A1 Group: Results Q1 2024
16.04.2024 - 19:05:21A1 Group: Results Q1 2024. Telekom Austria AG / AT0000720008
| Telekom Austria AG / Key word(s): Quarter Results/Quarter Results 16.04.2024 / 19:05 CET/CEST The issuer is solely responsible for the content of this announcement. Telekom Austria: A1 Group announces results for Q1 2024. 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 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 ~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 16.04.2024 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com |
| 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 |
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