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