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EQS-News: Telekom Austria AG / Key word(s): Annual Results/Quarter Results
A1 Group: Results for Q4 2023 and for the full year 2023
2024-02-13 / 19:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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:
https://a1.group/investor-relations/results-center/

For more information, visit the website: https://a1.group/investor-relations/
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

2024-02-13 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:  1836581 

End of News EQS News Service
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1836581 2024-02-13 CET/CEST

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END) Dow Jones Newswires

February 13, 2024 13:00 ET (18:00 GMT)