Telekom Austria AG — Earnings Release 2012

Aug 16, 2012

publication: 16.08.2012 07:00 source: http://adhoc.pressetext.com/news/1345093200602 keywords: Half Year / Second Quarter / 2012

Adhoc announcement according to article 48d section 1 BörseG

Telekom Austria AG: Results for the First Half 2012

Vienna (pta005/16.08.2012/07:00) - Highlights

First half of 2012 results markedly impacted by heavy competition in major markets and macro-economic headwinds in CEE

Almost stable Group EBITDA comparable margin reflects effective countermeasures taken in all segments

Group Revenues decline by 4.9% to EUR 2,118.3 mn mostly due to lower revenues in the Austrian segment

Intensified focus on cost control results in cost savings amounting to EUR 68.7 mn and dampens revenue pressure on Group EBITDA comparable

New Ambition Program: rebalancing of initiatives protects target amount of approximately EUR 40 mn operating Free Cash Flow* target for 2012

Revised Group Guidance 2012:

• 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 EUR 0.75 bn

Dividend per share of EUR 0.38*** for 2012

in EUR million	Q2 2012	Q2 2011	% change	1-6 M 2012	1-6 M 2011	% change
Revenues	1,063.2	1,109.3	-4.2%	2,118.3	2,227.3	-4.9%
EBITDA comparable	364.8	380.8	-4.2%	726.2	777.6	-6.6%
Operating income	99.1	85.0	16.6%	211.1	42.7	n.m.
Net income	34.0	20.0	70.5%	80.9	-59.2	n.a.
Earnings per share (in EUR)	0.08	0.05	70.6%	0.18	-0.13	n.a.
Free cash flow per share (in EUR)	0.22	0.35	-36.7%	0.33	0.42	-21.7%
Capital Expenditures	185.1	156.7	18.1%	330.9	277.1	19.4%

in EUR million		30. June 2012	31. Dec 2011	% change
Net Debt		3,417.4	3,380.3	1.1%
Net		2.3x	2.2x
Debt/EBITDA
comparable
(12 months)
excluding
restructuring
program

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

** Does not include investments for licenses and spectrum and acquisitions

*** Intension of proposal at AGM 2013

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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