A1 Telekom Austria Group reports 3% rise in FY 2017 revenue

14 Feb 2018

A1 Telekom Austria Group has posted total revenues of EUR4.38 billion (USD5.40 billion) for the twelve months ended 31 December 2017, an increase of 3.0% from EUR4.25 billion in the year-ago period. The growth was driven by strong operational performance in Belarus where revenue grew 15.2% year-on-year, as well as higher total revenues in Austria (+2%), Bulgaria (4.7%), Croatia (2.6%), Serbia (4.4%) and Slovenia (0.9%). These increases were only partly offset by a 4.5% decline in total revenues in Macedonia. Group EBITDA grew 2.0% from EUR1.37 billion in 2016 to EUR1.39 billion twelve months later, although A1 Telekom Austria Group reported a net result of EUR345.5 million in 2017, compared to EUR413.2 million the previous year, negatively impacted by brand value amortisation of EUR123.2 million in 2017.

At the end of 2017 A1 Telekom Austria Group reported a total of 20.66 million wireless subscribers, a decrease of 0.2% year-on-year, as customers declined in Austria (by 1.9%), Bulgaria (3.2%), Belarus (1.6%), Slovenia (1.5%) and Macedonia (2.8%). Total wireline RGUs fell by 0.6% y-o-y to 6.04 million at 31 December 2017; A1 Telekom Austria Group noted that the decline in Austria and Bulgaria, which was mainly driven by voice RGUs, was partly offset by increases in Belarus, Macedonia, Slovenia and Croatia.

Austria, A1 Telekom Austria Group