Sales down 4% at Telekom Slovenije

24 Feb 2017

Telekom Slovenije has seen a slide in its consolidated net profit for 2016 to EUR39.9 million (USD42.1 million), from EUR68.6 million the year before, due to the exclusion of its subsidiary in Macedonia which merged with Telekom Austria’s Macedonian unit in October 2015. Net sales fell 4% year-on-year to EUR701.7 million, while EBITDA dropped 3% to EUR199.3 million. The group said that on a pro forma basis sales would have been up 1%.

Telekom Slovenije Group claimed 346,238 broadband subscribers at the end of 2016, up 6% year-on-year, including 204,741 in its domestic market (up 2%) and 141,497 in Kosovo and Bosnia & Herzegovina. While there was a 6% fall in Slovenian mobile customers to 1.11 million, there was a corresponding 6% rise in its other two markets to 657,754. The number of VoIP users increased 4% to just under 200,000.

Bosnia-Herzegovina, Kosovo, Slovenia, Blicnet, IPKO, Telekom Slovenije (incl. Mobitel)