Telekom Austria AG · VIE:TKA
Telekom Austria — Shareholder Meeting (May 2018)
49 slides from Telekom Austria's shareholder meeting presentation, May 30, 2018
Slide 1: Annual General Meeting 2018
ANNUAL GENERAL MEETING 2018 VIENNA, 30 MAY 2018
Slide 2: Agenda
Agenda 01 Report on the fiscal year 2017 02 Appropriation of the net profit 03 Discharge of the members of the Management Board 04 Discharge of the members of the Supervisory Board 05 Compensation for the members of the Supervisory Board 06 Elections to the Supervisory Board 07 Election of the audit
Slide 3: Agenda item 1: Report on the fiscal year 2017
Agenda item 1 Report on the fiscal year 2017
Slide 4: The Digital Journey continues...
The Digital Journey continues...
Slide 5: Good Performance
Good Performance Revenues EBITDA Net result +4.1% +3.2% -16.4% reported +13.4% adjusted* Free cash flow Mobile contract RGUs** +65.8% subscribers TV +10.7% +3.6% BB +3.3% * Adjusted for EUR 123.2 mn non-cash relevant brand value amortisation in the financial year 2017 5 ** Revenue generating units
Slide 6: One Company. One Brand.
One Company. One Brand. 6
Slide 7: One Company. One Brand.
One Company. One Brand. 7
Slide 8: Flexibility of the A1 Logo
Flexibility of the A1 Logo. Corporate ‘A’. Product-related & situative ‘A’s.
Slide 9: Evolving to a digital Telco
Evolving to a digital Telco Digitalizing B2B A1 Digital
Slide 10: A1 Digital
A1 Digital Cloud-based software and IT infrastructure for Europe Internet of Things – Connected devices and products Mobilisation of business processes Industry-specific solutions Cloud services
Slide 11: Evolving to a digital Telco
Evolving to a digital Telco Digitalizing B2B A1 Digital Digitalizing B2C
Slide 12: Digitalizing B2C
Digitalizing B2C Digitalization of customer relations Holistic customer view Marketing automation Big Data & Advanced Analytics We are digitalising ourselves
Slide 13: Evolving to a digital Telco
Evolving to a digital Telco Digitalizing B2B Best A1 Digital infrastructure Digitalizing B2C
Slide 14: Best infrastructure
Best infrastructure Best network 5G preparation to support future business Accelerated fibre roll-out New data centres
Slide 15: Evolving to a digital Telco
Evolving to a digital Telco Digitalizing Best B2B infrastructure A1 Digital Digitalizing Content is B2C key
Slide 16: Content is key
Content is key TV & media content Croatia: Champions League & Vip Adria League season 1 Bulgaria: 2 sports channels A1 eSports League Austria OTT services & products e.g. A1 Xplore Music
Slide 17: Evolving to a digital Telco
Evolving to a digital Telco Digitalizing Best Digital B2B infrastructure working A1 Digital Digitalizing Content is B2C key
Slide 18: Digital working
Digital Guiding working principles – Trust, team, Modern- agility ising work environ- ment for Intra- digital jobs preneur- ship – Promoting internal New ideas digital learning platform New office concept
Slide 19: Evolving to a digital Telco: Summary
Evolving to a digital Telco Summary Digitalizing Best Digital B2B infrastructure working A1 Digital Digitalizing Content is B2C key
Slide 20: Markets
Telekom Austria Group 2017 i Markets ; / sites Pea” - ; ee,
Slide 21: Group: Growth path continued in 2017
Group: Growth path continued in 2017 Financial figures 2017 2016 +/- % in EUR mn reported reported Group revenues 4,382.5 4,211.5 +4.1 EBITDA 1,397.3 1,354.3 +3.2 EBITDA margin 31.9% 32.2% - 2017 2016 +/- % reported reported Net result (reported) 345.5 413.2 -16.4 Net result (adjusted*) 468.7 413.2
Slide 22: Group: Solid balance sheet structure was further strengthened
Group: Solid balance sheet structure was further strengthened Financial figures 2017 2016 +/- % in EUR mn reported reported Equity ratio 38.5% 34.9% Net debt* 2,332 2,339 -0.3 Net debt/EBITDA 1.7x 1.7x Free cash flow 385 232 +65.8 * Hybrid bond (EUR 600 mn) called and repaid on 1 February 2018, repo
Slide 23: Austria
Austria Financial figures 2017 2016 +/- % in EUR mn reported reported Revenues 2,622.3 2,571.6 +2.0 EBITDA 914,2 899.7 +1.6 EBITDA margin 34.9% 35.0% - Mobile customers RGUs* (excl. 5,335k voice telephony) 1,744k Contract subscribers: -1.2% +1.9% * Revenue generating units Annual General Meeting 201
Slide 24: Bulgaria
Bulgaria Financial figures 2017 2016 +/- % in EUR mn reported reported Revenues 431.2 412.0 +4.7 EBITDA 130,1 125.6 +3.6 EBITDA margin 30.2% 30.5% - Mobile customers RGUs* (excl. voice 3,977k telephony) 920k Contract subscribers: +1.4% -0.3% * Revenue-generating units Annual General Meeting 2018 24
Slide 25: Croatia
Croatia Financial figures 2017 2016 +/- % in EUR mn reported reported Revenues 434.9 398.3 +9.2 EBITDA 108.0 88.3 +22.4 EBITDA margin 24.8% 22.2% - Mobile customers RGUs* (excl. 1,773k voice telephony) 461k Contract subscribers: +5.6% +14.0% * Revenue-generating units Annual General Meeting 2018 25
Slide 26: Belarus
Belarus Mobile customers 4,864k Financial figures 2017 2016 +/- % in EUR mn reported reported Contract Revenues 390.5 321.0 +21.6 subscribers: -0.2% EBITDA 181,3 151.5 +19.6 EBITDA margin 46.4% 47.2% - RGUs* (excl. voice telephony) Financial figures 2017 2016 461k +/- % in BYN mn reported reported R
Slide 27: Additional Markets – Financial Figures
Additional Markets – Financial Figures Slovenia 2017 2016 +/- % in EUR million reported reported Revenues 216.1 214.1 +0.9 EBITDA 40,6 52.8 -23.2 Republic of Serbia 2017 2016 +/- % in EUR million reported reported Revenues 230.8 221.1 +4.4 EBITDA 38,4 38.8 -1.2 Republic of Macedonia 2017 2016 +/- %
Slide 28: Share Price
Telekom Austria Group
Slide 29: Performance of the Telekom Austria share
Performance of the Telekom Austria share Performance since 2017*: Performance YTD*: TKA: +34.6% TKA: -2.3% ATX: +30.0% ATX: -0.4% Telco: -11.7% Telco: -8.4% 160 140 Treasury shares: 120 • Holdings as of 30 May 100 2018: 415,159 shares • No transactions in the 80 financial year 2017 60 Jan 2017 Apr 2
Slide 30: Outlook
Telekom Austria Group 2018
Slide 31: Guidance, expectation, achieved
2017 GUIDANCE EXPECTATION ACHIEVED 2018 REVENUES +3% +3.6% +4.1% +1-2% CAPEX ~ EUR 745 mn EUR 739 mn EUR 737 mn ~ EUR 750 mn DIVIDEND* EUR 0.20 - - EUR 0.20 Guidance and results on reported basis * Proposal to the 2018 and 2019 Annual General Meetings Annual General Meeting 2018 31
Slide 32: Agenda item 2: Appropriation of the net profit
Agenda item 2 Appropriation of the net profit
Slide 33: Appropriation of the net profit
Appropriation of the net profit The Management Board and the Supervisory Board propose to use the net profit of Telekom Austria AG generated in the 2017 fiscal year in the amount of EUR 345,500,000 as follows: Distribution of a dividend of EUR 0.20 per eligible no par value share The remainder i
Slide 34: Agenda item 3: Discharge of the Management Board
Agenda item 3 Discharge of the members of the Management Board
Slide 35: Discharge of the members of the Management Board
Discharge of the members of the Management Board The Management Board and the Supervisory Board of Telekom Austria AG propose to grant discharge to the members of the Management Board for the fiscal year 2017. Annual General Meeting 2018 35
Slide 36: Agenda item 4: Discharge of the Supervisory Board
Agenda item 4 Discharge of the members of the Supervisory Board
Slide 37: Discharge of the members of the Supervisory Board
Discharge of the members of the Supervisory Board The Management Board and the Supervisory Board of Telekom Austria AG propose to grant discharge to the members of the Supervisory Board for the fiscal year 2017. Annual General Meeting 2018 37
Slide 38: Agenda item 5: Compensation for the Supervisory Board
Agenda item 5 Compensation for the members of the Supervisory Board
Slide 39: Compensation for the members of the Supervisory Board
Compensation for the members of the Supervisory Board The Management Board and the Supervisory Board of Telekom Austria AG propose to determine the remuneration for the elected members of the Supervisory Board for the 2017 financial year as follows: 2017 For the chair EUR 40,000 For the deputy chair
Slide 40: Agenda item 6: Elections to the Supervisory Board
Agenda item 6 Elections to the Supervisory Board
Slide 41: Dr. Edith Hlawati
Dr. Edith Hlawati Proposal for the election of Ms. Dr. Edith Hlawati, born 08 June 1957, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the business year 2022, to the Supervisory Board of the Company. Ms. Hlawa
Slide 42: Mag. Bettina Glatz-Kremsner
Mag. Bettina Glatz-Kremsner Proposal for the election of Ms. Mag. Bettina Glatz-Kremsner, born 30 September 1962, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the business year 2022, to the Supervisory Board
Slide 43: Daniela Lecuona Torras
Daniela Lecuona Torras Proposal for the election of Ms. Daniela Lecuona Torras, born 21 December 1982, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the business year 2021, to the Supervisory Board of the Comp
Slide 44: Carlos García Moreno Elizondo
Carlos García Moreno Elizondo Proposal for the election of Mr. Carlos García Moreno Elizondo, born 06 January 1957, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the business year 2022, to the Supervisory Boar
Slide 45: Carlos M. Jarque
Carlos M. Jarque Proposal for the election of Mr. Carlos M. Jarque, born 18 October 1954, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the business year 2021, to the Supervisory Board of the Company. Mr. Jarq
Slide 46: Oscar Von Hauske Solís
Oscar Von Hauske Solís Proposal for the election of Mr. Oscar Von Hauske Solís, born 01 September 1957, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the business year 2022, to the Supervisory Board of the Com
Slide 47: Agenda item 7: Election of the auditors
Agenda item 7 Election of the auditors of the financial statements and of the consolidated financial statements
Slide 48: Election of the auditors of the financial statements
Election of the auditors of the financial statements and of the consolidated financial statements The Supervisory Board of Telekom Austria AG proposes to elect Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H , Vienna, as auditor and Group auditor for the 2018 fiscal year. Annual General Meeting
Slide 49: Many thanks for attending!
Many thanks for attending! https://www.a1.group/ Annual General Meeting 2018 49