Results for the First Nine Months 2011
Highlights
| ■ | Demand for fixed broadband and product bundles drives fixed access line growth of 11,700 lines in Austria |
| ■ | Mobile broadband, smartphones and no frills drive mobile subscriber growth in all operations |
| ■ | Further convergence milestone: B.net cable acquisition in Croatia |
| ■ | Group revenue decline and lower Group EBITDA comparable mainly driven by competition in Austria and FX devaluation in Belarus |
| ■ | In Q3 2011 slight rise in Group revenues and almost stable Group EBITDA comparable excluding FX translation effects due to strong operational performance and strict focus on cost control |
| ■ | Subscriber growth and increased usage translate into strong revenue and EBITDA comparable growth in the Additional Markets segment |
| ■ | Guidance 2011 reiterated: Group revenues approximately EUR 4.50 bn, Group EBITDA comparable up to EUR 1.55 bn |
| ■ | Dividend floor of EUR 0.76 reiterated for the years 2011 and 2012 |
| in EUR million | Q3 2011 | Q3 2010 | % change | 1-9 M 2011 | 1-9 M 2010 | % change |
|---|
| Revenues | 1,111.4 | 1,185.4 | -6.2% | 3,338.7 | 3,480.1 | -4.1% |
| EBITDA comparable | 412.9 | 449.1 | -8.1% | 1,190.4 | 1,292.5 | -7.9% |
| Operating income | 166.1 | 176.0 | -5.6% | 208.8 | 476.4 | -56.2% |
| Net income | 127.9 | 96.5 | 32.5% | 68.7 | 256.5 | -73.2% |
| Earnings per share (in EUR) | 0.29 | 0.22 | 32.7% | 0.16 | 0.58 | -73.2% |
| Free cash flow per share (in EUR) | 0.44 | 0.51 | -13.9% | 0.86 | 1.36 | -36.5% |
| Capital Expenditures | 177.8 | 146.8 | 21.1% | 454.9 | 443.3 | 2.6% |
| | | | | | | |
| in EUR million | | | | Sept. 30, 2011 | Dec. 31, 2010 | % change |
|---|
| Net Debt | | | | 3,488.6 | 3,305.2 | 5.5% |
Net Debt/EBITDA comparable
(12 months) excluding restructuring program | | | | 2.3x | 2.0x | |
| | | | | | | |
All financial figures are based on IFRS; if not stated otherwise, all comparisons are given year-on-year. EBITDA comparable is defined as net income excluding financial result, income tax expense, depreciation and amortization, restructuring and impairment charges.