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Telekom Austria AG — Earnings Release 2011
May 11, 2011
762_iss_2011-05-11_d3f2891c-8e41-4e08-be23-031139a3172c.pdf
Earnings Release
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EANS-Adhoc: Telekom Austria AG / Results for the First Quarter 2011
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.
Results for the First Quarter 2011 Highlights
Continued strong demand for fixed and mobile broadband as well as for smartphones allow a Groupwide mobile broadband subscriber growth of 51.1%
Fixed access line growth of 7,300 lines in the first quarter 2011
Continued slow down of Group revenue decline to 0.7% to EUR 1,118.0 mn despite a challenging macro-economic environment, fierce competition and regulatory pressure
Group EBITDA comparable, which excludes restructuring and impairment charges, declines by 7.1% to EUR 396.7 million
High acceptance of the restructuring program prompts a restructuring charge in the amount of EUR 184.1 million leading to a net loss of EUR 79.2 million in the first quarter of 2011
Lower investments in Croatia an Belarus lead to a reduction of capital expenditures of 11.7% to EUR 120.4 mn
Outlook 2011 reiterated: Revenues of up to EUR 4.60 bn, EBITDA comparable of up to EUR 1.60 bn and CAPEX of up to EUR 800 mn
Dividend floor of EUR 0.76 reiterated for the years 2011 and 2012
in EUR million Q1 2011 Q1 2010 % change Revenues 1,118.0 1,126.0 -0.7% EBITDA comparable 396.7 426.8 -7.1% Operating income -42.3 166.3 n.a. Net income -79.2 91.2 n.a. Earnings per share (in EUR) -0.18 0.21 n.a. Free cash flow per share (in EUR) 0.07 0.37 -81.8% Capital Expenditures 120.4 136.4 -11.7%
in EUR million March 31,2011 Dec. 31,2010 % change Net Debt 3,343.2 3,305.2 1.1% Net Debt/EBITDA comparable (12 months) excluding restructuring program 2.1x 2.0x
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 at www.telekomaustria.com/ir/current-results.php
Further inquiry note: Matthias Stieber Director Investor Relations Telekom Austria Group Tel.: +43 (0)50 664 39126 Email: [email protected] issuer: Telekom Austria AG Lassallestrasse 9
A-1020 Wien
mail: [email protected] WWW: www.telekomaustria.com/ir sector: Telecommunications ISIN: AT0000720008 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English
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