Digi Communications Nv · BVB:DIGI
Digi Communications Nv — Q1 2018 Earnings Presentation
14 slides from Digi Communications Nv's earnings presentation, May 2018
Slide 1: Investor presentation for the period ended March 31, 2018
DIGI COMMUNICATIONS N.V. (“the Company” or “DIGI”) Investor presentation for the period ended March 31, 2018
Slide 2: Disclaimer
p. 2 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
Slide 3: Group overview
Group overview Romania Hungary Spain & Other4 ‘Mil € 3 months ended 3 months ended 3 months ended Total3 March 31, 2018 March 31, 2018 March 31, 2018 Revenues2 €164.0 m €37.3 m €32.7 m €232.8 m EBITDA €64.2 m €7.9 m €5.3 m €77.5 m Adj EBITDA margin¹ 39.2% 21.2% 16.3% 33.3% Service offering / RGUs Ma
Slide 4: Recent developments
Recent developments Business • On 21 July 2017, DIGI Távközlési és Szolgáltató Kft. (“Digi HU”) our subsidiary in Hungary, acting as purchaser, has signed a share-purchase agreement with Ilford Holding Kft. and Invitel Technocom Távközlési Kft., acting as sellers for the acquisition of shares repres
Slide 5: Financial highlights
Financial highlights Results from continuing operations Key considerations • Revenues in Romania variation- mainly as a result of: EUR m • Increase in mobile telephony ARPU. • 1 Revenues Adj. EBITDA CAPEX Increase in our cable Tv and fixed 300.0 internet RGUs. 250.0 226.7 227.3 230.1 232.5 232.8 • D
Slide 6: Highlights Romania (1/2)
Highlights Romania (1/2) Revenue and Adj EBITDA Results of Operations1 Three months ended ‘Mil € March 31, % change 2017 2018 Revenues 165.3 164.0 -0.8% Adjusted EBITDA 48.5 64.2 32.4% Margin % 29.4% 39.2% Key considerations Revenue growth from the mobile telecommunication services, cable TV and f
Slide 7: Highlights Romania (2/2)
Highlights Romania (2/2) Subscribers Key considerations RGUs Period Ended Net Additions Thousand RGUs March 31, Last 12 Last 3 2017 2018 months months Cable TV 2,893 3,075 182 45 Fixed internet and data 2,149 2,328 179 44 Mobile telecommunications services1 3,305 3,373 68 (18) Fixed-line telephony 1
Slide 8: Highlights Hungary (1/2)
Highlights Hungary (1/2) Revenue and Adj EBITDA Results of Operations Three months ended ‘Mil € March 31, % change 2017 2018 Revenues 37.5 37.3 -0.5% Adjusted EBITDA 11.5 7.9 -31.3% Margin % 30.6% 21.2% Key considerations Revenue growth from the cable TV and fixed internet and data business lines
Slide 9: Highlights Hungary (2/2)
Highlights Hungary (2/2) Subscribers Key considerations RGUs Period Ended Net Additions Thousand RGUs March 31, Last 12 Last 3 2017 2018 months months Cable TV 480 505 25 5 Fixed internet and data 439 476 37 9 Mobile telecommunications services1 13 11 (2) (1) Fixed-line telephony 361 387 26 8 DTH 30
Slide 10: Highlights Other Territories
Highlights Other Territories Revenue and Adj EBITDA Three months ended ‘Mil € March 31, % change 2017 2018 Revenues1 Spain 21.7 27.1 24.9% Other 3.6 5.6 55.6% 25.3 32.7 29.2% Adj EBITDA 5.1 5.3 3.9% Subscribers & ARPU RGUs Period Ended Net Additions Thousand RGUs March 31, Last 12 Last 3 20172 20182
Slide 11: Group Financial Profile (1/2)
Group Financial Profile (1/2) Financial liabilities as of Maturity profile Long term loans & Notes March 31, 20181 (Mil €) Amount 400 Facility (Mil €) 350 2016 Senior Secured Notes 350.0 2016 Senior Facility 337.6 300 Financial leases 5.3 Other long term debt2 47.7 200 148 Other short term debt3 44.
Slide 12: Group Financial Profile (2/2)
Group Financial Profile (2/2) 1000 Key considerations 769 780 790 800 15 9 16 600 Total net debt1 as of March 31, 2018 is €774.9 760 764 775 million 400 Net Leverage2 is 2.6x and Gross Leverage is 2.6x. 200 Q1 2017 2017 Q1 2018 Net Debt Cash 3.8x 3.5x 3.3x 2.9x 3.0x 2.7x 2.6x 2.8x 2.9x 2.5x 2.7x
Slide 13: Contact
Contact You can find us on: Web: www.digi-communications.ro Email: [email protected] 13 DIGI
Slide 14: Q&A
Q&A 14 DIGI