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from Telekom Austria AG (isin : AT0000720008)

A1 Group: Results Q1 2024

EQS-News: Telekom Austria AG / Key word(s): Quarter Results/Quarter Results
A1 Group: Results Q1 2024

16.04.2024 / 19:05 CET/CEST
The issuer is solely responsible for the content of this announcement.


Telekom Austria: A1 Group announces results for Q1 2024.
Relevant documentation on the results can be found at the following link:
https://a1.group/investor-relations/results-center/


For more information, visit the website: https://a1.group/investor-relations/   Highlights Q1 2024
  • Q1 2024:
    • Total revenues rose by 0.7%, driven by service revenue growth (+3.1% yoy) in local currency in all markets except Slovenia, offsetting strong decline in equipment revenues (-9.8% yoy)
    • Service revenue growth supported by solutions & connectivity and mobile business but impacted by negative currency effect, declining interconnection and fixed voice business
    • EBITDA up 4.2% in comparison to Q1 2023, despite higher core OPEX driven mainly by higher workforce and product related costs
    • Excluding negative FX effects, total revenues and EBITDA excl. restructuring rose by 2.2% and 5.7% respectively
    • Spectrum acquisition in Austria: A1 acquired in March 2024 frequencies in the 26 GHz spectrum as well as additional regional frequencies in the 3.5 GHz spectrum
    • Outlook confirmed for FY 2024: 3-4% revenue growth, CAPEX (excl. spectrum) of ~EUR 800 mn
  • Ambitions 2024-2026 unchanged:
    • Revenue growth of 3-4% per year
    • EBITDA growth of 4-5% per year
    • CAPEX of EUR 2.8 bn plus frequencies






 


16.04.2024 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com


Language:English
Company:Telekom Austria AG
Lassallestrasse 9
1020 Vienna
Austria
Phone:004350664 47500
E-mail:investor.relations@a1.group
Internet:www.a1.group
ISIN:AT0000720008
Listed:Vienna Stock Exchange (Official Market)
EQS News ID:1881961

 
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1881961  16.04.2024 CET/CEST

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