Telekom Austria AG — Earnings Release 2012

Nov 14, 2012

Adhoc service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0

publication: 14.11.2012 07:00 source: http://adhoc.pressetext.com/news/1352872800758 PDF: http://adhoc.pressetext.com/news/media/1352872800758 keywords: Results / 3. Quarter 2012 / first nine months 2012

Adhoc announcement according to article 48d section 1 BörseG

Telekom Austria AG: Results for the First Nine Months 2012

Vienna (pta007/14.11.2012/07:00) - Highlights

Group revenues decline by 3.8% primarily due to pricing and regulatory pressure on the mobile businesses in Austria and Bulgaria

Almost stable revenues in Croatia and Belarus as well as top line growth in the Additional Markets segment

Strong fixed line performances in Austria, Bulgaria and Croatia

OPEX savings of net EUR 86.7 million limit the decline of Group EBITDA comparable at 4.5% and keep the margin almost stable

EBITDA comparable growth in Croatia and Additional Markets

Group Outlook 2012 reiterated: Revenues approximately EUR 4.2 bn, EBITDA comparable EUR 1.40 bn to EUR 1.45 bn, CAPEX* EUR 0.70 bn to EUR 0.75 bn, Operating Free Cash Flow** EUR 0.70 bn to EUR 0.75 bn

Expected dividend per share of EUR 0.05 for 2012 and 2013

in EUR million	Q3 2012	Q3 2011	% change	1-9 M 2012	1-9 M 2011	% change
Revenues	1,093.7	1,111.4	-1.6%	3,212.0	3,338.7	-3.8%
EBITDA comparable	410.4	412.9	-0.6%	1,136.6	1,190.4	-4.5%
Operating income	177.0	166.1	6.5%	388.1	208.8	85.9%
Net income	99.2	127.9	-22.5%	180.1	68.7	162.1%
Earnings per share (in EUR)	0.22	0.29	-22.6%	0.41	0.16	161.7%
Free cash flow per share (in EUR)	0.37	0.44	-15.6%	0.70	0.86	-18.5%
Capital Expenditures	158.4	177.8	-10.9%	489.4	454.9	7.6%
in EUR million				Sept 30, 2012	Dec. 31, 2011	% change
Net Debt				3,261.5	3,380.3	-3.5%

Net		2.2x	2.2x
Debt/EBITDA
comparable
(12 months)
excluding
restructuring
program

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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.

* Does not include investments for licenses and spectrum and acquisitions

** Operating Free Cash Flow = EBITDA comparable - CAPEX (excluding investments for licenses and spectrum and acquisitions)

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

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