"The third quarter showed good performance, with continued revenue growth and an all-time high EBITDA, supported by a strengthened cost focus across the Group. A key highlight this quarter is the encouraging sign of data monetisation in Bangladesh and Pakistan. While Norway was impacted by lower roaming revenues, we experienced solid uptake on our new mobile tariffs. High-speed broadband in Norway and Sweden performed well during the quarter.
During the quarter, we started executing on our strategic decision to divest our minority stake in VimpelCom Ltd. We will continue to focus on creating value from data growth in our core operations. As our customers increasingly demand more exciting and user-friendly services, we will focus on capturing growth opportunities while addressing costs through the digitisation and transformation of our core business," said Telenor Group Chief Executive Officer Sigve Brekke.
Key figures Telenor Group
(NOK in millions) | Q3 2016 | Q3 2015 | YTD 2016 | YTD 2015 |
Revenues | 32 794 | 31 836 | 98 284 | 94 688 |
Organic revenue growth (%) | 1.8 | 4.5 | 1.3 | 5.7 |
EBITDA before other income/ expenses | 12 459 | 11 848 | 35 689 | 33 338 |
EBITDA margin before other income/expenses (%) | 38.0 | 37.2 | 36.3 | 35.2 |
Profit after taxes and non-controlling interests | (4 821) | (1 770) | 546 | 5 539 |
Capex excl. licences and spectrum/Revenues (%) | 15.3 | 17.9 | 16.1 | 18.0 |
Capex/Revenues (%) | 15.8 | 19.9 | 19.7 | 18.8 |
Mobile subscriptions - Change in quarter/Total (million) | (0.9) | 5.2 | 211 | 196 |
Third quarter 2016 summary
Media Contact:
Meera Bhatia, mobile: (+47) 46 84 49 59, meera.bhatia@telenor.com
Investor Contact:
Marianne Moe, mobile: (+47) 91 61 76 31, marianne.moe@telenor.com
Helge Øien, mobile: (+47) 91 31 92 42, helge.oien@telenor.com
Press and analyst conference
In connection with the publication of the financial results, a press and analyst conference will be held on Tuesday 26 October at 09:00 hrs Norwegian time/CET. The presentation, which will also be broadcast live via webcast, will be held in Auditorium Voice, Telenor Expo Visitor Centre at Fornebu near Oslo. CEO Sigve Brekke and acting CFO Morten Karlsen Sørby will present the results. The presentation will be held in English.
You may also call in and listen to the presentation over the phone. This service allows you to ask questions during the Q&A session at the end of the presentation. To participate in the conference call, please register before the conference starts by calling +47 2350 0296 and state the confirmation code: 7336763
Material
The quarterly report and the English version of the presentation will be made available here http://www.telenor.com/investors/reports/2016/telenor-groups-results-for-the-3rd-quarter-2016/
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.