RESULTS FOR THE 12 MONTHS OF 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 almost 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 |
$100$ % |
| Všl Numerio Perkėlimas |
50 $\frac{1}{2}$ |
| UAB Mobilieji Mokėjimai |
33.3% |
- Telia Lietuva provides integrated mobile and fixed communication and IT services
- Telia Customer Service LT remotely takes care of Telia Lietuva customers and provides Directory Inquiry services 118
- Numerio Perkėlimas administers the central database to ensure telephone number portability in Lithuania (Tele2 and Bitė Lietuva owns 25% each)
- Mobilieji Mokėjimai operates a platform for instant payments (Tele2 and Bitė Lietuva owns 33.3% each)
HIGHLIGHTS OF Q4 2018
- In December, Telia Lietuva started a new era of 5G connectivity in Lithuania by demonstrating an impressive record of 1.8 Gbps speed in active network
- In October, the Company divested in UAB Verslo Investicijos, a 100% owned subsidiary, that was implementing an investment project in Vilnius
- In November, Emil Nilsson was elected to the Board of the Company and became Chairman of the Board following resignation of Henriette Wendt
- New organizational structure of the Company was approved and implemented as of 1 January 2019
- Birutė Eimontaitė appointed as a Head of Communication and Giedrė Kaminskaitė-Salters – Head of Direct & Digital Channels
OPERATING FIGURES
thousand of mobile service users
1,389
thousand of broadband Internet (excl. Wi-Fi) connections
thousand of IPTV service users
230
9.0%
354
14.9%
thousand of fixed telephone lines in service
NUMBER OF EMPLOYEES
ELECTRONIC COMMUNICATIONS MARKET OF LITHUANIA
WE ARE OPERATING IN GROWING TELCO MARKET (EUR million)
+2.2%
BREAKDOWN OF THE TELECOMMUNICATIONS MARKET REVENUE BY OPERATORS FOR Q3 2018 (%)
TELIA LIETUVA MARKET SHARES IN TERMS OF REVENUE (%)
MARKET: THE FASTEST GROWTH IN USAGE OF DATA
mobile data
(uploaded/downloaded 80,605 million MB of data per quarter)
FTTH/B connections
(accounts for 73% of all fixed Internet connections)
IPTV users
(accounts for 36.8% of all pay-TV service users)
MARKET PENETRATION PER 100 INHABITANTS
mobile communications subscribers
fixed telephony lines (households)
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)
DYNAMICS OF MAIN FINANCIAL INDICATORS (EUR million)
NOTE. Financial data for 2017 is recalculated due to introduction of IFRS 15 from 1 January 2018
12 MONTHS OF 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-December 2018, total assets decreased by 1.1%
- Non-current assets amounted to 75.2% of total assets (31-12-2018)
- Cash alone amounted to 5.1%
- Return on capital employed: 13.8%
- Return on average assets: 11.3%
EQUITY AND LIABILITIES (EUR million)
- Shareholders' equity amounted to 56.9% of the total assets (31-12-2018)
- Total borrowings (31-12-2018) amounted to EUR 161.6 million: EUR 127.5 million – bank loans, EUR 10 million – internal Group loan, EUR 21 million – vendor financing and EUR 3.1 – financial lease.
- Gearing ration: 41.6%
- Debt to equity: 50.5%
- Return on equity: 17.7%
CASH FLOW & NET DEBT (EUR million)
CAPEX & CAPEX BREAKDOWN FOR 9 MONTHS OF 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 2018, retained earnings of the Parent company amounted to EUR 131.6 million
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 is almost 11 thousand
Shareholders as of 31-12-2018
|
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-December of 2018: 7.4 million of shares or EUR 8.2 million
- Share price on Nasdaq Vilnius:
|
EUR |
| 01-01-2018 |
0.966 |
| High |
1.170 |
| Low |
0.956 |
| 31-12-2018 |
1.105 |
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 AGM was 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 resigned from the Board as of 24 April 2018
- Agneta Wallmark, Hannu-Matti Mäkinen, Tomas Balžekas and Mindaugas Glodas were elected to the Board for the current term of the Board
- Henriette Wendt resigned from the Board as of 8 November 2018, and Emil Nilsson was elected to the Board at EGM on 9 November 2018
- 3 members of the Board comprise Audit and Remuneration Committees
- UAB Deloitte Lietuva is the Company's independent auditor for the year 2018 and 2019
- The Board elects and recalls CEO
BOARD
Emil Nilsson (born in 1971), Chairman of the Board, represents Telia Company AB, Chairman of the Remuneration Committee
Hannu-Matti Mäkinen (born in 1970), Member of the Board, represents Telia Company AB
Agneta Wallmark (born in 1960), Member of the Board, represents Telia Company AB, Chairwoman of the Audit Committee
Tomas Balžekas (born in 1977), 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 Remuneration Committee
Mindaugas Glodas (born in 1972), Independent member of the Board, Member of the Audit and Remuneration Committees
• Members of the Board have no direct interest in the share capital of Telia Lietuva
GOVERNING STRUCTURE OF TELIA LIETUVA VALID FROM 1 JANUARY 2019
Business to Business (B2B)
Business to Consumer (B2C)
Direct & Digital Channels
Technology
Finance
People & Engagement
Legal and Corporate Affairs
Communication
Business Assurance & Transformation
MANAGEMENT TEAM
Dan Strömberg, CEO
Mindaugas Ubartas, Head of B2B, acting Head of B2C
Giedrė Kaminskaitė-Salters, Head of Direct & Digital Channels
Andrius Šemeškevičius, Head of Technology
Laimonas Devyžis, Head of Finance till 1 April 2019
Ramūnas Bagdonas, Head of People & Engagement
Birutė Eimontaitė, Head of Communication
Vytautas Bučinskas, Head of Business Assurance & Transformation
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