EQS-News: A1 Group: Results for Q4 2023 and for the full year 2023

2024-02-13 20:01:58

EQS-News: Telekom Austria AG / Key word(s): Annual Results/Quarter Results
A1 Group: Results for Q4 2023 and for the full year 2023

13.02.2024 / 19:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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A1 Group announces results for Q4 2023 and for the full year 2023.

Relevant documentation on the results can be found at the following link:
[1]

For more information, visit the website:
[2]

Highlights Q4 and full year 2023

• FY 2023:

• 4.9% total revenue growth, driven by service revenue growth in
all markets on CCY
• 4.7% EBITDA growth; EBITDA adjusted grew by 5.1% as negative FX
effects and higher restructuring costs levelled out with positive
one-offs
• Net result increased by 1.8 % to EUR 646 mn
• Net debt ex leases/EBITDAaL stood at 0.4x at year-end 2023, net
debt/EBITDA at 1.3x
• CAPEX increased by 16 % to EUR 1.093 mn due to investments in
spectrum (EUR 133 mn)
• Free cash flow of EUR 354 mn in FY 2023 (EUR 603 mn in 2022)
• Mobile subscriber growth of 5.6% y-o-y, RGU increase of 1.1%
y-o-y

• Q4 2023: Total revenues +2.3% (+5.1% in CCY), EBITDA before
restructuring, one-offs and FX up +7.3% (reported: +11.4%)
• Bulgaria acquired spectrum in 700 Mhz and 800 Mhz frequency bands in
Q4 2023
• Credit rating upgrade in December 2023: A1 Group upgraded by Moody’s
from Baa1 to A3, outlook stable
• Top ESG ratings: Sustainalytics’ 2024 ESG Top-Rated Companies List and
CDP’s A list in 2024
• Dividend proposal for FY 2023: Increase of 13% to EUR 0.36 per share
(2022: EUR 0.32)
• Outlook 2024: Total revenue growth of 3-4% y-o-y, CAPEX excl. spectrum
of EUR 800 mn
• Ambitions 2024-2026:

• Revenue growth of 3-4% per year
• EBITDA growth of 4-5% per year
• CAPEX of EUR 2.8 bn plus frequencies

 

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13.02.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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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: 1836581

 
End of News EQS News Service

1836581  13.02.2024 CET/CEST

References

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1.

2.

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