (in EUR) 6.9 7.6 -9.2% 6.9 7.6 -8.6%
Mobile churn 0.9% 1.0% -0.1pp 0.9% 1.1% -0.2pp
Workforce H1 2026 H1 2025
Employees (full-time equivalent) 16,616 16,825 -1.2%
Net debt definition changed in Q2 2025 and since then includes both short-term and long-term marketable investments.
483

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

RESULTS HISTORY
Results - History
July 2026

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

P&L_h_reported
Profit & Loss - History
in EUR million
Consolidated P&L Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Service Revenues 955.7 976.4 1,932.1 1,012.9 2,945.1 1,011.5 3,956.5 988.2 1,025.7 2,013.9 1,068.6 3,082.5 1,081.3 4,163.8 1,038.4 1,081.8 2,120.2 1,116.5 3,236.7 1,111.1 4,347.8 1,070.7 1,124.2 2,194.9 1,151.5 3,346.4 1,155.2 4,501.6 1,107.8 1,145.0 2,252.8 1,159.7 3,412.5 1,175.3 4,587.8 1,142.9 1,184.9 2,327.8
thereof retail revenues 786.3 813.9 1,600.3 831.2 2,431.5 823.5 3,255.0 812.5 856.0 1,668.5 863.7 2,532.2 855.2 3,387.4 843.1 859.9 1,703.0 864.3 2,567.3 857.3 3,424.6 849.8 873.3 1,723.1
thereof solutions & connectivity 167.0 178.6 345.6 185.3 530.9 196.1 726.9 181.2 187.0 368.2 192.9 561.1 214.8 775.9 190.1 201.8 391.9 202.6 594.5 235.8 830.4 215.5 221.3 436.8
Equipment Revenues 162.1 166.8 328.9 172.9 501.7 207.7 709.5 155.3 161.6 316.9 200.3 517.2 235.0 752.2 194.9 194.3 389.2 188.7 577.9 233.5 811.5 175.7 168.2 343.9 180.3 524.3 289.1 813.4 188.0 200.6 388.6 213.5 602.1 284.4 886.5 202.9 220.8 423.6
Other operating income 17.8 22.6 40.3 19.4 59.7 22.7 82.4 23.0 21.1 44.1 23.2 67.3 21.7 89.0 24.3 22.8 47.1 20.7 67.8 24.4 92.2 20.5 23.5 44.1 22.0 66.1 31.5 97.6 18.7 24.7 43.4 27.5 70.9 32.2 103.1 20.4 22.9 43.3
Total Revenues 1,135.5 1,165.8 2,301.3 1,205.2 3,506.5 1,241.8 4,748.3 1,166.4 1,208.4 2,374.9 1,292.1 3,667.0 1,338.0 5,005.0 1,257.6 1,298.9 2,556.6 1,325.9 3,882.4 1,369.0 5,251.5 1,266.9 1,316.0 2,582.9 1,353.9 3,936.8 1,475.9 5,412.7 1,314.4 1,370.3 2,684.8 1,400.7 4,085.4 1,492.0 5,577.4 1,366.2 1,428.6 2,794.7
Cost of Service -323.6 -329.2 -652.8 -335.2 -988.0 -355.2 -1,343.1 -338.1 -347.5 -685.6 -357.1 -1,042.7 -371.1 -1,413.8 -355.7 -362.7 -718.5 -405.5 -1,124.0 -349.6 -1,473.6 -366.3 -360.0 -726.3 -373.6 -1,099.8 -387.4 -1,487.3 -353.6 -363.5 -717.1 -361.3 -1,078.4 -380.1 -1,458.6 -377.1 -379.2 -756.3
Cost of Equipment -164.2 -162.8 -327.0 -167.7 -494.8 -203.3 -698.1 -147.7 -156.1 -303.7 -192.6 -496.4 -234.4 -730.8 -194.4 -185.7 -380.1 -183.2 -563.4 -226.3 -789.7 -174.9 -162.5 -337.4 -178.3 -515.7 -291.1 -806.8 -192.7 -197.9 -390.6 -211.9 -602.5 -285.0 -887.4 -203.6 -225.9 -429.5
Selling, General & Administrative Expenses -246.7 -243.5 -490.2 -220.3 -710.5 -277.6 -988.2 -246.9 -245.8 -492.7 -223.2 -715.9 -294.6 -1,010.6 -269.9 -261.2 -531.1 -212.8 -743.8 -302.1 -1,046.0 -269.4 -264.3 -533.7 -250.2 -783.9 -303.8 -1,087.7 -288.8 -283.3 -572.1 -259.4 -831.5 -302.9 -1,134.4 -284.1 -274.6 -558.7
Others -2.7 -2.5 -5.2 -1.8 -7.0 -5.9 -12.8 -2.2 -2.1 -4.3 -1.7 -6.0 -6.0 -12.0 -1.6 -3.5 -5.1 -3.4 -8.5 -9.7 -18.1 -2.0 -24.9 -26.9 -4.2 -31.1 21.7 -9.5 -1.5 -4.3 -5.7 -5.2 -10.9 -23.7 -34.6 -1.7 -5.0 -6.7
Total Costs and Expenses -737.2 -738.1 -1,475.3 -725.0 -2,200.2 -842.0 -3,042.2 -734.8 -751.5 -1,486.3 -774.7 -2,261.0 -906.1 -3,167.1 -821.6 -813.1 -1,634.8 -804.9 -2,439.7 -887.7 -3,327.5 -812.6 -811.7 -1,624.3 -806.3 -2,430.6 -960.6 -3,391.3 -836.5 -848.9 -1,685.4 -837.8 -2,523.3 -991.7 -3,515.0 -866.5 -884.7 -1,751.2
EBITDA 398.3 427.7 826.0 480.2 1,306.3 399.9 1,706.1 431.6 456.9 888.5 517.5 1,406.0 431.9 1,837.9 436.0 485.8 921.8 520.9 1,442.7 481.3 1,924.0 454.4 504.3 958.6 547.5 1,506.2 515.2 2,021.4 477.9 521.4 999.3 562.9 1,562.2 500.3 2,062.4 499.7 543.8 1,043.5
EBITDA margin 35.1% 36.7% 35.9% 39.8% 37.3% 32.2% 35.9% 37.0% 37.8% 37.4% 40.0% 38.3% 32.3% 36.7% 34.7% 37.4% 36.1% 39.3% 37.2% 35.2% 36.6% 35.9% 38.3% 37.1% 40.4% 38.3% 34.9% 37.3% 36.4% 38.0% 37.2% 40.2% 38.2% 33.5% 37.0% 36.6% 38.1% 37.3%
Depreciation and Amortisation -194.7 -199.6 -394.3 -195.6 -589.9 -199.6 -789.5 -195.8 -195.8 -391.6 -202.3 -593.9 -200.7 -794.6 -198.7 -198.3 -396.9 -199.2 -596.2 -199.5 -795.7 -195.9 -202.2 -398.1 -207.3 -605.4 -219.8 -825.2 -206.5 -215.5 -422.0 -207.9 -629.9 -223.7 -853.6 -211.8 -212.2 -424.0
Depreciation and Amortisation Rights of Use assets -40.3 -40.7 -81.0 -40.8 -121.8 -41.4 -163.2 -41.5 -42.2 -83.7 -42.3 -126.0 -42.4 -168.3 -42.4 -44.0 -86.4 -47.6 -134.1 -80.8 -214.8 -81.0 -83.8 -164.8 -85.7 -250.5 -87.1 -337.6 -87.7 -88.9 -176.6 -89.9 -266.5 -90.6 -357.1 -90.3 -92.7 -183.0
Impairment and Reversal of Impairment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -3.9 -3.9 0.0 -2.9 -2.9 0.1 -2.8 0.1 -2.7 0.0 0.0 0.0 0.0 0.0 2.8 2.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
EBIT (Operating income) 163.3 187.4 350.7 243.8 594.6 158.9 753.4 194.2 219.0 413.2 272.9 686.2 185.0 871.2 194.9 240.6 435.5 274.1 709.7 201.1 910.8 177.5 218.2 395.8 254.5 650.3 211.2 861.4 183.7 217.0 400.7 265.1 665.8 186.0 851.7 197.5 238.9 436.4
EBIT margin 14.4% 16.1% 15.2% 20.2% 17.0% 12.8% 15.9% 16.7% 18.1% 17.4% 21.1% 18.7% 13.8% 17.4% 15.5% 18.5% 17.0% 20.7% 18.3% 14.7% 17.3% 14.0% 16.6% 15.3% 18.8% 16.5% 14.3% 15.9% 14.0% 15.8% 14.9% 18.9% 16.3% 12.5% 15.3% 14.5% 16.7% 15.6%
Interest Income 1.0 1.2 2.2 1.0 3.2 1.6 4.8 1.2 3.1 4.3 3.0 7.3 3.6 11.0 2.6 3.2 5.8 10.0 15.8 4.3 20.2 3.6 4.3 7.9 5.7 13.6 6.6 20.2 7.5 8.6 16.1 12.3 28.4 8.4 36.8 9.6 9.9 19.5
Interest Expense on Financial Liabilities -24.9 -24.5 -49.5 -25.1 -74.6 -26.1 -100.7 -18.6 -11.3 -29.9 -15.2 -45.0 -14.9 -60.0 -19.3 -21.4 -40.7 -32.0 -72.7 -25.8 -98.5 -24.2 -24.8 -48.9 -26.3 -75.2 -25.0 -100.2 -24.7 -25.8 -50.5 -25.5 -75.9 -23.6 -99.5 -22.3 -21.6 -43.9
Interest on employee benefits, restructuring and other financial items, net -1.4 -1.6 -3.1 0.5 -2.6 -5.3 -7.8 -2.4 -2.1 -4.5 -0.1 -4.7 -0.4 -5.0 -3.5 -7.1 -10.5 5.0 -5.5 -3.1 -8.6 -4.8 -3.9 -8.7 -5.7 -14.4 -3.2 -17.6 -3.7 -4.9 -8.6 -4.0 -12.5 -3.2 -15.7 -2.3 -3.5 -5.8
Foreign currency exchange (gain) loss, net -0.4 3.1 2.6 0.7 3.3 -0.4 2.9 -5.2 6.2 1.0 3.5 4.5 -3.8 0.6 -1.3 -1.7 -3.0 -0.9 -3.9 0.4 -3.5 -1.1 0.5 -0.6 0.3 -0.4 -1.5 -1.8 -0.0 1.6 1.6 0.5 2.1 -1.0 1.1 -0.5 -0.6 -1.1
Equity interest in net income of associated companies 0.0 0.0 0.0 0.0 0.0 -0.1 -0.1 -1.0 0.1 -0.9 0.1 -0.8 -1.0 -1.8 0.1 0.3 0.3 0.6 0.9 -0.1 0.8 0.3 0.6 0.9 0.9 1.8 -0.7 1.1 0.5 0.9 1.4 0.6 2.1 -0.8 1.2 0.9 0.3 1.3
Financial Result -26.0 -4.0 -30.0 -8.7 -38.7 -16.5 -55.2 -21.4 -26.7 -48.0 -17.3 -65.3 -24.3 -89.6 -26.2 -23.2 -49.4 -25.2 -74.6 -23.7 -98.3 -20.3 -19.5 -39.9 -16.0 -55.9 -20.2 -76.1 -14.6 -15.4 -30.1
EBT (Earnings Before Income Taxes) 137.5 165.5 303.0 221.0 524.0 128.6 652.6 168.2 215.0 383.3 264.2 647.4 168.6 816.0 173.5 214.0 387.5 256.9 644.3 176.8 821.2 151.3 195.0 346.3 229.4 575.7 187.4 763.1 163.4 197.5 360.8 249.1 609.9 165.7 775.6 182.9 223.5 406.4
Income Taxes -28.6 -40.5 -69.2 -40.0 -109.2 -88.4 -197.6 -37.6 -48.0 -85.6 -59.0 -144.6 -36.8 -181.4 -38.7 -47.7 -86.4 -57.4 -143.8 -31.5 -175.3 -34.4 -48.6 -83.0 -51.4 -134.3 -2.2 -136.6 -38.1 -46.0 -84.1 -58.0 -142.1 -20.7 -162.8 -39.1 -47.8 -87.0
Net Result 108.9 125.0 233.8 181.0 414.8 40.2 455.0 130.7 167.0 297.7 205.2 502.8 131.8 634.6 134.8 166.3 301.1 199.5 500.6 145.3 645.9 116.9 146.4 263.4 178.0 441.3 185.2 626.6 125.3 151.4 276.7 191.1 467.8 145.0 612.8 143.7 175.7 319.4
Attributable to Equity Holders of the Parent 108.7 124.9 233.5 180.8 414.3 40.1 454.5 130.5 166.9 297.4 204.9 502.3 131.6 633.9 134.7 166.1 300.8 199.3 500.0 145.2 645.2 116.8 146.2 263.0 177.7 440.8 185.1 625.9 125.2 151.3 276.5 190.8 467.3 144.8 612.1 143.6 175.5 319.1
Attributable to Non-controlling Interests 0.2 0.1 0.3 0.2 0.4 0.1 0.6 0.1 0.1 0.3 0.3 0.6 0.1 0.7 0.1 0.2 0.3 0.2 0.5 0.1 0.7 0.1 0.2 0.3 0.3 0.6 0.1 0.7 0.1 0.2 0.3 0.2 0.5 0.2 0.7 0.1 0.2 0.3
Weighted average number of shares outstanding 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0 664,084,841.0
Earnings per Share 0.16 0.19 0.35 0.27 0.62 0.06 0.68 0.20 0.25 0.45 0.31 0.76 0.20 0.95 0.20 0.25 0.45 0.30 0.75 0.22 0.97 0.18 0.22 0.40 0.27 0.66 0.28 0.94 0.19 0.23 0.42 0.29 0.70 0.22 0.92 0.22 0.26 0.48
ERROR:#N/A ERROR:#N/A ERROR:#N/A ERROR:#N/A ERROR:#N/A ERROR:#N/A ERROR:#N/A ERROR:#N/A

&G

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

BS_h
Balance Sheet - History
in EUR million
March 31, June 30, Sept 30, Dec 31, March 31, June 30, Sept 30, Dec 31, Mar 31, Jun 30, Sept 30, Dec 31, Mar 31, Jun 30, Sept 30, Dec 31, Mar 31, Jun 30,
2022 2022 2022 2022 2023 2023 2023 2023 2024 2024 2024 2024 2025 2025 2025 2025 2026 2026
ASSETS
Cash and cash equivalents 1,006.5 415.8 172.3 149.8 134.3 142.7 152.4 168.5 155.2 271.1 219.0 367.0 504.6 355.0 355.7 361.7 599.9 710.0
Short-term investments 108.4 105.8 75.6 60.5 86.6 52.0 67.7 84.6 77.8 86.9 33.6 62.5 126.0 147.1 140.7 397.9 382.7 388.3
Accounts receivable: Subscribers, distributors and other, net 768.3 806.7 845.6 839.6 824.4 855.5 858.2 843.1 861.6 867.1 884.7 949.6 942.8 941.3 978.2 1,021.2 1,026.5 1,102.4
Receivables due from related parties 3.5 3.4 2.2 1.1 1.0 1.4 31.8 21.5 14.4 15.6 15.1 16.4 10.5 12.2 13.3 11.4 31.7 29.6
Inventories 116.4 118.1 131.6 104.9 119.7 130.2 114.4 104.5 116.9 113.8 119.5 101.8 145.3 136.7 130.3 119.3 142.8 164.9
Income taxes receivable 3.0 3.1 18.9 2.4 3.4 5.9 8.7 10.5 2.8 2.0 1.3 0.2 0.6 1.1 1.2 1.6 2.2 0.4
Other current assets - net 176.0 176.4 187.5 183.3 204.4 217.0 214.7 223.3 234.3 243.5 246.9 247.4 255.4 272.8 260.1 276.3 300.1 317.1
Contract assets 98.3 92.7 89.0 97.3 97.1 90.7 83.8 88.4 86.1 82.8 74.2 83.1 81.1 88.9 86.7 93.3 92.1 86.7
Assets held for sale 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Current assets 2,280.4 1,721.9 1,522.8 1,439.0 1,470.9 1,495.4 1,531.8 1,544.5 1,549.1 1,682.8 1,594.3 1,828.1 2,066.3 1,955.3 1,966.2 2,282.9 2,578.1 2,799.5
Property, plant and equipment, net 2,863.4 2,908.2 2,976.2 3,054.1 3,112.8 3,189.1 2,993.7 3,029.0 3,094.7 3,136.0 3,131.8 3,116.0 3,170.3 3,163.9 3,174.2 3,213.1 3,205.7 3,239.2
Right-of-use-assets, net 756.6 742.4 716.3 677.9 648.5 624.2 1,942.0 1,961.3 1,957.0 1,973.6 1,914.8 1,880.2 1,838.5 1,822.0 1,764.3 1,819.6 1,755.5 1,723.8
Other intangible assets, net 1,636.2 1,625.5 1,607.5 1,608.0 1,585.1 1,661.8 1,633.6 1,654.6 1,625.6 1,625.4 1,590.0 1,604.3 1,579.8 1,524.7 1,484.7 1,509.3 1,468.1 1,435.3
Goodwill 1,283.3 1,286.9 1,305.4 1,299.8 1,298.9 1,298.4 1,039.8 1,089.3 1,088.9 1,089.3 1,092.5 1,088.9 1,089.4 1,089.3 1,093.8 1,092.0 1,092.1 1,098.0
Investments in associates 1.0 1.0 1.1 0.1 0.2 0.4 1.0 0.9 1.2 1.8 2.7 2.0 2.6 3.5 4.1 3.3 4.2 4.5
Long-term investments 136.6 153.8 186.6 205.7 186.9 222.6 213.9 207.3 216.2 208.0 266.1 253.7 195.4 459.6 462.9 215.3 214.9 211.0
Deferred income tax assets 27.7 28.8 31.1 41.9 43.0 49.0 40.8 47.2 47.0 48.7 50.8 53.5 57.4 58.3 60.0 62.2 63.6 64.6
Receivables due from related parties, long-term finance 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other non-current assets, net 23.8 21.9 22.0 18.9 22.6 21.9 21.3 22.4 23.7 24.8 24.3 27.2 29.8 28.9 29.5 30.5 33.0 34.4
Non-current assets 6,728.6 6,768.6 6,846.2 6,906.4 6,898.0 7,067.6 7,886.0 8,012.1 8,054.3 8,107.6 8,073.1 8,025.8 7,963.1 8,150.2 8,073.4 7,945.3 7,837.0 7,810.8
TOTAL ASSETS 9,009.0 8,490.5 8,369.0 8,345.3 8,368.8 8,563.0 9,417.8 9,556.6 9,603.4 9,790.5 9,667.3 9,853.9 10,029.4 10,105.5 10,039.6 10,228.2 10,415.1 10,610.2
LIABILITIES
Short-term debt 1,850.0 1,100.0 1,239.9 821.5 722.9 919.0 130.0 60.1 0.1 0.0 30.4 0.1 0.1 230.0 55.0 753.8 755.3 757.2
Lease liability short-term 163.6 165.3 165.6 159.3 155.4 153.4 281.6 283.7 294.0 308.4 311.1 315.6 311.2 317.7 318.7 341.7 357.9 364.6
Accounts payable 810.1 865.7 805.6 863.9 898.9 943.0 888.7 927.0 918.6 943.3 903.2 967.0 1,001.8 1,004.1 970.6 1,022.8 1,090.4 1,135.5
Current provisions and accrued liabilities 247.1 241.0 241.9 264.4 253.0 241.5 240.4 252.6 238.1 253.0 232.8 245.2 233.1 223.3 235.2 273.8 257.4 253.0
Income tax payable 55.5 80.1 101.1 81.2 111.0 133.3 86.4 81.0 91.2 102.8 80.0 83.6 110.8 112.4 82.4 73.0 99.3 103.0
Payables due to related parties 0.9 149.3 0.7 0.8 1.1 1.2 21.4 24.4 25.6 239.1 29.4 36.8 36.7 36.3 39.9 45.8 45.0 291.2
Contract liability 211.5 219.6 226.9 219.7 233.9 242.6 234.4 216.3 233.6 229.4 238.8 240.7 260.1 249.8 262.2 254.8 261.0 256.7
Deferred income 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Current liabilities 3,338.6 2,821.1 2,781.6 2,410.8 2,376.4 2,634.1 1,883.0 1,845.0 1,801.2 2,075.9 1,825.7 1,889.0 1,953.7 2,173.7 1,964.0 2,765.9 2,866.3 3,161.3
Long-term debt 1,046.4 1,046.6 747.0 1,047.2 1,047.4 1,047.6 747.7 747.9 748.1 748.3 749.1 748.6 748.8 749.0 749.2 0.0 0.0 37.5
Lease liability long-term 577.3 565.9 545.8 521.6 477.6 462.8 1,690.6 1,671.9 1,657.1 1,668.1 1,616.6 1,584.8 1,545.6 1,529.6 1,478.0 1,512.6 1,452.8 1,419.4
Deferred income tax liabilities 20.9 25.2 42.9 44.4 39.6 43.1 55.7 59.4 52.6 59.5 63.2 34.2 31.4 44.8 69.0 65.6 60.5 61.8
Other non-current liabilities 28.3 31.8 40.8 39.1 23.0 23.9 21.3 21.6 20.7 15.4 16.7 44.2 48.2 45.7 43.6 9.7 9.7 10.2
Asset retirement obligation and restructuring 564.6 535.8 524.7 517.9 515.1 518.8 423.8 422.9 415.5 401.7 406.4 398.2 401.0 388.9 381.3 365.7 371.5 360.5
Employee benefit obligations 224.6 209.9 167.0 171.7 176.4 179.3 176.3 187.3 190.7 189.1 191.8 166.3 166.7 165.2 163.1 155.2 155.9 154.2
Non-current liabilities 2,462.0 2,415.1 2,068.2 2,341.9 2,279.1 2,275.5 3,115.5 3,111.0 3,084.7 3,082.1 3,043.8 2,976.4 2,941.6 2,923.3 2,884.3 2,108.9 2,050.4 2,043.6
TOTAL LIABILITIES 5,800.7 5,236.2 4,849.8 4,752.7 4,655.5 4,909.6 4,998.4 4,956.0 4,885.9 5,157.9 4,869.6 4,865.3 4,895.2 5,097.0 4,848.2 4,874.7 4,916.8 5,204.9
STOCKHOLDERS' EQUITY
Capital stock 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3 1,449.3
Treasury shares -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8 -7.8
Additional paid-in capital 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1 1,100.1
Hybrid capital 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained earnings 1,445.9 1,426.8 1,631.6 1,763.3 1,898.0 1,851.5 2,627.8 2,820.9 2,937.7 2,844.8 3,022.5 3,207.7 3,332.9 3,218.5 3,409.3 3,551.9 3,695.6 3,592.1
Other comprehensive income (loss) items -781.3 -716.0 -656.1 -714.4 -728.4 -741.7 -752.3 -764.0 -764.1 -756.0 -768.8 -763.0 -742.7 -754.0 -762.2 -742.7 -741.6 -731.1
Equity attributable to equity holders of the parent 3,206.1 3,252.4 3,517.1 3,590.5 3,711.1 3,651.5 4,417.1 4,598.4 4,715.2 4,630.4 4,795.4 4,986.2 5,131.7 5,006.2 5,188.8 5,350.9 5,495.6 5,402.6
Non-controlling interests 2.2 1.9 2.1 2.1 2.2 2.0 2.2 2.1 2.3 2.1 2.4 2.3 2.4 2.4 2.6 2.6 2.7 2.6
TOTAL STOCKHOLDERS' EQUITY 3,208.4 3,254.3 3,519.3 3,592.6 3,713.4 3,653.4 4,419.3 4,600.6 4,717.5 4,632.5 4,797.8 4,988.5 5,134.1 5,008.5 5,191.4 5,353.4 5,498.3 5,405.3
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 9,009.0 8,490.5 8,369.0 8,345.3 8,368.8 8,563.0 9,417.8 9,556.6 9,603.4 9,790.5 9,667.3 9,853.9 10,029.4 10,105.5 10,039.6 10,228.2 10,415.1 10,610.2

&G

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

CF_h
Cash Flow - History
in EUR million
Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-Q3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY2025 Q1 2026 Q2 2026 H1 2026
Earnings before income tax 137.5 165.5 303.0 221.0 524.0 128.6 652.6 168.2 215.0 383.3 264.2 647.4 168.6 816.0 173.5 214.0 387.5 256.9 644.3 176.8 821.2 151.3 195.0 346.3 229.4 575.7 187.4 763.1 163.4 197.5 360.8 249.1 609.9 165.7 775.6 182.9 223.5 406.4
Depreciation 129.7 136.3 266.0 131.8 397.8 135.0 532.8 134.3 133.3 267.6 137.0 404.6 134.6 539.1 133.9 135.6 269.5 136.8 406.3 134.9 541.3 129.2 135.4 264.6 138.9 403.4 149.8 553.2 137.4 140.8 278.2 137.9 416.1 146.4 562.5 141.1 141.7 282.7
Amortization of intangible asset 65.0 63.3 128.3 63.8 192.1 64.7 256.7 61.6 62.5 124.1 65.3 189.3 66.1 255.5 64.8 62.6 127.4 62.4 189.8 64.5 254.4 66.7 66.8 133.5 68.5 202.0 70.0 272.0 69.1 74.8 143.8 70.0 213.9 77.3 291.1 70.8 70.5 141.3
Depreciation of right of use asset 40.3 40.7 81.0 40.8 121.8 41.4 163.2 41.5 42.2 83.7 42.3 126.0 42.4 168.3 42.4 44.0 86.4 47.6 134.1 80.8 214.8 81.0 83.8 164.8 85.7 250.5 87.1 337.6 87.7 88.9 176.6 89.9 266.5 90.6 357.1 90.3 92.7 183.0
Impairment/Reversal of impairment PPE 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.9 3.9 0.0 2.9 2.9 -0.1 2.8 -0.1 2.7 0.0 0.0 0.0 0.0 0.0 -2.8 -2.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Result from investments in associated companies 0.0 0.0 0.0 0.0 0.0 0.1 0.1 1.0 -0.1 0.9 -0.1 0.8 1.0 1.8 -0.1 -0.3 -0.3 -0.6 -0.9 0.1 -0.8 -0.3 -0.6 -0.9 -0.9 -1.8 0.7 -1.1 -0.5 -0.9 -1.4 -0.6 -2.1 0.8 -1.2 -0.9 -0.3 -1.3
Result on sales of investments -0.1 0.1 -0.0 -0.5 -0.5 1.0 0.5 1.1 2.5 3.6 -0.3 3.3 -0.0 3.3 -0.6 -0.8 -1.4 -0.1 -1.5 -1.6 -3.1 -0.2 -0.1 -0.3 1.4 1.1 -0.6 0.6 -0.5 0.9 0.4 -0.1 0.4 -0.2 0.2 -1.5 -0.0 -1.6
Result on sale of property, plant and equipment 1.6 1.4 2.9 1.0 3.9 3.5 7.4 0.9 0.9 1.7 0.9 2.6 2.2 4.8 0.0 0.9 0.9 0.5 1.4 0.7 2.1 0.3 1.6 1.9 1.4 3.3 -2.7 0.6 0.5 -0.6 -0.1 -2.0 -2.0 1.2 -0.8 0.4 0.3 0.7
Net period cost of labor obligations and restructuring 22.5 23.4 45.9 24.1 70.0 24.8 94.7 23.5 16.2 39.7 9.0 48.7 28.5 77.2 27.6 22.8 50.4 9.2 59.6 42.7 102.3 26.5 23.1 49.7 27.2 76.9 29.3 106.2 40.2 21.9 62.2 25.1 87.2 28.0 115.2 39.7 21.6 61.4
Foreign currency exchange differences 0.4 -3.1 -2.6 -0.7 -3.3 0.4 -2.9 5.2 -6.2 -1.0 -3.5 -4.5 3.8 -0.6 1.3 1.7 3.0 0.9 3.9 -0.4 3.5 1.1 -0.5 0.6 -0.3 0.4 1.5 1.8 0.0 -1.6 -1.6 -0.5 -2.1 1.0 -1.1 0.5 0.6 1.1
Interest income -1.0 -1.2 -2.2 -1.0 -3.2 -1.6 -4.8 -1.2 -3.1 -4.3 -3.0 -7.3 -3.6 -11.0 -2.6 -3.2 -5.8 -10.0 -15.8 -4.3 -20.2 -3.6 -4.3 -7.9 -5.7 -13.6 -6.6 -20.2 -7.5 -8.6 -16.1 -12.3 -28.4 -8.4 -36.8 -9.6 -9.9 -19.5
Interest expense on financial liabilites 25.5 25.1 50.6 25.0 75.6 29.6 105.3 18.9 10.6 29.5 14.7 44.2 14.4 58.6 18.4 24.9 43.3 30.5 73.8 26.4 100.1 24.8 25.0 49.8 26.9 76.7 25.4 102.1 25.3 26.8 52.0 26.3 78.3 23.9 102.2 22.8 21.9 44.7
Other adjustments -0.2 -3.7 -3.9 -0.2 -4.1 -0.4 -4.5 -1.1 -0.5 -1.7 -0.8 -2.5 -1.6 -4.0 -0.8 -0.6 -1.4 -0.1 -1.5 -3.2 -4.8 -0.4 -0.1 -0.6 -0.6 -1.1 -3.8 -4.9 -0.2 -1.0 -1.2 -0.1 -1.3 -5.9 -7.3 -0.2 -0.5 -0.6
Non-cash and other reconciliation items: 283.8 282.3 566.1 284.0 850.1 298.4 1148.4 285.6 258.2 543.8 261.4 805.2 291.5 1096.7 284.3 290.5 574.8 277.1 851.9 340.5 1192.3 325.1 330.1 655.2 342.5 997.8 347.2 1345.0 351.4 341.4 692.8 333.5 1026.4 354.7 1381.1 353.4 338.6 692.0
Accounts receiveable trade 12.1 -3.7 8.4 -26.4 -18.0 20.6 2.7 -1.7 -13.3 -15.0 -24.7 -39.6 -18.6 -58.3 9.9 -37.0 -27.1 -8.8 -35.9 13.3 -22.6 -18.7 -2.4 -21.1 -10.9 -31.9 -72.9 -104.8 13.9 -2.3 11.6 -32.0 -20.4 -39.7 -60.1 -5.5 -71.7 -77.2
Prepaid expenses -0.6 -0.2 -0.8 3.2 2.4 -10.3 -7.8 0.2 -4.4 -4.2 -2.8 -7.0 2.6 -4.5 -12.2 -7.3 -19.5 -1.2 -20.7 10.7 -10.0 -13.0 -12.3 -25.3 2.8 -22.5 31.4 8.9 -3.5 7.8 4.3 -0.9 3.4 -6.1 -2.6 -5.0 2.3 -2.7
Related parties -0.1 2.4 2.3 1.7 4.0 0.4 4.4 0.6 0.1 0.7 1.2 1.9 1.1 3.0 0.1 -0.4 -0.3 1.5 1.2 2.0 3.2 2.4 -1.2 1.2 1.0 2.2 -0.9 1.3 0.8 -0.4 0.4 -0.9 -0.5 1.6 1.1 0.9 -1.2 -0.3
Inventories -2.9 -9.8 -12.7 1.2 -11.6 10.6 -1.0 -25.7 1.8 -23.9 -9.8 -33.8 23.3 -10.5 -15.7 -11.5 -27.2 15.2 -12.0 9.6 -2.3 -12.2 3.6 -8.6 -3.3 -11.8 17.9 6.1 -42.2 8.0 -34.2 6.1 -28.1 11.6 -16.5 -23.4 -21.5 -44.8
Other assets -1.9 2.9 1.0 -2.9 -1.9 -1.5 -3.3 -1.8 5.1 3.3 -6.9 -3.6 -5.1 -8.7 -17.8 -2.0 -19.7 0.3 -19.5 -30.0 -49.5 -0.7 -2.3 -3.0 1.7 -1.4 -38.4 -39.8 -1.3 -23.5 -24.7 14.9 -9.8 -4.4 -14.2 -16.9 -4.0 -20.8
Contract assets 0.4 3.9 4.4 3.8 8.2 -4.9 3.3 5.1 5.8 10.9 3.8 14.7 -8.4 6.3 0.2 6.4 6.6 6.9 13.5 -4.5 9.0 2.3 3.4 5.6 8.6 14.2 -8.9 5.3 2.0 -7.8 -5.8 2.2 -3.7 -6.6 -10.2 1.2 5.4 6.6
Accounts payable and accrued liabilities 18.6 -10.8 7.7 -3.5 4.3 -24.6 -20.4 57.6 9.4 67.0 -26.3 40.8 57.5 98.3 -2.1 17.1 15.0 17.7 32.7 14.1 46.8 -21.5 14.3 -7.2 -14.0 -21.2 94.1 72.8 -6.1 30.7 24.6 -46.5 -21.9 55.9 33.9 63.3 31.4 94.7
Accrued liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Due to related parties 0.0 0.4 0.4 -0.0 0.4 0.0 0.4 0.3 0.6 0.9 -0.9 0.1 0.2 0.2 0.3 0.1 0.4 3.6 4.0 3.0 7.0 1.2 2.0 3.2 1.8 5.0 7.4 12.4 -0.1 -0.4 -0.5 3.6 3.2 5.9 9.1 -0.9 -3.4 -4.3
Contract liability 15.1 5.0 20.1 1.8 21.9 -5.2 16.7 6.3 7.4 13.7 5.4 19.1 -6.4 12.6 14.4 8.8 23.2 -6.8 16.3 -18.1 -1.8 17.3 -4.2 13.1 1.7 14.8 1.9 16.7 19.2 -10.2 9.0 12.3 21.3 -7.4 13.9 6.2 -4.3 1.8
Working capital changes 40.6 -9.8 30.8 -21.1 9.7 -14.8 -5.1 40.9 12.5 53.4 -61.0 -7.6 46.2 38.6 -22.8 -25.7 -48.5 28.3 -20.3 0.1 -20.1 -43.0 0.8 -42.1 -10.6 -52.7 31.6 -21.1 -17.2 1.9 -15.3 -41.2 -56.5 10.8 -45.7 19.9 -66.9 -47.1
Employee benefits and restructuring paid -26.5 -26.1 -52.5 -27.0 -79.5 -30.7 -110.2 -26.3 -25.4 -51.6 -26.7 -78.3 -30.6 -109.0 -27.5 -27.3 -54.8 -29.5 -84.3 -33.2 -117.5 -29.0 -28.1 -57.0 -31.7 -88.8 -47.1 -135.9 -35.2 -38.6 -73.8 -33.6 -107.4 -39.4 -146.8 -30.6 -31.0 -61.6
Interest received 1.0 1.2 2.2 1.1 3.2 3.1 6.3 1.7 3.6 5.2 2.0 7.2 5.2 12.5 3.0 3.4 6.5 12.0 18.5 1.1 19.6 3.4 4.1 7.5 5.2 12.7 6.4 19.1 7.9 6.8 14.6 10.5 25.1 6.5 31.6 8.4 16.0 24.4
Income taxes paid -3.8 -21.8 -25.6 -42.2 -67.8 -38.7 -106.5 -16.5 -22.3 -38.8 -48.5 -87.3 -49.8 -137.0 -17.0 -31.1 -48.1 -92.5 -140.6 -39.1 -179.7 -22.6 -31.0 -53.6 -72.0 -125.7 -30.4 -156.1 -16.8 -32.7 -49.6 -65.9 -115.4 -36.9 -152.3 -19.4 -41.8 -61.2
Net cash flow from operating activities 432.6 391.4 824.0 415.7 1239.7 345.9 1585.6 453.7 441.7 895.4 391.4 1286.7 431.1 1717.8 393.5 423.8 817.3 452.3 1269.6 446.2 1715.8 385.3 470.9 856.3 462.8 1319.0 495.1 1814.1 453.4 476.2 929.6 452.5 1382.1 461.5 1843.6 514.6 438.4 953.0
Capital expenditures paid -201.0 -201.3 -402.3 -206.2 -608.5 -244.7 -853.3 -194.2 -198.7 -392.9 -219.0 -611.9 -284.0 -895.9 -235.9 -351.6 -587.4 -243.0 -830.5 -263.5 -1094.0 -243.3 -260.8 -504.2 -195.6 -699.8 -190.6 -890.4 -209.4 -200.2 -409.6 -168.8 -578.5 -287.6 -866.1 -186.9 -260.8 -447.7
Proceeds from sale of equiment 0.5 1.0 1.5 0.3 1.9 1.8 3.7 0.5 1.6 2.1 1.0 3.1 2.2 5.2 1.6 4.2 5.8 0.7 6.5 3.9 10.4 1.7 1.1 2.8 0.6 3.4 6.2 9.6 1.4 2.5 3.8 3.7 7.5 0.5 8.1 0.9 1.1 1.9
Purchase of investments -25.1 -172.9 -198.0 -6.4 -204.4 -222.2 -426.6 -23.7 -54.7 -78.4 -60.7 -139.1 -34.2 -173.3 -24.8 -56.1 -80.9 -11.3 -92.2 -15.2 -107.4 -41.5 -4.6 -46.1 -178.3 -224.4 -26.8 -251.2 -35.0 -329.1 -364.1 -77.3 -441.4 -89.8 -531.2 -110.8 -91.0 -201.7
Proceeds from sale of investment 11.3 157.7 169.0 1.2 170.3 203.9 374.1 5.1 34.9 40.0 57.9 97.9 30.2 128.1 18.6 56.0 74.6 5.0 79.6 7.9 87.4 40.2 4.2 44.4 173.2 217.6 10.1 227.7 32.8 46.6 79.5 75.1 154.6 82.5 237.1 127.0 90.7 217.7
Acquisition of businesses, net of cash acquired 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -15.0 -15.0 -0.3 -15.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 -0.0 -3.4 -3.4 -0.9 -4.3 -3.9 -4.3 -8.2 -1.8 -10.1 -0.0 -10.1 0.0 -4.8 -4.8
Aquisitions of investments in associated companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -2.0 0.0 -2.0 0.0 -2.0 0.0 -2.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net cash flow from investing activities -214.2 -215.5 -429.7 -211.0 -640.7 -261.3 -902.0 -214.4 -216.8 -431.2 -235.9 -667.1 -286.1 -953.1 -240.5 -347.5 -588.0 -248.6 -836.6 772.7 -63.9 -243.0 -260.2 -503.2 -203.5 -706.7 -201.9 -908.6 -214.2 -484.5 -698.7 -169.2 -867.9 -294.4 -1162.2 -169.8 -264.8 -434.7
Proceeds from issuance of long-term debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 300.0 300.0 0.0 0.0 0.0 495.0 495.0 499.4 994.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45.0 45.0
Principal payments on long-term debt 0.0 0.0 0.0 0.0 0.0 -750.0 -750.0 0.0 -750.0 -750.0 0.0 -750.0 0.0 -750.0 0.0 0.0 0.0 -600.0 -600.0 0.0 -600.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest paid -5.6 -34.5 -40.1 -14.4 -54.5 -41.8 -96.3 -4.3 -32.3 -36.6 -19.0 -55.6 -16.0 -71.6 -9.6 -15.4 -25.0 -30.7 -55.7 -32.8 -88.4 -21.5 -22.6 -44.1 -22.6 -66.7 -32.2 -98.9 -21.6 -21.8 -43.5 -22.0 -65.4 -30.8 -96.2 -18.7 -17.5 -36.2
Financing with related parties 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1005.9 1005.9 -1031.0 -25.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Change in short-term debt 0.8 0.8 1.6 0.8 2.4 -2.4 0.0 0.0 -0.0 -0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Repayment of short-term debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -3.0 -99.7 -102.7 -899.7 -1002.4 -805.6 -1808.0 -1515.7 -1373.0 -2888.7 -2161.0 -5049.7 -305.0 -5354.7 -100.0 0.0 -100.0 -170.0 -270.0 -31.1 -301.1 0.0 0.0 0.0 -445.0 -445.0 -55.0 -500.0 -4.4 0.0 -4.4
Issuance of short-term debt 0.0 0.0 0.0 0.0 0.0 806.6 806.6 300.0 100.0 400.0 740.0 1140.0 387.4 1527.4 1417.3 1569.3 2986.5 2172.4 5158.9 -264.8 4894.2 40.2 0.1 40.3 200.1 240.4 0.3 240.7 0.2 230.1 230.3 270.2 500.5 4.6 505.0 6.0 -5.6 0.3
Dividends paid 0.0 -166.5 -166.5 0.0 -166.5 -0.1 -166.6 0.0 -0.4 -0.4 -185.9 -186.4 -0.2 -186.5 0.0 -213.0 -213.0 0.0 -213.0 -0.2 -213.2 0.0 -0.4 -0.4 -239.1 -239.4 -0.2 -239.6 0.0 -265.8 -265.8 0.0 -265.8 -0.2 -266.0 0.0 -0.2 -0.2
Aquisition of non-controlling interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.1 -0.1 0.0 -0.1 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Deferred consideration paid for business combinations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -1.3 0.0 -1.3 0.0 -1.3 0.0 -1.3 0.0 0.0 0.0 -1.9 -1.9 0.0 -1.9 0.0 0.0 0.0 -1.7 -1.7 -4.8 -6.5 0.0 0.0 0.0 0.0 0.0 -0.7 -0.7 0.0 0.0 0.0
Lease principal paid -54.3 -33.5 -87.8 -33.7 -121.5 -33.3 -154.8 -57.9 -33.1 -91.0 -33.4 -124.4 -34.6 -158.9 -60.1 -36.4 -96.4 -40.4 -136.8 -68.4 -205.2 -74.4 -72.3 -146.7 -76.9 -223.6 -77.7 -301.3 -83.9 -81.4 -165.2 -82.4 -247.6 -83.5 -331.1 -90.1 -87.3 -177.4
Net cash flow from financing activities -59.2 -233.7 -292.9 -47.3 -340.2 -21.0 -361.2 233.5 -815.7 -582.1 -398.0 -980.1 -168.9 -1149.1 -168.1 -68.5 -236.6 839.3 602.7 -1202.7 -600.0 -155.7 -95.1 -250.8 -310.1 -560.9 -145.8 -706.7 -105.3 -138.9 -244.2 -279.2 -523.4 -165.6 -688.9 -107.2 -65.7 -172.9
Adjustment to CFs due to exchange rate fluctuations, net 0.5 0.7 1.1 0.8 1.9 -0.7 1.2 -0.8 0.1 -0.7 -0.9 -1.6 1.4 -0.3 -0.4 0.6 0.2 -0.5 -0.3 -0.0 -0.4 0.1 0.3 0.4 -1.3 -1.0 0.6 -0.4 3.7 -2.4 1.3 -3.5 -2.2 4.5 2.3 0.8 2.1 2.9
Cash and cash equivalents at beginning of the year 210.9 370.6 210.9 313.4 210.9 471.5 210.9 534.4 1006.5 534.4 415.8 534.4 172.3 534.4 149.8 134.3 149.8 142.7 149.8 152.4 149.8 168.5 155.2 168.5 271.1 168.5 219.0 168.5 367.0 504.6 367.0 355.0 367.0 355.7 367.0 361.7 599.9 361.7
Net change in cash and cash equivalents 159.7 -57.2 102.5 158.1 260.6 62.9 323.6 472.0 -590.7 -118.7 -243.4 -362.1 -22.5 -384.6 -15.5 8.4 -7.1 9.6 2.5 16.2 18.7 -13.3 115.9 102.6 -52.1 50.5 148.0 198.4 137.6 -149.5 -11.9 0.7 -11.3 6.0 -5.3 238.3 110.1 348.3
Cash and cash equivalents at end of the year 370.6 313.4 313.4 471.5 471.5 534.4 534.4 1006.5 415.8 415.8 172.3 172.3 149.8 149.8 134.3 142.7 142.7 152.4 152.4 168.5 168.5 155.2 271.1 271.1 219.0 219.0 367.0 367.0 504.6 355.0 355.0 355.7 355.7 361.7 361.7 599.9 710.0 710.0

&G

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

Main Financial KPIs
Main Financial KPIs - History
in EUR million
Capital Expenditures Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Total Capital Expenditures 204.0 238.1 442.1 190.5 632.7 258.8 179.6 211.1 390.7 223.6 614.3 330.1 944.4 247.1 358.8 605.9 216.5 822.4 270.2 1,092.6 233.3 246.8 480.1 167.8 647.9 216.7 864.6 221.9 165.6 387.5 182.7 570.2 318.9 889.1 163.6 210.0 373.6
Thereof Tangible 163.0 154.2 317.2 145.5 462.7 187.7 144.6 173.0 317.6 188.7 506.3 259.4 765.7 205.4 215.2 420.6 180.2 600.7 186.6 787.3 196.7 180.4 377.1 138.0 515.1 138.1 653.2 181.7 144.7 326.4 152.5 479.0 186.7 665.7 135.5 175.8 311.3
Thereof Intangible 41.0 83.9 124.9 45.0 170.0 71.0 35.1 38.1 73.1 34.9 108.1 70.7 178.8 41.7 143.6 185.3 36.3 221.6 83.6 305.2 36.6 66.4 103.0 29.8 132.8 78.6 211.4 40.2 20.9 61.1 30.2 91.2 132.2 223.4 28.1 34.2 62.3
Free Cash Flow Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
EBITDA 398.3 427.7 826.0 480.2 1,306.3 399.9 431.6 456.9 888.5 517.5 1,406.0 431.9 1,837.9 436.0 485.8 921.8 520.9 1,442.7 481.3 1,924.0 454.4 504.3 958.6 547.5 1,506.2 515.2 2,021.4 477.9 521.4 999.3 562.9 1,562.2 500.3 2,062.4 499.7 543.8 1,043.5
Net period cost of labor obligations and restructuring 21.5 22.4 44.0 23.6 67.5 24.0 22.5 15.5 38.1 8.1 46.1 27.5 73.6 22.6 18.0 40.6 12.7 53.3 38.6 91.9 22.2 18.9 41.2 23.5 64.7 25.9 90.6 36.6 18.5 55.1 21.9 76.9 24.9 101.8 36.4 18.5 54.8
Lease paid (principal, interest and prepayments) -59.8 -36.8 -96.6 -37.1 -133.7 -37.8 -65.6 -38.6 -104.3 -38.4 -142.7 -39.5 -182.2 -65.7 -42.1 -107.9 -48.4 -156.2 -99.9 -256.1 -97.0 -95.9 -192.9 -95.6 -288.5 -100.1 -388.6 -104.3 -100.7 -205.0 -101.0 -306.0 -106.4 -412.4 -109.1 -105.2 -214.2
Income taxes paid -3.8 -21.8 -25.6 -42.2 -67.8 -38.7 -16.5 -22.3 -38.8 -48.5 -87.3 -49.8 -137.0 -17.0 -31.1 -48.1 -92.5 -140.6 -39.1 -179.7 -22.6 -31.0 -53.6 -72.0 -125.7 -30.4 -156.1 -16.8 -32.7 -49.6 -65.9 -115.4 -36.9 -152.3 -19.4 -41.8 -61.2
Net interest paid -1.0 -30.3 -31.3 -10.5 -41.8 -36.0 0.2 -26.3 -26.1 -14.2 -40.2 -7.1 -47.3 -1.7 -6.8 -8.5 -12.5 -21.0 -11.4 -32.4 3.0 3.7 6.7 1.8 8.5 -6.2 2.3 5.7 3.7 9.5 6.7 16.2 -6.6 9.6 7.7 15.5 23.2
Change working capital and other changes 46.3 24.3 70.6 -37.9 32.7 -1.4 29.9 28.5 58.4 -56.3 2.1 89.0 91.1 -11.2 -14.7 -25.9 0.5 -25.4 11.7 -13.7 -52.1 -11.0 -63.0 -43.6 -106.6 39.2 -67.4 -9.3 -41.4 -50.7 -31.5 -82.3 30.7 -51.6 -4.7 -121.1 -125.8
Capital expenditures -204.0 -238.1 -442.1 -190.5 -632.7 -258.8 -179.6 -211.1 -390.7 -223.6 -614.3 -330.1 -944.4 -247.1 -358.8 -605.9 -216.5 -822.4 -270.2 -1,092.6 -233.3 -246.8 -480.1 -167.8 -647.9 -216.7 -864.6 -221.9 -165.6 -387.5 -182.7 -570.2 -318.9 -889.1 -163.6 -210.0 -373.6
Social Plans New funded -23.5 -23.7 -47.2 -17.9 -65.1 -29.3 -25.4 -31.8 -57.2 -10.6 -67.7 -20.6 -88.3 -23.1 -20.3 -43.3 -16.8 -60.1 -27.6 -87.7 -22.9 -19.4 -42.3 -20.4 -62.7 0.0 -62.7 -14.6 -23.9 -38.5 -14.4 -52.9 -19.3 -72.2 -11.8 0.0 -11.8
Free Cash Flow 174.1 123.8 297.8 167.6 465.4 21.9 197.1 171.0 368.0 134.0 502.0 101.4 603.4 92.8 30.0 122.8 147.4 270.3 83.5 353.7 51.6 122.9 174.5 173.4 347.9 226.9 574.8 153.3 179.3 332.6 196.0 528.5 67.7 596.3 235.2 99.8 335.0
Net Debt Mar 31, 2021 June 30, 2021 Sep 30, 2021 Mar 31, 2022 June 30, 2022 Sep 30, 2022 Dec 31, 2022 Mar 31, 2023 June 30, 2023 Sep 30, 2023 Dec 31, 2023 Mar 31,2024 June 30, 2024 Sep 30, 2024 Dec 31, 2024 Mar 31, 2025 Jun 30, 2025 Sept 30, 2025 Dec 31, 2025 Mar 31, 2026 June 30, 2026
Net Debt (excl. lease) ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! 1,636.0 1,823.8 725.4 639.4 593.0 477.1 560.5 356.6 208.1 312.2 136.0 73.6 -159.1 -254.2
Net Debt (incl. lease) ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! 2,269.0 2,440.1 2,697.6 2,595.0 2,544.1 2,453.6 2,488.2 2,257.0 2,064.9 2,159.5 1,932.7 1,928.0 1,651.6 1,529.9

&G

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

FTEs
Workforce Development
in full-time equivalents (FTE)
Workforce (end of period) June 30, 2021 Sept 30, 2021 March 31, 2022 June 30, 2022 Sept 30, 2022 Dec 31, 2022 March 31, 2023 June 30, 2023 Sept 30, 2023 Dec 31, 2023 March 31, 2024 June 30, 2024 Sept 30, 2024 Dec 31, 2024 March 31, 2025 June 30, 2025 Sept 30, 2025 Dec 31, 2025 March 31, 2026 June 30, 2026
Austria 7,305 7,232 7,121 7,068 6,946 6,826 6,722 6,634 6,511 6,473 6,435 6,334 6,313 6,042 5,858 5,637 5,553 5,341 5,384 5,319
International 10,323 10,243 10,306 10,379 10,647 10,683 10,738 10,712 10,619 10,638 10,714 10,749 10,776 10,850 10,849 10,857 11,020 10,962 10,951 10,999
Corporate 373 376 392 396 402 397 410 411 390 396 410 408 407 406 329 331 332 326 309 298
A1 Group 18,000 17,851 17,819 17,843 17,996 17,906 17,871 17,757 17,520 17,508 17,559 17,491 17,496 17,298 17,035 16,825 16,905 16,628 16,644 16,616
Workforce (period average) H1 2021 Q1-3 2021 Q1 2022 H1 2022 Q1-3 2022 FY 2022 Q1 2023 H1 2023 Q1-3 2023 FY 2023 Q1 2024 H1 2024 Q1-Q3 2024 FY 2024 Q1 2025 H1 2025 Q1-Q3 2025 FY 2025 Q1 2026 H1 2026
Austria 7,301 7,278 7,115 7,098 7,053 7,013 6,738 6,699 6,644 6,605 6,439 6,403 6,357 6,302 5,915 5,802 5,725 5,657 5,374 5,367
International 10,338 10,314 10,288 10,342 10,378 10,453 10,718 10,725 10,710 10,686 10,695 10,706 10,726 10,755 10,880 10,863 10,892 10,917 10,972 10,954
Corporate 375 374 393 393 394 395 407 409 407 404 407 408 407 406 331 331 330 329 312 306
A1 Group 18,014 17,967 17,795 17,834 17,825 17,860 17,863 17,834 17,762 17,695 17,541 17,518 17,491 17,463 17,126 16,996 16,947 16,904 16,658 16,627
SEGMENT INFORMATION
Segment Information
July 2026

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

Operating Results by Segment_h
Operating Results by Segment
in EUR million
Revenues Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Segment Austria 657.4 666.2 1,323.6 672.5 1,996.1 681.5 2,677.6 663.7 676.1 1,339.8 702.4 2,042.2 709.9 2,752.1 677.1 702.2 1,379.3 704.4 2,083.7 714.0 2,797.7 679.6 692.9 1,372.5 700.4 2,072.9 734.5 2,807.4 676.1 685.4 1,361.5 681.7 2,043.2 701.8 2,745.0 656.8 678.0 1,334.9
Segment Bulgaria 132.2 145.1 277.3 144.9 422.1 151.9 574.1 137.0 151.3 288.3 165.3 453.6 186.8 640.4 164.7 183.0 347.8 188.7 536.5 213.2 749.7 176.9 191.0 367.9 196.3 564.2 256.7 820.9 404.0 895.1 437.5
Segment Croatia 105.9 108.7 214.7 121.5 336.2 115.8 452.0 107.5 113.3 220.8 127.0 347.8 122.4 470.2 119.9 125.4 245.3 142.3 387.6 137.2 524.8 128.4 138.6 267.1 151.1 418.2 151.6 569.8 286.2 591.5 296.6
Segment Belarus 92.4 95.7 188.1 108.8 296.9 122.7 419.6 98.7 106.8 205.4 122.7 328.2 132.7 460.8 115.2 109.5 224.6 107.4 332.0 110.2 442.2 100.7 106.3 207.0 115.3 322.3 126.9 449.2 244.8 530.2 286.4
Segment Slovenia 51.4 51.2 102.6 54.0 156.6 53.3 209.9 52.0 53.2 105.2 57.9 163.1 59.4 222.5 62.0 59.4 121.4 59.8 181.2 61.0 242.2 56.5 56.7 113.2 58.5 171.7 58.4 230.1 113.8 233.6 119.3
Segment Serbia 70.7 74.7 145.4 83.2 228.6 86.7 315.3 81.0 85.7 166.6 93.9 260.5 96.0 356.5 91.3 92.0 183.3 99.3 282.6 99.9 382.5 92.8 96.9 189.7 102.0 291.7 106.1 397.8 200.4 421.7 223.7
Segment North Macedonia 31.5 32.0 63.5 35.0 98.6 36.0 134.6 33.2 34.4 67.5 36.5 104.0 37.3 141.3 35.4 36.5 71.9 38.7 110.7 40.9 151.5 38.9 38.4 77.3 43.1 120.4 43.5 163.9 85.3 178.4 90.4
Corporate, Others & Elimination -6.0 -7.8 -13.8 -14.8 -28.6 -6.2 -34.8 -6.6 -12.3 -18.9 -13.5 -32.4 -6.5 -38.9 -7.8 -9.1 -17.0 -14.9 -31.9 -7.3 -39.2 -6.9 -4.8 -11.7 -12.9 -24.6 -1.7 -26.4 -11.2 -18.2 5.9
Group 1,135.5 1,165.8 2,301.3 1,205.2 3,506.5 1,241.8 4,748.3 1,166.4 1,208.4 2,374.9 1,292.1 3,667.0 1,338.0 5,005.0 1,257.6 1,298.9 2,556.6 1,325.9 3,882.4 1,369.0 5,251.5 1,266.9 1,316.0 2,582.9 1,353.9 3,936.8 1,475.9 5,412.7 1,314.4 1,370.3 2,684.8 1,400.7 4,085.4 1,492.0 5,577.4 1,366.2 1,428.6 2,794.7
thereof international 483.7 506.8 990.5 545.4 1,536.0 565.7 2,101.7 514.6 550.6 1,065.1 608.1 1,673.2 642.7 2,315.9 594.4 612.9 1,207.2 642.5 1,849.8 669.9 2,519.7 601.0 636.5 1,237.5 674.1 1,911.6 754.3 2,665.9 652.6 701.8 1,354.4 740.9 2,095.3 804.3 2,899.6 722.6 765.4 1,488.1
0.0 0.0 0.0 0.0 0.0 0.0
thereof Other Operating Income Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Segment Austria 11.2 14.4 25.6 11.1 36.7 13.9 50.6 15.1 11.9 26.9 12.2 39.1 12.6 51.7 11.7 12.0 23.8 13.4 37.1 12.8 50.0 14.0 14.2 28.1 15.9 44.1 21.0 65.1 12.6 15.0 27.6 18.8 46.4 17.1 63.5 13.7 14.3 28.0
Segment Bulgaria 1.2 1.1 2.3 1.3 3.6 2.5 6.1 1.3 3.5 4.7 3.8 8.6 1.5 10.1 5.8 4.0 9.8 1.7 11.6 2.4 13.9 2.9 2.4 5.4 2.6 8.0 2.6 10.6 6.2 14.4 5.3
Segment Croatia 1.1 1.2 2.3 1.3 3.6 1.7 5.3 1.4 1.3 2.7 2.3 5.0 1.6 6.6 1.7 1.9 3.6 1.6 5.2 2.9 8.0 1.4 1.5 2.9 1.2 4.1 5.0 9.1 3.4 6.0 2.7
Segment Belarus 2.3 4.6 6.9 4.3 11.2 3.0 14.2 3.1 3.9 7.1 3.1 10.2 4.2 14.4 2.8 2.7 5.5 2.3 7.8 3.7 11.5 2.4 2.6 5.0 2.6 7.6 3.2 10.8 6.9 20.8 7.6
Segment Slovenia 1.1 1.0 2.1 1.1 3.3 1.4 4.6 1.4 1.3 2.6 1.4 4.0 1.7 5.7 1.9 1.5 3.3 1.4 4.7 2.1 6.8 0.6 0.7 1.4 0.6 2.0 0.6 2.6 1.0 2.1 1.1
Segment Serbia 1.0 1.0 1.9 1.0 2.9 1.2 4.1 1.5 1.2 2.7 1.5 4.2 1.4 5.7 1.6 1.5 3.1 1.7 4.8 1.6 6.3 0.4 0.4 0.7 0.5 1.2 0.5 1.7 0.7 1.9 1.2
Segment North Macedonia 0.4 0.1 0.5 0.1 0.6 0.1 0.8 0.3 0.1 0.4 0.1 0.5 0.4 1.0 0.2 0.2 0.3 0.2 0.5 0.9 1.5 0.2 0.4 0.5 0.2 0.7 0.2 0.9 0.6 1.0 0.5
Corporate, Others & Elimination -0.4 -0.9 -1.3 -0.9 -2.2 -1.1 -3.3 -1.0 -2.1 -3.1 -1.2 -4.3 -1.8 -6.1 -1.3 -1.0 -2.3 -1.7 -4.0 -1.9 -5.9 -1.3 1.4 0.0 -1.6 -1.6 -1.6 -3.1 -3.0 -6.6 -3.1
Other Operating Income 17.8 22.6 40.3 19.4 59.7 22.7 82.4 23.0 21.1 44.1 23.2 67.3 21.7 89.0 24.3 22.8 47.1 20.7 67.8 24.4 92.2 20.5 23.5 44.1 22.0 66.1 31.5 97.6 18.7 24.7 43.4 27.5 70.9 32.2 103.1 20.4 22.9 43.3
thereof international 7.0 8.9 15.9 9.0 24.9 9.8 34.7 9.0 11.4 20.4 12.1 32.5 10.8 43.3 13.9 11.8 25.7 8.7 34.3 13.2 47.6 7.9 7.9 15.8 7.5 23.3 12.0 35.3 7.5 11.2 18.7 10.3 29.0 17.2 46.2 8.3 10.6 18.9
Service Revenues Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Segment Austria 581.1 590.6 1,171.7 601.4 1,773.1 596.2 2,369.3 588.5 602.7 1,191.2 607.6 1,798.7 615.1 2,413.9 594.8 619.7 1,214.5 622.4 1,836.9 626.2 2,463.1 604.7 622.3 1,227.1 627.4 1,854.5 632.4 2,487.0 603.2 606.7 1,209.9 602.5 1,812.5 603.0 2,415.5 577.5 591.3 1,168.8
Segment Bulgaria 105.9 108.0 213.9 113.9 327.8 116.1 443.9 114.9 121.5 236.4 127.6 364.0 134.1 498.1 128.0 142.6 270.6 155.9 426.5 156.3 582.7 144.1 156.6 300.8 157.6 458.3 166.3 624.6 155.0 166.1 321.2 675.9 357.9
Segment Croatia 88.4 92.4 180.8 105.1 285.9 93.5 379.4 90.3 96.4 186.7 107.5 294.2 97.2 391.4 95.8 101.7 197.6 119.9 317.5 108.0 425.5 105.0 116.0 221.0 128.3 349.4 116.7 466.0 113.4 124.9 238.3 489.9 246.8
Segment Belarus 67.5 70.5 138.1 75.4 213.5 80.6 294.1 74.0 84.5 158.5 96.4 254.9 99.4 354.4 88.0 82.1 170.1 78.2 248.4 78.3 326.6 77.3 81.7 159.0 85.8 244.8 81.8 326.6 85.5 92.6 178.0 369.8 207.3
Segment Slovenia 38.2 38.4 76.5 39.4 116.0 38.9 154.8 38.7 39.1 77.8 42.3 120.1 43.6 163.8 44.3 45.0 89.3 45.9 135.2 44.1 179.3 43.4 43.6 87.1 45.5 132.6 44.8 177.3 43.8 44.5 88.3 178.6 93.5
Segment Serbia 55.0 57.9 112.9 63.1 176.0 63.6 239.5 60.3 63.8 124.1 68.8 192.9 67.2 260.1 65.0 68.3 133.4 74.9 208.3 71.4 279.7 69.2 77.7 146.8 83.0 229.8 79.5 309.2 76.8 80.1 156.9 326.2 172.8
Segment North Macedonia 25.2 25.8 51.0 28.4 79.4 27.7 107.1 27.0 28.1 55.0 30.6 85.7 29.4 115.1 28.8 30.2 59.0 32.8 91.8 32.2 124.0 32.5 32.7 65.2 35.4 100.6 34.2 134.8 33.8 35.4 69.2 145.1 72.2
Group 955.7 976.4 1,932.1 1,012.9 2,945.1 1,011.5 3,956.5 988.2 1,025.7 2,013.9 1,068.6 3,082.5 1,081.3 4,163.8 1,038.4 1,081.8 2,120.2 1,116.5 3,236.7 1,111.1 4,347.8 1,070.7 1,124.2 2,194.9 1,151.5 3,346.4 1,155.2 4,501.6 1,107.8 1,145.0 2,252.8 1,159.7 3,412.5 1,175.3 4,587.8 1,142.9 1,184.9 2,327.8
thereof international 379.9 392.4 772.4 423.6 1,195.9 419.7 1,615.7 410.4 438.9 849.3 478.4 1,327.7 478.8 1,806.5 456.2 476.8 933.0 513.1 1,446.2 498.0 1,944.2 478.3 516.7 995.0 543.2 1,538.2 534.3 2,072.4 517.5 553.8 1,071.2 577.3 1,648.5 584.2 2,232.7 577.1 606.6 1,183.7
Equipment Revenues Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Segment Austria 65.2 61.2 126.3 60.0 186.3 71.4 257.7 60.2 61.5 121.7 82.7 204.4 82.1 286.5 70.6 70.4 141.0 68.6 209.6 75.0 284.6 60.9 56.4 117.3 57.0 174.3 81.0 255.4 60.3 63.6 124.0 60.4 184.4 81.7 266.0 65.6 72.5 138.1
Segment Bulgaria 25.1 36.0 61.1 29.6 90.8 33.4 124.1 20.8 26.3 47.2 33.9 81.1 51.1 132.2 30.9 36.4 67.3 31.1 98.5 54.6 153.0 29.9 31.9 61.8 36.1 97.9 87.8 185.7 35.0 41.6 76.6 204.9 74.3
Segment Croatia 16.4 15.2 31.6 15.1 46.7 20.6 67.4 15.8 15.6 31.4 17.2 48.7 23.6 72.2 22.3 21.8 44.1 20.8 64.9 26.4 91.3 22.0 21.2 43.2 21.6 64.8 29.9 94.7 22.9 21.5 44.4 95.6 47.1
Segment Belarus 22.6 20.5 43.1 29.1 72.2 39.1 111.3 21.5 18.4 39.9 23.2 63.1 29.0 92.1 24.4 24.6 49.0 26.8 75.8 28.2 104.0 21.0 22.0 43.0 26.9 69.9 41.9 111.8 28.1 31.8 59.8 139.6 71.5
Segment Slovenia 12.1 11.8 23.9 13.5 37.4 13.1 50.4 11.9 12.9 24.8 14.2 39.0 14.1 53.1 15.8 13.0 28.8 12.5 41.3 14.8 56.1 12.4 12.4 24.7 12.3 37.1 13.1 50.2 12.6 11.9 24.5 52.9 24.7
Segment Serbia 14.7 15.8 30.5 19.1 49.6 22.0 71.6 19.2 20.7 39.9 23.5 63.4 27.4 90.8 24.7 22.1 46.8 22.7 69.6 26.9 96.4 23.3 18.8 42.1 18.6 60.7 26.1 86.8 20.9 21.9 42.9 93.7 49.7
Segment North Macedonia 5.9 6.2 12.1 6.5 18.6 8.1 26.7 5.9 6.2 12.1 5.7 17.8 7.5 25.3 6.4 6.2 12.6 5.8 18.3 7.8 26.1 6.3 5.3 11.5 7.5 19.1 9.0 28.1 7.9 7.7 15.6 32.3 17.7
Group 162.1 166.8 328.9 172.9 501.7 207.7 709.5 155.3 161.6 316.9 200.3 517.2 235.0 752.2 194.9 194.3 389.2 188.7 577.9 233.5 811.5 175.7 168.2 343.9 180.3 524.3 289.1 813.4 188.0 200.6 388.6 213.5 602.1 284.4 886.5 202.9 220.8 423.6
thereof international 96.8 105.5 202.2 112.9 315.1 136.2 451.3 95.2 100.3 195.4 117.6 313.0 153.0 466.1 124.3 124.2 248.5 120.7 369.3 158.7 528.0 114.9 111.9 226.7 123.4 350.1 208.0 558.1 127.6 136.9 264.5 153.3 417.8 202.9 620.7 137.2 148.2 285.5
EBITDA Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Segment Austria 228.9 249.2 478.1 279.1 757.2 233.9 991.1 244.6 258.5 503.0 292.2 795.2 244.8 1,040.0 231.8 269.5 501.3 286.1 787.4 276.4 1,063.8 236.0 272.4 508.4 276.8 785.2 254.1 1,039.2 227.6 248.8 476.4 267.8 744.2 244.0 988.2 222.5 253.6 476.1
Segment Bulgaria 55.6 55.4 111.0 56.9 167.9 50.4 218.3 59.3 63.3 122.6 67.9 190.5 63.8 254.4 68.4 79.6 147.9 82.6 230.5 73.2 303.7 76.9 88.1 165.0 85.1 250.1 90.5 340.6 177.6 371.1 194.8
Segment Croatia 35.7 39.3 75.1 50.7 125.8 29.9 155.7 38.0 40.4 78.4 52.4 130.9 30.0 160.8 40.1 44.6 84.7 60.9 145.6 43.2 188.8 49.2 58.9 108.1 68.8 176.9 47.3 224.2 119.7 239.2 122.2
Segment Belarus 42.0 45.0 87.1 47.2 134.3 46.2 180.5 47.5 52.4 99.9 60.1 160.0 58.7 218.8 52.8 48.3 101.1 46.8 148.0 43.9 191.9 44.9 23.8 68.7 53.8 122.5 73.4 195.8 109.8 231.0 120.1
Segment Slovenia 14.7 14.7 29.4 16.3 45.7 14.8 60.5 15.6 14.2 29.8 14.2 44.0 12.1 56.0 14.1 13.6 27.8 12.5 40.3 15.6 55.9 13.7 13.4 27.0 13.5 40.5 11.4 51.9 23.3 49.4 28.7
Segment Serbia 23.5 24.9 48.5 27.9 76.4 25.7 102.1 27.1 28.5 55.6 31.0 86.6 28.6 115.2 30.9 31.3 62.2 33.1 95.3 31.6 126.9 31.8 38.0 69.8 41.2 111.0 35.2 146.2 76.8 151.6 81.6
Segment North Macedonia 10.9 11.6 22.5 12.8 35.3 10.8 46.1 11.3 11.9 23.1 11.3 34.4 9.9 44.3 11.7 12.3 24.0 12.5 36.5 11.6 48.0 13.2 14.3 27.4 15.7 43.1 13.7 56.8 30.9 62.0 31.9
Corporate, Others & Elimination -13.2 -12.4 -25.6 -10.8 -36.3 -11.9 -48.2 -11.7 -12.1 -23.8 -11.8 -35.6 -15.8 -51.5 -13.8 -13.5 -27.2 -13.6 -40.8 -14.2 -55.0 -11.3 -4.6 -15.9 -7.3 -23.2 -10.2 -33.4 -15.2 -30.0 -11.9
Group 398.3 427.7 826.0 480.2 1,306.3 399.9 1,706.1 431.6 456.9 888.5 517.5 1,406.0 431.9 1,837.9 436.0 485.8 921.8 520.9 1,442.7 481.3 1,924.0 454.4 504.3 958.6 547.5 1,506.2 515.2 2,021.4 477.9 521.4 999.3 562.9 1,562.2 500.3 2,062.4 499.7 543.8 1,043.5
thereof international 182.5 190.9 373.5 211.8 585.3 177.9 763.2 197.4 209.7 407.1 235.6 642.7 200.5 843.2 216.2 228.7 444.9 247.7 692.6 218.8 911.4 228.2 236.7 464.9 278.3 743.2 273.0 1,016.3 258.3 279.4 537.7 300.1 837.8 267.9 1,105.7 283.1 297.1 580.2
EBITDA after leases Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Segment Austria 209.2 229.3 438.5 259.4 697.9 213.4 911.3 224.4 237.8 462.2 271.3 733.5 223.3 956.8 209.5 246.5 455.9 259.6 715.5 220.2 935.7 180.9 216.3 397.3 218.5 615.8 195.6 811.4 169.9 190.4 360.3 209.0 569.2 184.9 754.1 163.6 194.3 357.8
Segment Bulgaria 48.8 48.6 97.3 50.0 147.3 43.3 190.7 52.4 56.3 108.7 60.9 169.6 56.5 226.1 61.0 71.7 132.7 74.2 206.9 60.0 266.9 63.7 74.5 138.2 71.4 209.6 76.0 285.7 149.2 314.1 166.3
Segment Croatia 32.0 35.6 67.6 46.9 114.6 26.3 140.9 34.0 36.6 70.7 48.5 119.2 26.0 145.2 36.2 40.5 76.6 55.9 132.5 34.8 167.3 39.7 49.3 89.0 59.4 148.4 37.7 186.1 99.7 198.8 100.9
Segment Belarus 39.2 42.1 81.3 44.3 125.6 43.2 168.9 44.7 49.4 94.1 57.0 151.1 55.4 206.5 49.9 45.6 95.4 44.3 139.8 41.5 181.3 42.4 21.2 63.6 51.2 114.8 70.9 185.6 104.2 219.5 113.8
Segment Slovenia 10.0 10.0 19.9 11.6 31.6 10.2 41.8 10.8 9.3 20.1 9.4 29.4 7.3 36.7 9.1 7.4 16.6 6.4 23.0 7.2 30.1 5.4 5.0 10.4 5.5 15.9 3.9 19.8 6.7 17.2 12.8
Segment Serbia 19.4 21.0 40.4 23.8 64.2 21.9 86.1 23.3 24.6 47.9 27.0 74.9 24.5 99.4 26.8 27.3 54.1 28.3 82.4 22.3 104.6 21.8 27.9 49.8 30.9 80.7 24.2 104.9 56.2 109.8 60.6
Segment North Macedonia 9.4 10.0 19.4 11.3 30.7 9.2 39.9 9.7 10.2 19.9 9.7 29.7 8.3 37.9 10.1 10.8 20.9 10.8 31.7 8.7 40.4 10.3 10.5 20.8 12.5 33.2 10.6 43.8 24.6 49.5 25.8
Corporate, Others & Elimination -13.3 -12.5 -25.8 -10.8 -36.6 -12.0 -48.6 -11.9 -12.2 -24.1 -11.9 -36.0 -16.0 -52.0 -13.9 -13.6 -27.5 -13.8 -41.3 -14.4 -55.6 -11.3 -4.8 -16.1 -7.5 -23.7 -10.4 -34.1 -15.7 -31.1 -12.6
Group 354.7 384.0 738.7 436.5 1,175.2 355.7 1,530.9 387.4 412.0 799.4 471.8 1,271.2 385.3 1,656.5 388.7 436.1 824.7 465.7 1,290.4 380.2 1,670.6 353.0 399.8 752.9 442.0 1,194.8 408.4 1,603.2 371.2 413.9 785.1 454.8 1,239.9 392.0 1,631.9 391.5 434.0 825.4
thereof international 0.0 0.0 0.0 0.0 0.0 0.0 0.0 173.4 185.4 358.8 210.8 569.6 175.4 745.0 191.2 202.1 393.2 218.9 612.2 174.0 786.2 181.9 188.4 370.3 231.0 601.2 224.8 826.0 209.3 230.2 439.5 250.9 690.5 218.8 909.2 233.8 246.6 480.4
Operating Income Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q1-Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Group 163.3 187.4 350.7 243.8 594.6 158.9 753.4 194.2 219.0 413.2 272.9 686.2 185.0 871.2 194.9 240.6 435.5 274.1 709.7 201.1 910.8 177.5 218.2 395.8 254.5 650 211 861 183.7 217.0 400.7 265.1 665.8 186.0 852 197.5 238.9 436.4
International' on a reported basis Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024
Revenues 603.2 1,657.2 634.6 2,291.8 588.4 605.9 1,194.2 636.4 1,830.6 662.4 2,493.0 594.3 627.9 1,222.2 666.3 1,888.5 743.1 2,631.6
Service revenues 473.2 1,311.8 471.0 1,782.8 450.0 470.0 920.0 507.6 1,427.6 490.2 1,917.9 471.6 508.3 979.9 535.6 1,515.4 523.2 2,038.6
Equipment revenues 117.8 313.0 152.7 465.6 124.5 124.1 248.6 119.8 368.4 158.6 527.0 114.8 111.6 226.4 123.0 349.4 207.7 557.1
EBITDA 237.0 646.4 203.0 849.4 218.0 229.7 447.7 248.5 696.1 219.1 915.2 229.6 236.5 466.1 278.1 744.2 271.4 1,015.5
EBITDA after leases 212.4 573.8 329.1 751.7 193.1 203.2 396.3 219.8 616.1 174.5 790.6 183.4 188.3 371.7 230.9 602.7 223.3 826.0
*International' comprises the segments Bulgaria, Croatia, Belarus, Slovenia, Serbia and North Macedonia and since Q1 2025 also includes A1 Digital (A1 Group figures and figures for Austria remained unchanged) in this view. Numbers are provided on a proforma basis for 2024 to provide comparability. Reported figures until Q4 2024 are also provided.
1000000
3

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

CAPEX by Segment_h
Capital Expenditures by Segment
in EUR million
H1 2021 FY 2021 H1 2022 FY 2022 H1 2023 FY 2023 H1 2024 FY 2024 H1 2025 FY 2025 H1 2026
Segment Austria 252.6 496.0 229.9 572.4 312.9 590.0 321.7 524.5 230.1 445.3 214.7
Segment Bulgaria 55.5 102.9 48.5 108.0 56.7 137.5 71.6 121.3 59.5 113.0 51.5
Segment Croatia 32.5 96.1 40.2 84.2 152.1 205.6 45.7 79.1 39.9 80.0 41.7
Segment Belarus 16.5 40.4 16.4 38.6 16.6 25.3 7.0 54.4 16.1 30.4 16.1
Segment Slovenia 55.5 78.8 15.9 45.7 23.1 39.6 9.6 21.1 6.6 20.9 9.9
Segment Serbia 19.0 48.2 19.0 51.5 28.1 57.0 12.3 33.2 21.4 169.2 21.2
Segment North Macedonia 8.3 24.3 18.8 38.0 12.8 30.9 8.0 21.2 7.1 20.1 11.2
Corporate, Others & Elimination 2.4 4.7 2.0 6.0 3.7 6.7 4.3 9.7 6.8 10.2 7.2
Total Capital Expenditures 442.1 891.5 390.7 944.4 605.9 1,092.6 480.1 864.6 387.5 889.1 373.6

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

CustomerKPI_Group_h
Wireline H1 2022 FY 2022 H1 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Total Fixed RGUs (in '000) 6,133.9 6,203.8 6,248.6 6,270.7 6,267.2 6,282.9 6,282.9 6,292.6 6,352.5 6,352.5 6,378.8 6,394.9 6,394.9 6,412.3 6,460.2 6,460.2 6,498.1 6,540.4 6,540.4
thereof Voice (in '000) 1,754.9 1,727.3 1,693.0 1,651.4 1,620.6 1,595.0 1,595.0 1,571.3 1,547.5 1,547.5 1,518.3 1,487.5 1,487.5 1,460.0 1,432.9 1,432.9 1,409.3 1,388.0 1,388.0
thereof Broadband (in '000) 2,629.5 2,677.7 2,710.9 2,733.6 2,743.8 2,761.2 2,761.2 2,768.9 2,791.2 2,791.2 2,815.7 2,832.8 2,832.8 2,851.6 2,883.5 2,883.5 2,901.9 2,923.2 2,923.2
Total Access Lines (in'000) 3,325.9 3,344.6 3,347.9 3,354.3 3,348.7 3,345.4 3,345.4 3,349.5 3,369.1 3,369.1 3,371.3 3,372.0 3,372.0 3,377.5 3,405.0 3,405.0 3,425.5 3,446.5 3,446.5
ARPL (in EUR) 25.7 25.8 26.0 26.3 26.1 27.4 26.8 27.3 27.2 27.0 26.8 26.5 26.6 26.2 26.1 26.4 25.6 25.9 25.7
ARPL-relevant Revenues (in EUR million) 508.9 1,026.4 521.3 1,054.6 263.3 276.5 539.8 275.9 277.0 1092.7 271.1 267.9 539.0 265.6 265.3 1069.9 262.3 266.9 529.2
Wireless H1 2022 FY 2022 H1 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 H1 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 H1 2026
Total Mobile Subscribers (in '000) 23,274.6 23,897.5 24,485.9 25,245.1 25,440.5 25,949.2 25,949.2 26,666.3 27,122.5 27,122.5 27,587.7 28,306.2 28,306.2 29,289.4 30,179.1 30,179.1 31,035.6 32,122.2 32,122.2
thereof Postpaid (in '000) 19,352.5 20,075.9 20,679.5 21,512.2 21,817.7 22,233.2 22,233.2 22,735.5 23,446.7 23,446.7 24,021.5 24,701.1 24,701.1 25,415.5 26,617.8 26,617.8 27,556.0 28,627.9 28,627.9
ARPU (in EUR) 8.1 8.4 8.2 8.2 7.8 8.1 8.0 8.2 7.8 8.0 7.5 7.6 7.6 7.6 7.2 7.5 6.9 6.9 6.9
ARPU-relevant Revenues (in EUR million) 1,122.5 2,339.1 1,186.2 2,429.1 595.7 627.1 1,222.8 649.0 627.8 2,499.6 614.7 642.2 1,256.9 656.0 640.1 2,553.0 632.8 657.2 1,290.0
Total Churn Rate 1.3% 1.4% 1.3% 1.4% 1.3% 1.2% 1.2% 1.2% 1.5% 1.3% 1.2% 1.0% 1.1% 1.1% 1.4% 1.2% 0.9% 0.9% 0.9%
Postpaid Churn Rate 0.7% 0.7% 0.7% 0.7% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.5% 0.6% 0.6% 0.5% 0.6% 0.5% 0.4% 0.4%
Prepaid Churn Rate 4.1% 4.6% 4.5% 5.1% 5.3% 4.5% 4.9% 4.9% 7.0% 5.4% 5.3% 4.7% 5.0% 4.3% 7.3% 5.4% 4.7% 4.8% 4.7%
CustomerKPI by Segment_h
Customer KPIs by Segment
Total Fixed RGUs (in '000) Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 H1 2025 Q1-Q3 2025 FY 2025 Q1 2026 H1 2026
Group 6,073.4 6,133.9 6,134 6,153.4 6,153.4 6,203.8 6,203.8 6,220.3 6,248.6 6,248.6 6,249.9 6,250 6,270.7 6,271 6,267.2 6,282.9 6,282.9 6,292.6 6,292.6 6,352.5 6,352.5 6,378.8 6,394.9 6,412.3 6,460.2 6,378.8 6,540.4
Austria 3,141.2 3,115.4 3,115.4 3,095.1 3,095.1 3,068.4 3,068.4 3,019.0 2,994.5 2,995 2,970.7 2,970.7 2,946.3 2,946 2,916.8 2,891.9 2,891.9 2,871.5 2,872 2,847.3 2,847 2,806.6 2,782.2 2,782.2 2,754.1 2,754.1 2,727.4 2,727.4 2,689.4 2,656.1 2,619.6 2,582.6 2,689.4 2,508.0
International 3,054.4 3,139.3 3,139.3 3,182.8 3,182.8 3,257.5 3,257.5 3,303.6 3,356.7 3,356.7 3,378.4 3,378.4 3,423.4 3,423.4 3,460.6 3,500.7 3,500.7 3,538.5 3,538.5 3,625.1 3,625.1 3,689.4 3,738.9 3,792.7 3,877.6 3,689.4 4,032.4
Bulgaria 1,089.4 1,099.7 1,099.7 1,102.9 1,102.9 1,121.2 1,121.2 1,127.9 1,147.6 1,147.6 1,158.9 1,158.9 1,176.9 1,176.9 1,183.7 1,201.9 1,201.9 1,217.8 1,217.8 1,238.1 1,238.1 1,253.1 1,274.2 1,274.2 1,302.0 1,302.0 1,343.0 1,343.0 1,457.7
Croatia 669.3 667.8 667.8 673.3 673.3 681.5 681.5 690.0 696.0 696 698.4 698 706.0 706 716.4 726.3 726 723.5 723.5 721.2 721 723.6 727.6 727.6 722.1 722.1 721.8 721.8 712.1
Belarus 643.8 650.7 650.7 637.5 637.5 651.8 651.8 664.1 717.9 717.9 742.6 742.6 790.7 790.728 822.4 846.3 846.3 859.4 859.4 891.0 891.0 914.3 930.6 930.6 945.9 945.9 972.1 972.1 1,090.0
Slovenia 214.5 213.2 213.2 219.2 219.2 220.4 220.4 220.0 221.7 221.7 224.9 224.9 224.3 224.3 221.5 221.6 221.6 215.3 215.3 208.0 208.0 203.3 200.2 200.2 198.3 198.3 214.6 214.6 211.1
Serbia ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! ERROR:#VALUE! 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26.0
North Macedonia 341.7 344.1 344.1 345.7 345.7 351.2 351.2 352.9 356.2 356.2 358.1 358.1 359.8 359.8 359.6 360.6 360.6 362.3 362.3 365.2 365.2 366.3 368.2 368.2 370.2 370.2 373.6 373.6 380.7
Total Mobile Subscribers (in '000) Q1 2021 Q2 2021 H1 2021 Q3 2021 Q1-3 2021 Q4 2021 FY 2021 Q1 2022 Q2 2022 H1 2022 Q3 2022 Q1-3 2022 Q4 2022 FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 H1 2025 Q1-Q3 2025 FY 2025 Q1 2026 H1 2026
Group 22,921.2 23,274.6 23,275 23,775.7 23,775.7 23,897.5 23,897.5 24,116.4 24,485.9 24,485.9 25,131.3 25,131 25,245.1 25,245 25,440.5 25,949.2 25,949.2 26,666.3 26,666.3 27,122.5 27,122.5 27,587.7 28,306.2 29,289.4 30,179.1 27,587.7 32,122.2
Austria 5,112.5 5,113 5,147.8 5,147.8 5,157.3 5,157.3 5,147.6 5,134.2 5,134.2 5,142.0 5,142 5,126.6 5,127 5,097.5 5,102.3 5,102.3 5,120.9 5,120.9 5,130.9 5,130.9 5,143.4 5,155.6 5,172.5 5,201.6 5,143.4 5,220.7
International* 18,162.1 18,162 18,627.9 18,627.9 18,740.2 18,740.2 18,968.8 19,351.7 19,351.7 19,989.3 19,989 20,118.6 20,119 20,343.0 20,846.9 20,846.9 21,545.4 21,545.4 21,991.6 21,991.6 22,444.3 23,150.6 24,116.9 24,977.5 22,444.3 26,901.5
Bulgaria 3,788.3 3,788 3,829.4 3,829.4 3,770.2 3,770.2 3,774.0 3,779.5 3,779.5 3,814.1 3,814 3,776.8 3,777 3,732.8 3,758.3 3,758.3 3,822.9 3,822.9 3,846.9 3,846.9 3,945.1
Croatia 2,031.7 2,032 2,071.1 2,071.1 2,015.6 2,015.6 2,010.6 2,082.2 2,082.2 2,158.1 2,158 2,072.3 2,072 2,109.6 2,184.1 2,184.1 2,251.2 2,251.2 2,157.6 2,157.6 2,207.5
Belarus 4,889.1 4,889 4,912.4 4,912.4 4,895.4 4,895.4 4,876.5 4,888.2 4,888.2 4,914.6 4,915 4,897.0 4,897 4,884.0 4,917.0 4,917.0 4,959.2 4,959.2 4,932.7 4,932.7 4,974.4
Slovenia 701.7 702 707.7 707.7 711.3 711.3 712.5 710.3 710.3 708.9 709 707.4 707 706.2 701.0 701.0 718.2 718.2 722.8 722.8 756.7
Serbia 2,459.3 2,459 2,461.0 2,461.0 2,431.1 2,431.1 2,398.2 2,409.4 2,409.4 2,446.4 2,446 2,438.3 2,438 2,411.3 2,391.6 2,391.6 2,402.5 2,402.5 2,368.0 2,368.0 2,442.4
North Macedonia 1,098.8 1,099 1,143.5 1,143.5 1,100.8 1,100.8 1,094.8 1,105.3 1,105.3 1,172.6 1,173 1,119.0 1,119 1,113.2 1,110.2 1,110.2 1,192.8 1,192.8 1,130.6 1,130.6 1,136.6
Total churn rate FY 2022 Q1 2023 Q2 2023 H1 2023 Q3 2023 Q1-3 2023 Q4 2023 FY 2023 Q1 2024 Q2 2024 H1 2024 Q3 2024 Q1-Q3 2024 Q4 2024 FY 2024 Q1 2025 H1 2025 Q1-Q3 2025 FY 2025 Q1 2026 H1 2026
Group 1.4% 1.3% 1.4% 1.2% 1.3% 1.1% 1.2% 0.9%
Austria 1.1% 1.2% 1.2% 1.3% 1.3% 1.3% 1.3% 1.2%
International 1.4% 1.3% 1.4% 1.3% 1.3% 1.1% 1.2% 0.9%
Bulgaria 1.8% 1.9% 2.1% 1.9% 2.0% 1.9% 1.9%
Croatia 2.1% 1.9% 2.6% 2.4% 2.9% 2.5% 3.1%
Belarus 1.1% 1.1% 1.0% 0.9% 0.9% 0.8% 0.8%
Slovenia 1.3% 1.3% 1.3% 1.5% 1.3% 1.1% 1.1%
Serbia 2.6% 2.1% 2.0% 2.1% 2.1% 2.0% 1.9%
North Macedonia 1.6% 1.3% 1.7% 1.4% 1.9% 1.4% 1.8%
*International including A1 Digital

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

Final remarks
Contact information for investors
Susanne Aglas Reindl
Head of Investor Relations
Tel.: +43 (0) 50 664 47500
E-mail: Investor.relations@a1.group
Disclaimer
This document has been carefully prepared and all information has been carefully checked. Nevertheless, the possibility of layout and printing errors cannot be excluded. The use of automated calculation systems may result in rounding differences. This document does not constitute a recommendation or invitation to buy or sell any securities of the A1 Group.

&G

&"Trebuchet MS,Standard"&10A1 Group &"Trebuchet MS,Fett"&10&KEF4E23&P

mailto:Investor.relations@a1.group

Earlier from Telekom Austria

All Telekom Austria news releases