Results for the First Nine Months 2009 (Ad hoc Release)
Vienna, November 12, 2009 - Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first nine months 2009 and the third quarter ending September 30, 2009.
- Further improvement of Fixed Net operating trends with only a 1.3% access lines loss compared to end of September 2008
- Mobile Communication base grows by 8.6% year-on-year to 18.5 million customers despite a difficult economic environment
- Revenues decline of 6.3% to EUR 3,620.5 million primarily driven by lower Fixed Net and roaming revenues as well as FX currency translation
- Strict cost management reduces operating expenses by 4.9% and limits EBITDA decline to EUR 1,394.6 million
- Net income reflects impairment charges of EUR 352.0 million related to investments in Belarus and in the Republic of Serbia
- 2009 outlook for operating free cash flow of EUR 1.1 billion reiterated, Capex cuts compensating lower EBITDA due to FX, roaming, declining prices and impact from weaker economies
- Management expects difficult market environment to prevail also in 2010
- Dividend per share floor of 75 cents per share reiterated for 2009–2012
Detailed financial figures
Results for the First Nine Months 2009 (246.8 KB)
Contact:
Peter E. Zydek
Head of Investor Relations
Tel.: +43 (0) 59059 1 19001
E-Mail: peter.zydek@telekom.at
Elisabeth Mattes
Telekom Austria Group’s Spokeswoman
Tel: +43 (0)664 331 2730
E-Mail: elisabeth.mattes@telekom.at
