Telekom Austria AG / AT0000720008

Relevant documentation on the results can be found at the following link:
https://a1.group/investor-relations/results-center/


For more information, visit the website: https://a1.group/investor-relations/

Highlights Q3 and 1-9M 2024 Revenues: +2.1% versus Q3 2023, despite decline in equipment revenues. Service revenues: +3.1%, driven by value-protecting measures and strong fixed-line performance in CEE. OPEX: Operational increase in core OPEX resulting mainly from higher total workforce costs; higher restructuring costs almost levels out with one-off effects EBITDA: +5.1% to EUR 548 mn with a margin improvement from 39.3% to 40.4%. Net result: 1-9M: 1.3% lower on a proforma basis due to higher D&A and 11.8% lower on a reported basis due to additionally higher D&A for towers. CAPEX: 21.2% lower yoy in 1-9M due to lower spectrum CAPEX and CAPEX savings. Free Cashflow: +28.7% in 1-9M 2024 due to lower CAPEX and better operational result. ESG Rating: A1 received Gold medal and is ranked top 3% in Ecovadis sustainability rating. Outlook confirmed: Total revenue growth of 3-4%, CAPEX ex. spectrum of around EUR 800 mn   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
Video clip: The Management Board of A1 Group presents the results of Q3 and 1-9M of 2024