Digi Communications Nv · BVB:DIGI
Digi Communications Nv — Investor Presentation (December 2021)
22 slides from Digi Communications Nv's investor presentation, December 2021
Slide 1: Investor presentation December 2021
Investor presentation December 2021
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: The information in this document has been prepared by Digi Communications N.V., (the "Company“ or “DIGI”) and solely for use during the pres
Slide 3: Recent developments: Romania
Recent developments Romania • On November, 23, 2021 the Romanian Authority for Telecommunications (ANCOM) finalised the auction for the allocation of the frequency rights in the 800 MHz, 2600 MHz, 3400- 3600 MHz bands. • ANCOM designated RCS&RDS as winner of the frequency rights in the 800 MHz (1 lo
Slide 4: Recent developments: Portugal and fiber
Recent developments Portugal • On October, 27, 2021, the Portuguese Authority for Telecommunications (ANACOM) finalised the auction which began on December 22, 2020, for the allocation of the frequency user rights in the 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz bands. ANACOM designat
Slide 5: Recent developments: Sale of Hungarian operations
Recent developments Sale of Hungarian operations On November 29, 2021 the Company’s Romanian subsidiary (RCS&RDS) and 4iG Plc. (4 iG Plc.) one of the leading companies of the Hungarian IT and ICT market, concluded the sale and purchase agreement regarding the the acquisition of DIGI Tavkozlesi Szolg
Slide 6: Leading telecommunications Group with business in Romania, Spain, Hungary, and Italy
Group Leading telecommunications Group with business in Romania, Spain, Hungary, and Italy 27% 59% Romania Spain & Italy 14% Hungary 9M Sept 2021 9M Sept 2021 9M Sept 2021 Revenue1: Revenue1: Revenue1: €642m €276m €147m Adj. EBITDA margin2: Adj. EBITDA Margin (Spain)2: Adj. EBITDA margin2: 42% 14% 1
Slide 7: Contents
Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Romania, H
Slide 8: At a glance: Sustained growth profile still ongoing
Group At a glance: Sustained growth profile still ongoing Group revenue Group adjusted EBITDA Group capex2 +8% 1,282 (€m) (€m), margin (%) 1,186 IFRS 16 impact • Fiber network: low maintenance capex and no large scale upgrades required1 ; in Spain fixed network to be developed +12% 31% 31% 32% 32% 2
Slide 9: At a glance: Sustained growth profile still ongoing
Group At a glance: Sustained growth profile still ongoing RGUs ARPU’s RGU (thousand) 19,857 +50% 1,760 Group total 13,273 7,329 +14% 1,639 +13% 5.3 5.4 5.7 5.7 5.7 +14% 4,469 +11% 4,795 +12% +18% 2017 2018 2019 2020 Q3 2021 2,751 +19% +10% 5,973 4,414 +5% +5% +12% +9% 2017 2018 2019 2020 Sep-21 Pay
Slide 10: …backed by a prudent capital structure
Group …backed by a prudent capital structure Group net debt1 to adjusted EBITDA2 Peer net debt to adj. EBITDA4 As of Q3 2021 reported numbers Post-IFRS 16 Pre-IFRS16 3.9x 3.7x Median: 3.1x 2.5x 2.8x 2.6x 2.6x 2.6x 2.3x 3 2018 2019 3 2020 Q3 21 3 Notes: 1. Net debt (excluding impact of IFRS 16) for p
Slide 11: Highlights Q3 months 2021
Highlights Q3 months 2021 Continuous Growth Profile EUR 368 million group consolidated Revenues REVENUES +12% for 3m 2021 (+12% compared with previous period) RGU +12% RGU YoY increase up to 19.9 million Group EBITDA +7 % EUR 114 million Adj EBITDA (excl IFRS 16) for 3m 2021 Outstanding growth rate
Slide 12: Contents
Group Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Roma
Slide 13: Contents
Group Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Roma
Slide 14: Market Leader in Romania
Market Leader in Romania Fiber network(1) Mobile(1) Internet Others 1 9% TV 14% 12% 17% 9% 12% 14% 64% 14% 35% 65% 35% Note: 1. Market shares are based on company and peers reported subscriber numbers and regulator data for market size as of Q3 2021. Source: Company data, ANCOM, Peer reporting
Slide 15: … and Leading Challenger in Hungary
… and Leading Challenger in Hungary Cable TV(1) Fixed internet and data(1) Fixed telephony(1) Others Others Others 16% 9% 17% 34% 40% 22% 49% 27% 22% 20% 23% 21% Note: 1. Market shares as of 30 June-2021. Source: NMHH
Slide 16: Strong sustained commercial success in Spain
Strong sustained commercial success in Spain RGUs Mobile Portability RGU (‘000) RGUs(‘000) 350.0 78 85 80 66 75 300.0 70 65 250.0 60 45 55 200.0 50 36 393 45 32 327 40 150.0 35 23 249 30 1 1 1 1 1 100.0 204 25 168 20 97.0 136 15 100 91.3 50.0 10 5 0.0 0 80 71.5 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 59
Slide 17: Contents
Contents Digi at a glance: sustained growth profile, solid track record in customers, revenues & EBITDA Due to our leading commercial proposition for customers… We are market leaders in core business lines and benefit from robust RGU growth… Based on our advanced network infrastructure in Romania, H
Slide 18: Well invested fixed line network in Romania & Hungary
Well invested fixed line network in Romania & Hungary Modern, resilient fiber-based infrastructure in Romania Expanding fiber-footprint in Hungary • Very dense, nationwide network ~100% owned • Technologically advanced fixed fiber network1 • Nationwide last-mile 1Gbps connection with multiple • ~2.1
Slide 19: …and investment cycle in progress in Spain
…and investment cycle in progress in Spain Rolling out fiber-footprint in Spain • Launch of FTTH fixed broadband and fixed telephony in September 2018 • Indirect access on Telefonica FTTH GPON network based on the NEBA regulation
Slide 20: Mobile network in expansion
Mobile network in expansion Newly built own mobile network, coverage increasing in Romania Rolling out own mobile network in Hungary • ~5,900 base stations (approximately 99% of which are 4G) • Launched own mobile network in May 2019, with services in testing phase and • Dense fiber network ideal fo
Slide 21: Q&A
Q&A
Slide 22: Contact
Contact You can find us on: Web: www.digi-communications.ro Email: [email protected]
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