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EQS-News: A1 Group: Results Q1 2024

eqs_en 
0 0 16.04.24
EQS-News: A1 Group: Results Q1 2024
 

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: [email protected]
Internet: www.a1.group
ISIN: AT0000720008
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1881961

 
End of News EQS News Service

1881961  16.04.2024 CET/CEST

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Telekom Austria AG Stock

€8.05
0.250%
Telekom Austria AG gained 0.250% compared to yesterday.
The community is currently still undecided about Telekom Austria AG with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 10 € shows a positive potential of 24.22% compared to the current price of 8.05 € for Telekom Austria AG.
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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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