The presentation for the conference call
and the key figures of the Telekom Austria Group in excel format („Key Figures 3Q 2007“) are available on our website at www.telekomaustria.com
Results for the full year 2007 will be announced on February 27, 2008
During the first nine months of 2007, revenues increased by 2.0% to EUR 3,630.9 million due to higher revenues from international operations.
Lower contribution from Fixed Net and costs for the launch of start-up companies in the Republic of Serbia and in the Republic of Macedonia in the amount of EUR 34.8 million led to a decline in EBITDA by 4.7% to EUR 1,463.6 million.
Operating income decreased by 4.5% to EUR 668.0 million as growth in operating income from the Fixed Net could only partly offset a lower operating income in the Mobile Communication segment.
Net income declined by 9.4% to EUR 451.5 million as a consequence of lower operating income and higher interest expenses. Consequently earnings per share declined by 5.7% to EUR 0.99.
Capital expenditures for tangible and intangible assets increased by 26.9% to EUR 534.8 million mainly due to investments in the Republic of Serbia and in the Republic of Macedonia as well as investments in the network infrastructure.
Net debt increased by 4.7% to EUR 3,317.4 million at the end of September 2007 compared to the end of December 2006 due to higher dividend payments and an increased share buyback. During the same period net debt to EBITDA (last 12 months) increased by 5.9% to 1.8x.
Revenues increased by 3.6% to EUR 1,277.1 million in 3Q 07 compared to 3Q 06 due to higher revenues in both segments.
EBITDA declined by 5.4% to EUR 521.2 million due to lower contributions from the Fixed Net as well as start-up costs of EUR 18.1 million from the operations in the Republic of Serbia and in the Republic of Macedonia. Operating income declined by 8.9% to EUR 257.8 million mainly due to higher operating expenses and higher D&A in the Mobile Communication segment.
Net income decreased by 18.7% to EUR 173.7 million during 3Q 07 compared to 3Q 06 mainly due to a lower operating income and higher interest expenses following increased shareholder returns via dividends and share buybacks. Earnings per share decreased by 13.6% to EUR 0.39 as a consequence of a lower net income. Group capital expenditures for tangible and intangible assets increased by 6.5% to EUR 158.1 million during 3Q 07 due to investments for the start-up operations in the Republic of Serbia and in the Republic of Macedonia.