EQS-News: 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:
[1] https://a1.group/investor-relations/results-center/

For more information, visit the website:
[2] 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 

• 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

1881961  16.04.2024 CET/CEST

References

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2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=e7967b86e9c26858db28299e51833c86&application_id=1881961&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

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