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.
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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
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16.04.2024 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: 1881961
End of News EQS News Service
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1881961 16.04.2024 CET/CEST