Telekom Austria Group: Outstanding Results for the First Nine Months 2006 Thanks to International Operations
14 Noviembre 2006 - 12:56AM
PR Newswire (US)
VIENNA, Austria, November 14 /PRNewswire-FirstCall/ -- Telekom
Austria AG (VSE: TKA; NYSE: TKA) today announced its results for
the first nine months of 2006 and the third quarter ending
September 30, 2006. Year-to-date comparison: During the first nine
months of 2006, group revenue increased by 11.4% to EUR 3,560.3
million primarily due to the consolidation of Mobiltel. Both
segments contributed to the 24.2% growth in group operating income
to EUR 695.7 million, also due to the acquisition of Mobiltel.
Group operating income before depreciation, amortisation and
impairment charges (adjusted EBITDA) rose by 11.2% to EUR 1,531.7
million. Consolidated net income of Telekom Austria Group rose by
34.7% to EUR 498.5 million driven by higher operating income.
Earnings per share grew by 38.8% to EUR 1.05 during 1-9M 06. Group
capital expenditure for tangible and intangible assets increased by
11.5% to EUR 421.4 million during 1-9M 06 primarily due to the
consolidation of Mobiltel. Net debt decreased by 6.1% to EUR
2,923.3 million at the end of September 2006 compared to EUR
3,113.7 million at the end of December 2005. The net debt to equity
ratio (net gearing) decreased by 4.6 percentage points to 102.1% at
the end of September 2006 compared to the end of December 2005.
Quarterly comparison: Group revenue increased by 3.7% to EUR
1,232.3 million compared to the same period in 2005. Wireline
revenue decreased by 0.4% to EUR 529.8 million in 3Q 06 as higher
revenue from Internet access and wholesale partly offset lower
voice revenue. Wireless revenue increased by 7.2% to EUR 772.9
million in 3Q 06, primarily due to the strong performance of the
international operations. Group operating income rose by 6.6% to
EUR 281.6 million during 3Q 06 with the increase in the wireless
segment more than offsetting lower operating income in the wireline
segment. Group depreciation and amortisation charges fell from EUR
284.9 million in 2Q 06 to EUR 268.3 million in 3Q 06 as a result of
expiration of depreciation and amortisation cycles. Group adjusted
EBITDA rose by 0.7% to EUR 549.9 million in 3Q 06 as growth in the
wireless segment offset a decline in the wireline segment. Net
income rose by 16.0% to EUR 213.6 million in 3Q 06 and earnings per
share increased by 19.9% to EUR 0.45. Group capital expenditure for
tangible and intangible assets increased by 15.6% to EUR 148.5
million during 3Q 06 mainly due to higher UMTS and HSDPA
investments in Bulgaria and Austria. For more detailed information
about the financial results for the first nine months 2006 please
refer to the corresponding interim report on Telekom Austria's
website at http://www.telekom.at/interim_reports Contacts:
Elisabeth Mattes Group Spokeswoman Phone: +43-664-331-2730 E-Mail:
Peter Zydek Head of Investor Relations Phone: +43-59059-1-19000
E-Mail: DATASOURCE: Telekom Austria AG CONTACT: Contacts: Elisabeth
Mattes, Group Spokeswoman, Phone: +43-664-331-2730, E-Mail: , Peter
Zydek, Head of Investor Relations, Phone: +43-59059-1-19000,
E-Mail:
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