EANS-Adhoc: Results for the First Nine Months and the Third Quarter 2013
14.11.2013 – 07:01
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- other 14.11.2013 Vienna, 14 November 2013: Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its results for the first nine months and the third quarter 2013, ending 30 September 2013. Highlights for the First Nine Months 2013 > Group revenues down 2.6% year-on-year as growth in Belarus and in the Additional Markets segments partly mitigates decline in Austria, Bulgaria and Croatia > Gross cost savings of EUR 112.9 mn cannot offset an increase in operating expenses in Austria and the Additional markets segment > Lower revenues and higher costs for acquisition and retention stemming from the high-value customer segment lead to a Group EBITDA comparable decline of 9.8% > While overall revenues still decline by 3.6% in Austria, the high-value focus and convergence strategy continue to yield encouraging results > International businesses see revenues fall by 2.4% due to challenging macro-economic trends and regulatory burdens > FY 2013 Group guidance unchanged: Revenues of approx. EUR 4.1 bn, CAPEX* of EUR 650 - 700 mn and an intended dividend of EUR 0.05/share in EUR million Q3 2013 Q3 2012 % change 1-9M 2013 1-9M 2012 % change Revenues 1,036.0 1,093.7 -5.3% 3,128.3 3,212.0 -2.6% EBITDA comparable 357.9 410.4 -12.8% 1,025.1 1,136.6 -9.8% Operating income 121.5 177.0 -31.4% 344.7 388.1 -11.2% Net income 51.3 99.2 -48.3% 159.2 180.1 -11.6% Earnings per share (in EUR) 0.10 0.22 -56.9% 0.31 0.41 -24.0% Free cash flow per share (in EUR) 0.30 0.37 -20.4% 0.69 0.70 -2.4% Capital expenditures 167.6 158.4 5.8% 493.0 489.4 0.7% in EUR million 30 Sept 2013 31 Dec 2012 % change Net debt 2,708.8 3,248.9 -16.6% Net debt / EBITDA comparable (12 months) 2.0x 2.2x All financial figures are based on IFRS; if not stated otherwise, all comparisons are given year-on-year. EBITDA comparable is defined as net income excluding financial result, income tax expense, depreciation and amortisation, restructuring and impairment charges. * Does not include investments for spectrum nor acquisitions. The earnings release is available here: http://www.telekomaustria.com/dateien/results-qu3-2013.pdf For further information, please see here: http://www.telekomaustria.com/ir/current-results.php Disclaimer for forward-looking statements: This document contains forward-looking statements. These forward-looking statements are usually accompanied by words such as "believe", "intend", "anticipate", "plan", "expect" and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither Telekom Austria nor any other person accepts any liability for any such forward-looking statements. Telekom Austria will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This report does not constitute a recommendation or invitation to purchase or sell securities of Telekom Austria. Further inquiry note: Matthias Stieber Director Investor Relations Tel.: +43 (0) 50 664 39126 mailto:matthias.stieber@telekomaustria.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Telekom Austria AG Lassallestrasse 9 A-1020 Wien mail: investor.relations@telekomaustria.com WWW: www.telekomaustria.com/ir sector: Telecommunications ISIN: AT0000720008 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English