RESULTS FOR THE Q1 2018
Telia Lietuva, AB Group
TELIA LIETUVA PROVIDES TELECOMMUNICATION, IT & TV SERVICES IN LITHUANIA FROM A SINGLE POINT
TELIA LIETUVA MEANS:
Wide range of services
The most developed networks
Modern data centres
Everything from a single point
TELIA LIETUVA MEANS:
Customer care 24/7/365
Quality of operations' management confirmed by ISO certificates
Team of 3,000 professionals
Sustainable and responsible business
WE ARE PART OF TELIA COMPANY GROUP
OUR PURPOSE: BRINGING THE WORLD CLOSER – ON THE CUSTOMER'S TERMS
We dare to: We care for: We simplify:
- our customers
- each other
-
our world
-
execution
- teamwork
- our operations
TELIA LIETUVA GROUP
| Telia Customer Service LT, UAB |
100 % |
| UAB Verslo Investicijos |
100 $\frac{1}{2}$ |
| Telia Global Services Lithuania, UAB |
100 $\frac{1}{2}$ |
| Všļ Numerio Perkėlimas |
50 % |
| UAB Mobilieji Mokėjimai |
33.3 % |
- Telia Lietuva provides integrated mobile and fixed communication and IT services
- Telia Customer Service LT provides contact center services to customers of Telia Lietuva and Directory Inquiry services 118
- Verslo Investicijos implements an investment project in Vilnius, at Lvovo str. 21A
- Telia Global Services Lithuania (till 30-01-2018 was named UAB Kompetencijos Ugdymo Centras) is a base for establishment of shared services center
- Numerio Perkėlimas administers the central database to ensure telephone number portability in Lithuania (Tele2 and Bitė Lietuva owns 25% each)
- Mobilieji Mokėjimai creates a platform for instant payments (Tele2 and Bitė Lietuva owns 33.3% each)
HIGHLIGHTS OF Q1 2018
- More than 10 thousand customers have used the unique in the market converged offer "Telia One"
- The Company presented "Super VDSL" (S-VDSL) technology, which provides up to 250 Mbps Internet via copper lines
- IT competence centre opened in Šiauliai
- Telia Lietuva received a certificated from SAP, which allows to serve the IT systems of the largest enterprises
- The Company singed a contract with Šiaulių Bankas for management of computerized work places
- The Board proposed to pay EUR 0.07 dividend per share for the year 2017
- Telia Lietuva was granted the award of The Company of the Centenary in Lithuania by Investors' Forum
OPERATING FIGURES
NUMBER OF EMPLOYEES
ELECTRONIC COMMUNICATIONS MARKET OF LITHUANIA
WE ARE OPERATING IN GROWING TELCO MARKET (EUR million)
+3.8%
BREAKDOWN OF THE TELECOMMUNICATIONS MARKET REVENUE BY OPERATORS FOR Q4 2017 (%)
TELIA LIETUVA MARKET SHARES IN TERMS OF REVENUE (%)
MARKET: THE FASTEST GROWTH IN USAGE OF DATA
Increasing usage of mobile data
(uploaded/downloaded 59,929 million MB of data per quarter)
Growing number of FTTH/B connections
(accounts for 71% of all fixed Internet connections)
Growing number of IPTV users
(accounts for 32% of all pay-TV service users)
MARKET PENETRATION PER 100 INHABITANTS
mobile communications subscribers
fixed telephony lines
broadband Internet access
pay-TV subscribers (households)
OPERATING AND FINANCIAL RESULTS
CONTINOUS GROWTH IN NUMBER OF IPTV AND FTTH USERS
Number of TV service users (thousands)
Number of broadband Internet users (thousands)
NUMBER OF MOBILE POST-PAID SERVICE USERS IS GROWING
Mobile communication users (thousands)
Number of fixed telephone lines (thousands)
REVENUE, EBITDA & NET PROFIT (EUR million)
NOTE. Financial data for 2017 is recalculated due to introduction of IFRS 15 from 1 January 2018
DYNAMICS OF MAIN FINANCIAL INDICATORS (EUR million)
Q1 2018 REVENUE BREAKDOWN
REVENUE BY SERVICES (EUR million)
NOTE. Financial data for 2017 is recalculated due to introduction of IFRS 15 from 1 January 2018
OPERATING EXPENSES (EUR million)
- During January-March 2018, total assets decreased by 2.2%
- Non-current assets amounted to 76.2% of total assets (31-03-2018)
- Cash alone amounted to 3.7%
- Return on capital employed: 12.6%
- Return on average assets: 10.4%
EQUITY AND LIABILITIES (EUR million)
- Shareholders' equity amounted to 57.2% of the total assets (31-03-2018)
- Total borrowings amounted to EUR 154 million (31-03-2018)
- Gearing ration: 42%
- Debt to equity: 48.5%
- Return on equity: 17.6%
CASH FLOW & NET DEBT (EUR million)
NOTE. Financial data for 2017 is recalculated due to introduction of IFRS 15 from 1 January 2018
CAPEX & CAPEX BREAKDOWN IN Q1 2018
DIVIDENDS
Consolidated earnings per share (EUR) Dividend per share (EUR)
- Earnings and dividends till 2014 were allocated to 776,817,518 shares, from 2014 – to 582,613,138 shares
- On 17 November 2014 shareholders got 0.072 euro per share payment due to reduction of authorized capital
- The Board set a target to maintain the Company's net debt to EBITDA ratio not higher than 1.5 and to pay out up to 80 per cent of free cash flow as dividend
- According to the Law, dividends should be paid from retained earnings of the Parent company
- As of 31 December 2017, audited retained earnings of the Parent company amounted to EUR 116.7 million
- The Board proposed to the AGM, that will take place on 25 April 2018, to decide on payment of dividend of 0.07 euro per share for the year 2017
SHARES AND SHAREHOLDERS
SHAREHOLDERS
- Telia Company AB (Sweden) is the largest shareholder of Telia Lietuva, AB
- The Company's share capital consist of 582,613,138 ordinary registered shares of EUR 0.29 nominal value each
- On 24 October 2014, authorized capital was reduced by LTL 194 million (EUR 56.2 million) and accordingly number of voting shares was reduced from 776,817,518 to 582,613,138
- The total number of Telia Lietuva shareholders exceeds 11 thousand
Shareholders as of 31-03-2018
|
Part
of shares and votes |
| Telia Company AB |
88.15% |
| Other |
11.85% |
SHARES
- Since June 2000, the Company's shares are listed on Nasdaq Vilnius stock exchange (ticker: TEL1L)
- Since January 2011, the Company's shares were included into the trading lists of a few German stock exchanges (ticker: ZWS)
- Turnover on Nasdaq Vilnius stock exchange during January–March 2018: 2.5 million of shares or EUR 2.6 million
- Share price on Nasdaq Vilnius:
|
EUR |
| 01-01-2018 |
0.966 |
| High |
1.150 |
| Low |
0.956 |
| 31-03-2018 |
1.140 |
Market capitalization (EUR million)
TRADING IN THE COMPANY'S SHARES ON NASDAQ VILNIUS STOCK EXCHANGE IN 2018
THE COMPANY SHARE PRICE AND NASDAQ VILNIUS INDEXES COMPARISON
CORPORATE GOVERNANCE
GOVERNING BODIES
- The Annual General Meeting of Shareholders will be held on 25 April 2018
- The Board consist of 6 members elected for the 2 year term
- Stefan Block, Ole Stenkil, Inga Skisaker and Rolandas Viršilas resign from the Board as of 24 April 2018
- Agneta Wallmark, Hannu-Matti Mäkinen, Tomas Balžekas and Mindaugas Glodas (the last both as independent member of the Board) are nominees for election to the Board for the current term of the Board
- 3 members of the Board comprise Audit and Remuneration Committees
- UAB Deloitte Lietuva is proposed for election as the Company's independent auditor for the year 2018 and 2019
- The Board elects and recalls CEO
BOARD
Henriette Wendt (born in 1969), Chairwoman of the Board, represents Telia Company AB, Chairwoman of the Remuneration Committee
Ole Stenkil (born in 1973), Member of the Board, represents Telia Company AB, Member of the Audit Committee
Stefan Block (born in 1967), Member of the Board, represents Telia Company AB, Chairman of the Audit Committee
Inga Skisaker (born in 1971), Independent member of the Board, Member of the Audit Committee
Claes Nycander (born in 1963), Member of the Board, represents Telia Company AB, Member of the Audit Committee
Rolandas Viršilas (born in 1963), Independent member of the Board, Member of the Remuneration Committee
- Stefan Block, Ole Stenkil, Inga Skisaker and Rolandas Viršilas resign from the Board as of 24 April 2018
- Rolandas Viršilas has 75,000 shares of Telia Lietuva, other members of the Board have no direct interest in the share capital of Telia Lietuva
GOVERNING STRUCTURE VALID FROM 15 DECEMBER 2017
CEO
Business to Business (B2B)
Business to Consumer (B2C)
Technology
Finance
Human Resources
Legal and Corporate Affairs
Marketing and Communication
Business Development
Operational Excellence
MANAGEMENT TEAM
Kęstutis Šliužas, CEO
Resources
Mindaugas Ubartas, Head of B2B
Ramūnas Bagdonas, Head of Human Giedrė Kaminskaitė–Salters, General Counsel & Head of Public Affairs
Haval van Drumpt, Head of B2C
Vaida Jurkonienė, Head of Marketing & Communication
Andrius Šemeškevičius, Head of Technology
Mantas Goštautas, Head of Business Development
Laimonas Devyžis, Head of Finance
Vytautas Bučinskas, Head of Operational Excellence
PRINCIPLES THAT WE FOLLOW
Anti-bribery and corruption Freedom of
expression
Customer privacy Occupational health and safety
Responsible procurement
Environmental responsibility
Children safety online
ALL IN APPROACH
Connecting the unconnected
A healthy and safe society
Education for all Digital
entrepreneurship and innovation
#VISAKOTINKLAS