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Telekom Austria AG Earnings Release 2011

Nov 14, 2011

762_iss_2011-11-14_72222032-e300-4e8a-a927-9b93b072400b.pdf

Earnings Release

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publication: 14.11.2011 07:00 source: http://adhoc.pressetext.com/news/1321250400889 keywords: Quarterly result / Outlook / Dividend / Results for the first nine months

Adhoc announcement according to article 48d section 1 BörseG

Telekom Austria AG: Results for the first nine months 2011

Results for the third quarter 2011

Vienna, Austria (pta006/14.11.2011/07:00) - Highlights

Demand for fixed broadband and product bundles drives fixed access line

growth of 11,700 lines in Austria

Mobile broadband, smartphones and no frills drive mobile subscriber growth in

all operations

Further convergence milestone: B.net cable acquisition in Croatia

Group revenue decline and lower Group EBITDA comparable mainly driven by competition in Austria and FX devaluation in Belarus

In Q3 2011 slight rise in Group revenues and almost stable Group EBITDA comparable excluding FX translation effects due to strong operational performance and strict focus on cost control

Subscriber growth and increased usage translate into strong revenue and EBITDA comparable growth in the Additional Markets segment

Guidance 2011 reiterated: Group revenues approximately EUR 4.50 bn, Group EBITDA comparable up to EUR 1.55 bn

Dividend floor of EUR 0.76 reiterated for the years 2011 and 2012

in EUR
million
Q3 2011 Q3 2010 % change 1-9 M 2011 1-9 M 2010 % change
Revenues 1,111.4 1,185.4 -6.2% 3,338.7 3,480.1 -4.1%
EBITDA
comparable
412.9 449.1 -8.1% 1,190.4 1,292.5 -7.9%
Operating
income
166.1 176.0 -5.6% 208.8 476.4 -56.2%
Net income 127.9 96.5 32.5% 68.7 256.5 -73.2%
Earnings per
share (in
EUR)
0.29 0.22 32.7% 0.16 0.58 -73.2%
Free cash
flow per
share (in
EUR)
0.44 0.51 -13.9% 0.86 1.36 -36.5%
Capital
Expenditures
177.8 146.8 21.1% 454.9 443.3 2.6%
in EUR
million
Sept. 30,
2011
Dec. 31,
2010
% change
Net Debt 3,488.6 3,305.2 5.5%
Net 2.3x 2.0x
Debt/EBITDA
comparable
(12 months)
excluding
restructuring
program

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 amortization, restructuring and impairment charges.

The full report and further information is available on our website under http://www.telekomaustria.com/ir/publications-cc-en.php http://www.telekomaustria.com/ir/publications-cc-en.php

emitter: Telekom Austria AG
Lassallestrasse 9
1020 Wien
Austria
contact person: Matthias Stieber
phone: +43 (0)50 664 39126
e-mail: [email protected]
website: www.telekomaustria.com
ISIN(s): AT0000720008 (share)
stock exchanges: official trade in Vienna

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