WIND Hellas 4th Quarter 2009 Results. March 2, 2010
|
|
- Beatrice Stevenson
- 7 years ago
- Views:
Transcription
1 WIND Hellas 4th Quarter 2009 Results March 2, 2010
2 Forward looking statement This presentation includes forward-looking statements. These forward-looking statements include all matters that are not historical facts, statements regarding WIND Hellas intentions, beliefs or current expectations concerning, among other things, WIND Hellas results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which WIND Hellas operates. By their nature, forward-looking statements involve risks and uncertainties, including, without limitation, the risks and uncertainties set forth in WIND Hellas Offering Memorandums, because they relate to events and depend on circumstances that may or may not occur in the future. WIND Hellas caution you that forward-looking statements are not guarantees of future performance and that the actual results of operations, financial condition and liquidity and the development of the industry in which WIND Hellas operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if WIND Hellas results of operations, financial condition and liquidity and the development of the industry in which WIND Hellas operates are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in future periods. Wind Hellas doesn t assume any obligation to review or confirm analyst expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this presentation. The Senior Secured Notes, the Senior Notes have not been registered under US Securities Act of 1933, as amended (the US Securities Act ), or any state securities laws, and were offered and sold only outside the United States pursuant to Regulation S under the US Securities Act and to qualified institutional buyers in the United States in reliance on Rule 144A under the US Securities Act. All financial data is preliminary (not audited or reviewed) and based on a going concern. 1
3 Agenda 4Q09 Performance Highlights 4Q09 Operating and Financial Performance Review Appendix 2
4 Note: financials presented are pro forma unaudited financials for WIND Hellas in accordance with IFRS Mobile - 4Q09 performance highlights Weakening fundamentals as a result of macroeconomic deterioration, intense regulation and market share contraction 199mn 4Q09 mobile revenues, -22% YoY Reduction in market share due to strong market competition and weak macroeconomic conditions Positive contract net additions in 4Q09 after 3 consecutive negative quarters Mobile ARPU has declined due to: decrease in total outgoing traffic in 4Q09 (-10.7% YoY) affecting outgoing revenues blended outgoing AMOU in 4Q09 decreased to 72 minutes from 78 in 4Q08 increased price pressure in prepaid steep reduction in the mobile termination (from January 2009) and roaming rates mobile tax imposed on both postpaid and prepaid customers Mobile VAS revenues as a % of total mobile revenues increased in 4Q09 to 7.8% from 6.8% in 4Q08 despite WIND s low market share in the mobile broadband market (est. <15%) 3
5 Fixed (Tellas) - 4Q09 performance highlights Improving operational performance in a growing broadband market 34mn 4Q09 fixed revenues reduced by 9% YoY due to market share contraction in voice-only segment LLU subscribers increased by 16k in 4Q09 (double-play subscribers increased by 15k) which represented c.15% of the market growth in Q4 (vs. single-digit growth share in 1Q-3Q 2009) Net additions of the 3-in-1 convergent product (mobile, fixed, internet) accelerated significantly in Q4 Improved customer experience through more efficient order processing, service provisioning, customer service & CRM Revamped product portfolio enhances competitiveness and offers convergent product options New commercial policy in place exploits telesales potential and enhances customer service in WIND stores LLU site rollout has accelerated in 4Q09 with the total number of LLU sites reaching 234 from 129 in Q408 4
6 WIND Hellas 4Q09 performance highlights Main focus is operating & cash-flow management in a challenging market environment WIND Hellas has focused on defending its market position in a difficult environment 1,073 mn FY 2009 Wind Hellas total revenues, -15% YoY 317 mn FY 2009 Wind Hellas adjusted EBITDA 1 with decreased margin as the reduced cost basis did not fully mitigate the materially reduced revenues Operating weakness is being addressed with opex savings and tight cash-flow management aggressive cost reduction initiatives completed in Q4 will accrue significant savings in 2010 organizational restructuring was completed in Q4 cash flow (EBITDA Capex) in 4Q09: 4.3mn 1 Adjusted EBITDA for certain non-recurring or non-cash items 5
7 WIND Hellas financial performance Wind Hellas Outgoing Revenues 1 Wind Hellas Gross Margin (%) YoY growth -3.1% EUR, million (%) YoY growth -9.6% EUR, million -7.6% (%) as of WIND Hellas Service Revenues -12.8% -17.0% 67.7% -17.7% -18.0% 68.9% -19.0% 70.0% 67.8% 69.8% 68.5% 69.4% 69.7% Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 Operating trends have reached the lowest point in 4Q09 due to: accumulated underinvestment in brand, commercial activities & network coverage (2G & 3G) in rapidly deteriorating macroeconomic conditions (Greek GDP contraction accelerated in 4Q09: 0.8% QoQ) intense regulatory pressure in 2009 (MTR, roaming, mobile taxes) value-destructive competition intensification in 2009 (mobile pricing, increased advertising spend) Aggressive cost savings initiatives executed in 4Q will free up resources for commercial investment in 2010 cost savings initiatives were focused on staff, suppliers & activities In 2010, we are laying the groundwork for structural changes in our cost basis that will accrue savings starting from end of 2010 Our turnaround strategy we are pursuing is based upon: brand equity enhancement value-orientation and customer-centric strategy commercial investment to reverse trends network investment to bridge coverage gap 1 Gross service revenues minus incoming revenues 6
8 Agenda 4Q09 Performance Highlights 4Q09 Operating and Financial Performance Review Appendix 7
9 WIND Hellas 4Q09 financial performance Macroeconomic contraction, competitive pressure and sharp cut in termination rates result in negative growth Wind Hellas Total Revenues (EUR, million) 1, , % -21.0% FY 2008 FY Q 08 4Q 09 Mobile Fixed Sales of handsets & Accessories Wind Hellas adjusted EBITDA 1 (EUR, million) 33.8% % 29.6% 33.9% % 24.6% 60.5 FY 2008 FY Q 08 4Q 09 1 Adjusted EBITDA for certain non-recurring or non-cash items % as of Wind Hellas total revenues 8
10 WIND Hellas 4Q09 Operating & Variable expenses performance Increased SAC & SRC supported customer base expansion while variable and fixed opex efficiencies support EBITDA Acquisition & Retention expenses (EUR, million) 7.3% 7.8% 6.2% 8.7% % % FY 2008 FY 2009 SRC Mobile SAC Mobile SAC Fixed % as of Wind Hellas total revenues 4Q 08 4Q 09 Variable & other operating expenses 1 (EUR, million) 58.9% % 62.7% % 59.9% % FY 2008 FY 2009 Other Opex Variable costs % as of Wind Hellas total revenues ¹ Adjusted for certain non-recurring or non-cash items 4Q 08 4Q 09 9
11 Mobile 4Q09 Key revenue drivers performance Customer base contraction due to economic and competitive conditions Subscriber base ( EOP, 000 s) Net Additions (000 s) -4.0% -87.5% 5,193 4, Dec-08 Dec Q 08 4Q 09 ARPU 1 (EUR) FY 2008 FY Q 08 4Q 09 Contract Blended PrePaid 1 Pro forma unaudited ARPU figures in accordance with IFRS, including revenues from foreign roamers 10
12 Fixed (Tellas) 4Q09 Key revenue drivers performance Improving subscriber mix, as double play pick up Subscriber base ( EOP, 000 s) Direct Net Additions (000 s) -3.2% % 16.0 'Dec-08 'Dec-09 4Q 08 4Q 09 Direct Indirect Direct ARPU 1 (EUR) FY 2008 FY 2009 Blended Direct 1 Pro forma unaudited ARPU figures in accordance with IFRS, ARPU does not include WIND fixed revenues 4Q 08 4Q 09 Indirect 11
13 WIND Hellas adjusted EBITDA 1 bridge Dec-08 to Dec-09 EBITDA performance affected by termination rate cut, mobile tax, mobile pricing and general negative economic slowdown (EUR, million) (92.7) (49.7) FY 2008 EBITDA Outgoing revenues Net Mobile Interconnection Net Fixed Interconnection Commissions & Discounts SAC & SRC OPEX & other FY 2009 EBITDA ¹ Adjusted EBITDA for certain non-recurring or non-cash items 12
14 Estimated FY 2010 financial performance 2010 revenues guidance provided in November 2009 of annual reduction by 7-8% is amended downwards given: the weakening macroeconomic conditions prevailing and the new austerity measures imposed by the Greek Government that will impact disposable income and consumer behaviour the increased pricing competition in prepaid Company will however resume investing for growth with capital expenditure expected to reach ~17% as of total revenues in 2010 Positive working capital change in 2010 to be approximately 2-3% of total revenues as Capex increases materially in 2010 RCF and NBG loan amortizations of 35m and 3.3m respectively are scheduled in 2010 Main focus will continue to be placed in cash-flow generation 13
15 Agenda 4Q09 Performance Highlights 4Q09 Operating and Financial Performance Review Appendix 14
16 WIND Hellas Corporate Structure * * * 15
17 WIND Hellas Operational KPIs Mobile Segment Q Q Q Q Q Q Q Q Subscribers (000's) Contract 1,030 1,053 1,074 1,081 1,069 1,059 1,054 1,059 Prepaid 3,549 3,783 3,975 4,113 4,198 4,118 3,913 3,926 Total 4,579 4,836 5,048 5,193 5,267 5,177 4,967 4,986 Net Additions (000's) Contract (12) (9) (5) 5 Prepaid (81) (204) 13 Total % (90) % (209) % % ARPU ( ) Contract Prepaid Blended Fixed Segment Subscribers (000's) Indirect Direct Voice & Internet Double Play Total Net Additions (000's) 0.0% -0.8% -3.5% -3.2% Indirect (76) (33) (7) (19) (15) (19) (13) (17) Direct Voice & Internet (7) (4) (1) 1 Double Play Total (57) (3) 14 (3) (8) (10) (8) (1) ARPU ( ) Indirect Direct Blended
18 WIND Hellas Financial KPIs WIND Hellas, million Q Q Q Q Q Q Q Q Revenues Mobile Fixed Handsets & Accessories Total EBITDA % 30.6% 38.9% 33.9% Capex Mobile Fixed Total LTM Total Capex as a % on total LTM revenues 13.8% 14.0% 13.9% 13.1% 12.2% EBITDA - Capex Unbilled Revenues Restatement Revenues post adjustment Ebitda post adjustment Unbilled Revenues Adjustment (3.1) (3.1) (0.6) Total Revenues before adjustment Ebitda before adjustment
19 Mobile - Key revenue drivers performance Subscriber base (EOP, 000 s) Net Additions ( 000 s) (%) YoY growth 15.0% 7.1% -1.6% -4.0% 4,579 4,836 5,048 5,193 5,267 5,177 4,967 4,986 3,549 3,783 3,975 4,113 4,198 4,118 3,913 3, ,030 1,053 1,074 1,081 1,069 1,059 1,054 1,059 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 ARPU 1 (EUR) Q08 2Q 08 3Q08 4Q08 1Q09 2Q 09 3Q09 4Q09 1Q08 2Q 08 3Q08 4Q08 1Q09 2Q 09 3Q09 4Q09 Postpaid Prepaid Blended 1 Pro forma unaudited ARPU figures in accordance with IFRS, including revenues from foreign roamers 18
20 Fixed (Tellas) - Key revenue drivers performance Subscriber base (EOP, 000 s) Net Additions ( 000 s) (%) YoY growth 1.0% -8.5% -3.6% -3.2% Q08 2Q 08 3Q08 4Q08 1Q09 2Q 09 3Q09 4Q09 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 ARPU 1 (EUR) Q08 2Q 08 3Q08 4Q08 1Q09 2Q 09 3Q09 4Q09 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 Indirect Direct Blended 1 Pro forma unaudited ARPU figures in accordance with IFRS 19
21 WIND Hellas Balance Sheet Balance sheet (in M) Dec 08 Dec 09 Assets: Property, plant and equipment Intangible assets 1, ,691.1 Financial assets Deferred tax assets Total Non-current Assets 2, ,411.6 Inventories Trade receivables Financial assets Current tax assets Other receivables Cash and cash equivalent Total Current Assets Total Assets 2, ,743.6 Shareholders equity and Liabilities Shareholders equity: Issued capital Share premium reserve Reserves Retained earnings (1,247.9) (366.7) Total Equity (1,217.3) 38.5 Liabilities: Financial liabilities 3, ,908.2 Employee benefits Provisions Other non-current liabilities Deferred tax liabilities Total Non-current liabilities 3, ,104.0 Financial liabilities Trade payables Other payables Tax payables Total Current liabilities Total Liabilities 4, ,705.1 Total Shareholders equity and Liabilities 2, ,
22 WIND Hellas Cash Flow Statement Cash Flow Statement (in M) 1Q 09 2Q 09 3Q 09 4Q 09 FY 2009 EBITDA Change in Net Working Capital (13.1) (23.9) (20.6) 46.5 (11.1) Cashflow from Operations Capex (16.0) (31.3) (27.3) (56.2) (130.8) Unlevered pre tax cash flow Cash Interest (58.5) (66.1) (55.2) (37.5) (217.2) Taxes (1.4) (1.4) (1.4) (1.4) (5.6) Capital injection Free cash flow/ (Financial Need) (12.9) (40.6) (6.1) Increase/(Decrease) in Gross Debt (1.5) (3.3) 45.2 Change in cash (14.4) 9.4 (6.1) Cash BoP Change in cash (14.4) 9.4 (6.1) Cash EoP
WIND Telecomunicazioni
WIND Telecomunicazioni Positive Momentum Full Year 2015 Results February 18 th, 2016 FY 2015 Revenue EBITDA Total revenue 4,428 million, down 4.4% YoY Mobile service revenue declines 2.1% YoY posting a
More informationOrange Polska reports strong commercial performance in mobile post-paid and satisfactory financial results in 2Q 2015 2Q 2015 highlights:
Current Report (38/) Orange Polska S.A., Warsaw, Poland July 27, Pursuant to art. 56, clause 1, item 1 of the Law of July 29, 2005 on public offering and the conditions for introducing financial instruments
More informationnet income 110 140-21.4% 407 505-19.4% organic cash flow 2 (guidance definition) 302 369-18.2% 833 851-2.1%
Current Report (53/) Orange Polska S.A., Warsaw, Poland October 21, Pursuant to art. 56, clause 1, item 1 of the Law of July 29, 2005 on public offering and the conditions for introducing financial instruments
More informationDefinitions of Terms
Definitions of Terms Operating and financial measures are utilized by T-Mobile's management to evaluate its operating performance and, in certain cases, its ability to meet liquidity requirements. Although
More informationMorgan Stanley TMT Conference. Barcelona November 12, 2015
Morgan Stanley TMT Conference Barcelona November 12, 2015 1 AGENDA 1 Numericable - SFR 2 Portugal Telecom 3 Hot 4 Orange Dominicana / Tricom 2 ALTICE BUSINESS MODEL Relaunch marketing focused on Better
More informationO2 Czech Republic January to September 2014 Financial Results
Interim report O2 Czech Republic January to September 2014 Financial Results November 12, 2014 O2 Czech Republic a. s. announces its unaudited financial results for January to September 2014. These results
More informationSoftware AG Results 1 st Quarter 2015 (IFRS, unaudited)
Software AG Results 1 st Quarter (IFRS, unaudited) April 29, 1 Safe Harbor This presentation includes forward-looking statements based on the beliefs of Software AG management. Such statements reflect
More informationConference call on 2014 half year results 13 August 2014
Conference call on 2014 half year results 13 August 2014 IMCD IMCD Group N.V. Disclaimer Forward looking statements This half year report contains forward looking statements. These statements are based
More informationEnergies and Utilities - A Guide to Argentina's Fundamentals
Second Quarter 2013 Earnings Release Conference e Call Presentation Disclaimer This presentation is based on audited financial statements and may include statements that could constitute forward-looking
More informationHow To Make A Profit From Telecolumna.Com
FY 2015 Q1 Results Presentation Berlin, 12 May 2015 Disclaimer This document has been prepared by Tele Columbus AG(the"Company") solely for informational purposes. This presentation may contain forward-looking
More informationThird quarter results as of December 31, 2014. Investor presentation
Third quarter results as of December 31, 2014 Investor presentation February, 26 th 2015 Disclaimer Certain statements included or incorporated by reference within this presentation may constitute forwardlooking
More informationMAGYAR TELEKOM GROUP Q1 2014 RESULTS PRESENTATION MAY 8, 2014
MAGYAR TELEKOM GROUP Q1 214 RESULTS PRESENTATION MAY 8, 214 Q1 214 HIGHLIGHTS REVENUE Revenues decreased by 3.% to HUF 151.9 billion Lower fixed and mobile voice revenues, coupled with lower revenues from
More information2015 annual results. 16 th March 2016
2015 annual results 16 th March 2016 Legal disclaimer Certain statements in this document are forward-looking statements. These forward-looking statements speak only as at the date of this document. These
More information2014 CONSOLIDATED RESULTS
PRESS RELEASE Rabat, February 23, 2015 2014 CONSOLIDATED RESULTS Highlights: - Increase in the Group consolidated revenues (+2.1% at constant exchange rates over 2014) ; - Continued growth in customer
More informationOrange Polska (TPSA) new layout of revenues and KPIs. Warsaw, April 17 th, 2013
Orange Polska (TPSA) new layout of revenues and KPIs Warsaw, April 17 th, 2013 cautionary statement all figures in this presentation are based on IFRS as adopted by the European Union figures included
More informationDisclaimer. This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes.
Disclaimer This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes. This presentation may contain forward-looking statements. These statements are based on
More informationCEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO
Agenda CEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO 2 CEO s review 2011 overview Q4 2011 financial and operational highlights Segment review Strategy execution Progress of new
More informationT-Mobile USA Reports Third Quarter 2012 Financial Results Net Customer Growth in the Third Quarter; Continued Year-on-Year Churn Improvements
Reports Third Quarter Financial Results Net Customer Growth in the Third Quarter; Continued Year-on-Year Churn Improvements BELLEVUE, Wash., November 8, --, Inc. ( T-Mobile ) today reported its third quarter
More informationManagement Presentation Q2/2012 Results. 8 August 2012
Management Presentation Q2/2012 Results 8 August 2012 Cautionary statement This presentation contains forward-looking statements which involve risks and uncertainties. The actual performance, results and
More informationTelefónica O2 Czech Republic 2010 First Half Financial Results
Telefónica O2 Czech Republic 2010 First Half Financial Results July 28, 2010 Telefónica O2 Czech Republic, a.s. announces its unaudited financial results for the first half of 2010. These results are consolidated
More informationT-MOBILE USA REPORTS SECOND QUARTER OF 2011 RESULTS
T-MOBILE USA REPORTS SECOND QUARTER OF RESULTS Adjusted OIBDA of $1.3 billion in the second quarter of, up from $1.2 billion in the first quarter of but down from $1.4 billion in the second quarter of
More informationAPX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS
APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS 1st Quarter Financial Highlights Total revenues of $130.2 million for the first quarter 2014, an increase of 21.8%, compared to $106.9
More informationKabel Deutschland shows continued growth with Internet & Phone
INVESTOR RELATIONS RELEASE Kabel Deutschland shows continued growth with Internet & Phone Unterfoehring, February 12, 2016 Kabel Deutschland Holding AG ( Kabel Deutschland, KDH or the Company ), Germany
More informationQ1 2014 Earnings Call. April 30 th, 2014
Q1 2014 Earnings Call April 30 th, 2014 Agenda Executive summary Financial data Outlook 2014 Appendix 2 Summary Q1 2014 (1) Revenue growth factors Positive start in FY 2014 with Q1 revenue increase of
More informationAgenda. Operating highlights and key initiatives. Financial results Q&A. John Legere, President and CEO. Braxton Carter, CFO
T-Mobile US Disclaimer This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws. For those statements, we claim the protection of the safe harbor for
More information1 st Quarter 2015 Results
Results OPEN 1 st Quarter 2015 Results Albern Murty, CEO 27 April 2015 Disclaimer This presentation and the following discussion may contain forward looking statements by Digi.Com Berhad (Digi) related
More informationBalance Sheet Strategy
Balance Sheet Strategy Olli-Pekka Kallasvuo Executive Vice President, CFO Nokia Agenda Nokia Balance sheet strategy 3G revenue recognition 3G Customer Financing Financial Guidance for 2002 Summary 1 Main
More informationKabel Deutschland Financial Statements For 2009-2010
INVESTOR RELATIONS RELEASE Kabel Deutschland continues to post strong growth Unterfoehring, November 17, 2009 Kabel Deutschland (KDG), Germany s largest cable operator, announced today its financial results
More informationConsolidated Statement of Profit or Loss (in million Euro)
Consolidated Statement of Profit or Loss (in million Euro) Q3 2014 Q3 2015 % change 9m 2014 9m 2015 % change Revenue 636 661 3.9% 1,909 1,974 3.4% Cost of sales (440) (453) 3.0% (1,324) (1,340) 1.2% Gross
More informationPEGAS NONWOVENS SA. First quarter 2010 unaudited consolidated financial results
PEGAS NONWOVENS SA First quarter 2010 unaudited consolidated financial results May 20, 2010 PEGAS NONWOVENS SA announces its unaudited consolidated financial results for the first quarter of 2010 to March
More informationKabel Deutschland reports 7.3% revenue growth for the second quarter
INVESTOR RELATIONS RELEASE Kabel Deutschland reports 7.3% revenue growth for the second quarter Unterfoehring, November 9, 2015 Kabel Deutschland Holding AG ( Kabel Deutschland, KDH or the Company ), Germany
More informationForward-Looking Statements
MANAGEMENT S DISCUSSION AND ANALYSIS For the three months ended March 31, 2010 Dated May 21, 2010 Management's Discussion and Analysis ( MD&A ) is intended to help shareholders, analysts and other readers
More informationDisclaimer. Telenor First Quarter 2010
Telenor First Quarter 2010 Jon Fredrik Baksaas, President and CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be
More informationFURTHER PROFIT GROWTH IN FIRST-HALF 2015
FURTHER PROFIT GROWTH IN FIRST-HALF 2015 Net sales of 37.7bn, up +5.2% (+2.9% on an organic basis) Growth in Recurring Operating Income: 726m, +2.6% at constant rates Strong growth in adjusted net income,
More informationCapmark Financial Group Inc. Announces Stand Alone Third Quarter 2014 Earnings Results for its Wholly Owned Subsidiary, Bluestem Brands, Inc.
Capmark Financial Group Inc. Announces Stand Alone Third Quarter 2014 Earnings Results for its Wholly Owned Subsidiary, Bluestem Brands, Inc. Horsham, PA December 23, 2014 Capmark Financial Group Inc.
More informationAgenda. CEO s review Veli-Matti Mattila, CEO. Financial review Jari Kinnunen, CFO
Agenda CEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO CEO s review Q1 2013 financial and operational highlights Segment review Strategy execution Outlook for 2013 3 Q1 2013 highlights
More informationWIND Telecomunicazioni First Quarter 2015 Results
WIND Telecomunicazioni First Quarter 2015 Results May 14, 2015 1Q 2015 Highlights Revenues EBITDA Op. FCF (EBITDA CAPEX) NFI Deleveraging Total revenue of 1,078 million, down 5.7% YoY Mobile service revenue
More informationTelecom Argentina Plan 2011-13 FRANCO BERTONE
Telecom Argentina Plan 2011-13 Safe Harbour These presentations contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
More informationOrange Polska results for 4Q 2013 and full year 2013. Warsaw February 12, 2014
Orange Polska results for 4Q 2013 and full year 2013 Warsaw February 12, 2014 1 forward looking statement This presentation contains 'forward-looking statements' including, but not limited to, statements
More informationSunrise Communications Holdings S.A. Financial results Second quarter 2014
Sunrise Communications Holdings S.A. Financial results Second quarter 2014 1 Q2 Highlights Successful launch of new offers accelerates growth momentum Freedom new mobile portfolio: 150k new Freedom subscribers
More informationNorsk Gjenvinning Group 1st Quarter 2016 Erik Osmundsen, CEO and Dean Zuzic, CFO
Norsk Gjenvinning Group 1st Quarter 2016 Erik Osmundsen, CEO and Dean Zuzic, CFO Disclaimer VV Holding AS is providing the following interim financial statements for Q1 2016 to holders of its NOK 2,235,000,000
More informationHIGHLIGHTS FIRST QUARTER 2016
Q1-16 EUROPRIS ASA 2 CONTENTS / HIGHLIGHTS FIRST QUARTER 2016 HIGHLIGHTS FIRST QUARTER 2016 (Figures for the corresponding period of last year in brackets. The figures are unaudited.) Group revenues increased
More informationEurope: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability
2014 FIRST HALF RESULTS: CONTINUED GROWTH Organic sales growth of 4.3% Increase in Recurring Operating Income of +13.8% Strong increase in adjusted net income, Group share of +16.7% Strong profit growth
More informationLOGO BUSINESS SOLUTIONS
LOGO BUSINESS SOLUTIONS Analyst Presentation for FY 2014 Gülnur Anlaş Chief Financial Officer February 16, 2015 12 1 Disclaimer This presentation contains information and analysis on financial statements
More informationQ2 2015 Results. July 29, 2015
Q2 2015 Results July 29, 2015 1 Operational Review 2 Q2 2015 HIGHLIGHTS Synergies delivery ahead of plan with accelerating DSL to Fiber migrations Strong Sales momentum in June in Mobile Postpaid Growth
More informationFY 2014-2015 press release
FY 2014-2015 press release (Results for the year ended 31 March 2015) Press release May 29, 2015 Huizingen, Belgium Under embargo until May 29, 2015 1,8 year-over-year turnover growth resulting from 9,6
More informationFairpoint Group plc. Interim Results for the six months ended 30 June 2011
Fairpoint Group plc Interim Results for the six months ended 30 June 2011 13 September 2011 Fairpoint Group plc ( Fairpoint or the Group ) today announces its interim results for the six months ended 30
More informationAhlers AG, Herford. ISIN DE0005009708 and DE0005009732 INTERIM REPORT
Ahlers AG, Herford ISIN DE0005009708 and DE0005009732 I N T E R I M R E P O R T for the first six months of the 2006/07 financial year (December 1, 2006 to May 31, 2007) BUSINESS DEVELOPMENT IN THE FIRST
More informationOrange Polska 1Q 15 results. 28 April 2015
Orange Polska 1Q 15 results 28 April 2015 1 Forward looking statement This presentation contains 'forward-looking statements' including, but not limited to, statements regarding anticipated future events
More informationTelefónica Deutschland Q2 2015 preliminary results
Creating the Leading Digital Telco Telefónica Deutschland Q2 2015 preliminary results 29 July, 2015 Disclaimer This document contains statements that constitute forward-looking statements and expectations
More informationEarnings Conference Call Fiscal 3Q14
Earnings Conference Call Fiscal 3Q14 February 5, 2015 Cautionary Statement This release includes forward-looking statements within the meaning of the securities laws. The words may, could, should, estimate,
More informationFINANCIAL MANAGEMENT
100 Arbor Drive, Suite 108 Christiansburg, VA 24073 Voice: 540-381-9333 FAX: 540-381-8319 www.becpas.com Providing Professional Business Advisory & Consulting Services Douglas L. Johnston, II djohnston@becpas.com
More informationHow To Profit From Freenet
Preliminary results 2012 Analyst and Investor Conference Call Hamburg, 1 March 2013 Cautionary statement This presentation contains forward-looking statements which involve risks and uncertainties. The
More informationTORSTAR CORPORATION REPORTS SECOND QUARTER RESULTS
PRESS RELEASE TORSTAR CORPORATION REPORTS SECOND QUARTER RESULTS TORONTO, ONTARIO (Marketwired July 30, 2014) Torstar Corporation (TSX:TS.B) today reported financial results for the second quarter ended
More information2011 ANNUAL RESULTS February 27, 2012
2011 ANNUAL RESULTS February 27, 2012 HIGHLIGHTS Business review Financial results Outlook Maroc Telecom s operating environment Sustained economic growth in all geographic areas 4.0% 5.0% 4.2% MOROCCO
More informationFinancial results Q1 2015 Numericable-SFR returns to growth, EBITDA up by 21%
Press release Saint-Denis, May 12 th 2015 Financial results Q1 2015 Numericable-SFR returns to growth, EBITDA up by 21% Clear market leader in Fiber with investment plan to accelerate the Fiber and 4G
More informationOhjeita pohjan käyttämiseen
Ohjeita pohjan käyttämiseen Agenda CEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO CEO s review Q3 2012 financial and operational highlights Segment review Strategy execution Outlook
More informationPerformance Food Group Company Reports First-Quarter Fiscal 2016 Earnings
NEWS RELEASE For Immediate Release November 4, 2015 Investors: Michael D. Neese VP, Investor Relations (804) 287-8126 michael.neese@pfgc.com Media: Joe Vagi Manager, Corporate Communications (804) 484-7737
More informationFourth Quarter and Annual Results 2014
Fourth Quarter and Annual Results 2014 KPN ends transformational year 2014 with another quarter of good progress. Strong customer base growth in The Netherlands in Q4 2014 Good uptake Consumer fixed-mobile
More informationAPX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2015 RESULTS
APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2015 RESULTS First Quarter 2015 Financial and Portfolio Highlights APX Group Reports Total Revenue of $149.9 Million, up 14.9% Year over Year Adjusted EBITDA
More informationAastra Technologies Limited First Quarter ended March 31, 2003
Aastra Technologies Limited First Quarter ended March 31, 2003 AASTRA TECHNOLOGIES LIMITED MESSAGE TO OUR SHAREHOLDERS First Quarter ended March 31, 2003 To our Shareholders: Aastra Technologies Limited
More informationKabel Deutschland shows continued growth with Internet & Phone
INVESTOR RELATIONS RELEASE Kabel Deutschland shows continued growth with Internet & Phone Unterfoehring, February 4, 2015 Kabel Deutschland Holding AG ( Kabel Deutschland, KDH or the Company ), Germany
More informationWIND Telecomunicazioni FY2014 Results. Delivering solid Performance February 26 th, 2015
WIND Telecomunicazioni FY2014 Results Delivering solid Performance February 26 th, 2015 FY 2014 Highlights Revenues EBITDA WIND outperforms the market in 2014 with total revenue of 4,633 million, down
More informationAccounting Principles Critical to Success Presented By: C. P. Krishnan. www.cakintl.com
Accounting Principles Critical to Success Presented By: C. P. Krishnan Basic Accounting You Need to Know Assets, Liabilities, Equity, Income, & Expenses Assets Includes what you have and what people owe
More informationFinancials at a glance: Strong growth in topline and net adjusted income
1 Ströer Financials Financials at a glance: Strong growth in topline and net adjusted income Change Revenues Organic growth (1) Operational EBITDA 282.3 242.2 +16.6% 7.3% 10.0% 59.8 52.4 +14.0% Net adjusted
More informationFor the three months ended March 31, 2001 2000. Net sales $ 1,921 $ 1,351 Cost of sales 1,112 788. Gross margin 809 563
Pro Forma Consolidated Statements of Income Excluding Amortization of Purchased Intangibles and Goodwill, Purchased In-Process Research and Development, Acquisition-Related Costs and Non-Recurring Items
More informationFull Year Results 2012. Conference Call Presentation, 21 st March 2013
Full Year Results 2012 Conference Call Presentation, 21 st March 2013 0 Disclaimer This presentation may contain forward-looking statements based on current assumptionsandforecastsmadebybrenntag AG and
More informationFor Immediate Release Toronto Stock Exchange Symbol: RC
For Immediate Release Toronto Stock Exchange Symbol: RC RDM Corporation Reports Third Quarter Financial Results Payment Processing Services Revenue grows 15% year over year WATERLOO, ON, July 26, 2012
More informationZayo Group Holdings, Inc. Reports Financial Results for the Third Fiscal Quarter Ended March 31, 2016
Zayo Group Holdings, Inc. Reports Financial Results for the Third Fiscal Quarter Ended March 31, 2016 Third Fiscal Quarter 2016 Financial Highlights $478.0 million of consolidated revenue, including $96.1
More informationUnaudited Financial Report
RECRUITING SERVICES Amadeus FiRe AG Unaudited Financial Report Quarter I - 2015 Temporary Staffing. Permanent Placement Interim Management. Training www.amadeus-fire.de Unaudited Amadeus FiRe Group Financial
More informationAnalyzing the Statement of Cash Flows
Analyzing the Statement of Cash Flows Operating Activities NACM Upstate New York Credit Conference 2015 By Ron Sereika, CCE,CEW NACM 1 Objectives of this Educational Session u Show how the statement of
More informationNOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS
Condensed Interim Consolidated Financial Statements of THE BRICK LTD. For the three months ended March 31, 2013 NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS Under National Instrument 51-102,
More information9M2004 Consolidated Results
9M2004 Consolidated Results Fulvio Conti Chief Financial Officer Rome, 11 November 2004 Income statement (Euro Mn) 9M2004 9M2003 % change 3Q2004 3Q2003 % change 25,984 23,293 11.6% Revenues 9,036 7,872
More informationHP Q4 FY15 Earnings Announcement
HP Q4 FY15 Earnings Announcement November 24, 2015 http://www.hp.com/investor/home Forward-looking statements This presentation contains forward-looking statements that involve risks, uncertainties and
More informationOrange Polska results for 4Q 14 and full year 2014. Warsaw 13th February 2015
Orange Polska results for 4Q 14 and full year 2014 Warsaw 13th February 2015 1 forward looking statement This presentation contains 'forward-looking statements' including, but not limited to, statements
More information3Q 2015 Operating Results
TSE: 2412 NYSE: CHT 3Q 2015 Operating Results October 29, 2015 Disclaimer STATEMENT REGARDING UNAUDITED FINANCIAL INFORMATION The unaudited financial information under T-IFRSs in this presentation is preliminary
More informationCorus Entertainment Announces Fiscal 2014 Third Quarter Results
Corus Entertainment Announces Fiscal 2014 Third Quarter Results Consolidated revenues up 14% for the quarter and 11% year to date Consolidated segment profit up 23% for the quarter and 16% year to date
More informationSFR Investor Presentation
SFR Investor Presentation March, 2010 1 AGENDA 1 Integrated fixed/mobile operator with strong assets 2 Growth opportunities 3 2009 performance overview 2 AGENDA 1 Integrated fixed/mobile operator with
More informationOTE in Focus. OTE Group: The largest telecoms player in Europe s fastest-growing region. 8 th Annual Capital Link Forum, New York, November 17, 2006
OTE in Focus OTE Group: The largest telecoms player in Europe s fastest-growing region 8 th Annual Capital Link Forum, New York, November 17, 2006 Forward-Looking Statement Any statements contained in
More informationGamenet Group 2014 Nine Months Results
Gamenet Group 2014 Nine Months Results Rome, November 28 th 2014 Disclaimer This presentation includes certain forward looking statements, projections, objectives and estimates reflecting the current views
More informationMorgan Stanley Leveraged Finance Conference
Morgan Stanley Leveraged Finance Conference June 12, 2014 2014 Level 3 Communications, LLC. All Rights Reserved Cautionary Statement & Pro Forma Adjustment Some statements made in this presentation are
More informationDrillisch AG Company Presentation. August 2014
Drillisch AG Company Presentation August 2014 Part 1: A Successful H1-2014 Part 2: Drillisch MBA MVNO Agreement Part 3: Guidance and Outlook Page 2 Agenda Highlights H1-2014 Trends in the Mobile Communications
More informationApptix Sells Public Cloud Business Funds MSP Growth Strategy
Apptix Sells Public Cloud Business Funds MSP Growth Strategy Herndon, VA and Oslo, Norway September 9, 2015 Apptix (OSE: APP), the premier provider of managed and hosted solutions, today announced it sold
More informationA X A L T A C O A T I N G S Y S T E M S. Q1 2016 FINANCIAL RESULTS April 28, 2016
A X A L T A C O A T I N G S Y S T E M S Q1 2016 FINANCIAL RESULTS April 28, 2016 Legal Notices Forward-Looking Statements This presentation and the oral remarks made in connection herewith may contain
More informationDeutsche Telekom wins droves of customers in the second quarter
MEDIA INFORMATION Bonn, August 8, 2013 Deutsche Telekom wins droves of customers in the second quarter 1.38 million mobile contract net additions Group-wide Net total of 688,000 new branded postpaid customers
More informationKuehne + Nagel International AG Analyst Conference Call Full-year 2015 results. March 2, 2016 (CET 14.00) Schindellegi, Switzerland
Kuehne + Nagel International AG Analyst Conference Call Full-year results March 2, 2016 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements.
More informationSHARPENING STRATEGIC FOCUS
SHARPENING STRATEGIC FOCUS RESULTS FIRST HALF-YEAR 2014 August 1, 2014 Disclaimer This document contains certain statements and expectations that are forward looking, and which are based on information
More information2OO 6 9 MONTHS REPORT 2OO 7
2OO 6 9 MONTHS REPORT 2OO 7 Hönle at a glance Hönle Group Figures 1) 2006/2007 2005/2006 Changes 9 months 9 months Income Statement T T in % Revenues 19,055 17,081 11.6 EBITDA 3,504 2,661 31.7 EBIT 3,005
More informationConsolidated Statement of Profit or Loss (in million Euro)
Consolidated Statement of Profit or Loss (in million Euro) Q2 2012 Q2 2013 % H1 2012 H1 2013 % Restated * change Restated * change Revenue 779 732-6.0% 1,513 1,437-5.0% Cost of sales (553) (521) -5.8%
More informationTelefónica Deutschland Q1 2015 preliminary results
Creating the Leading Digital Telco Telefónica Deutschland Q1 2015 preliminary results 5 May, 2015 Disclaimer This document contains statements that constitute forward-looking statements and expectations
More informationDATA GROUP LTD. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS FOR 2015
For Immediate Release DATA GROUP LTD. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS FOR 2015 SECOND QUARTER HIGHLIGHTS Second quarter 2015 ( Q2 ) Revenues of $73.4 million, a decrease of 4.3% year over year
More informationIMCD reports strong results for 2014
IMCD reports strong results for 2014 Rotterdam, The Netherlands 11 March 2015 - IMCD N.V. ( IMCD or Company ), a leading international speciality chemicals-focused distributor, today announces the 2014
More informationFull Year Results 2014
Full Year Results 2014 18 March 2015 Conference call on FY Results 2014 Corporate Finance & Investor Relations AGENDA FY 2014 results presentation Highlights 2014 Financials 2014 Outlook 2015 Appendix
More informationNumericable Group Company presentation
Numericable Group Company presentation July 2013 Numericable Group Q3 2014 Results Presentation 27 October 2014 Paris Disclaimer 2 This document was prepared by Numericable Group for the sole purpose of
More informationNOMAD FOODS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2016
NOMAD FOODS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2016 FELTHAM, United Kingdom, May 25, 2016 /PRNewswire/ Nomad Foods Limited ( Nomad or the Company ) (NYSE: NOMD), today
More informationConsolidated financial statements of. BIOX Corporation. For the three month periods ended December 31, 2010 and 2009. (Unaudited)
Consolidated financial statements of BIOX Corporation Table of contents Consolidated statements of operations and comprehensive income (loss)... 1 Consolidated statements of deficit... 2 Consolidated balance
More informationInvestor and analyst factsheet
Investor and analyst factsheet 2015 2014 1 Variation 4Q 15 4Q 14 1 Variation in m in m in m in m Sales 7,683 5,952 +29.1% 1,760 1,431 +23.0% Prices (4.7)% (8.5)% Volumes +0.2% +2.1% FX +7.8% +5.1% Portfolio
More informationThird Quarter 2014 Financial Results
Third Quarter 2014 Financial Results Core pre-provision income up by 8.0% in the third quarter 2014. Operating expenses further down by 3.7% q-o-q and 11.4% y-o-y on a comparable basis. Accelerated provisioning
More informationCEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO
1 Agenda CEO s review Veli-Matti Mattila, CEO Financial review Jari Kinnunen, CFO CEO s review 2015 overview Q4 2015 financial and operational highlights Segment review Strategy execution Outlook and guidance
More information