TELEKOM AUSTRIA AG EQS-News: A1 Group: Results Q1 2024

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16/04/2024 19:05

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.

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