Mobistar third quarter 2015 results
(Thomson Reuters ONE) -
Return to growth achieved in Q3 2015
Full year 2015 guidance upgraded
Brussels, 20 October 2015 - Today, Mobistar (Euronext Brussels: MOBB) publishes
its results for the third quarter and first nine months of 2015. Mobistar has
delivered on its efficiency plan ahead of schedule and continues to demonstrate
its ability to transform and generate additional leeway to fuel mobile customers
net additions and fund upfront cable investments whilst restoring its overall
margins. Mobistar's solid commercial and operational performance has led to
positive year-on-year growth in both total service revenues and restated EBITDA:
* Mobistar's retail customer base in Belgium further increased sequentially in
the third quarter of 2015, driven by the postpaid segment adding 8.3
thousand new customers, and a robust demand M2M/IoT (+22.6 thousand).
Mobistar's segmented offering, its loyalty program and the quality of its
network particularly contributed to the continuous improvement of customer
churn since the beginning of the year. Similarly, Orange Luxembourg's
customer base grew by 2.2 % this quarter compared to the previous quarter.
* In Belgium, Mobistar's postpaid ARPU increased by 3.6 % to 28.3 euros in the
third quarter of 2015, from 27.4 euros a year ago. Mobistar's outdoor and
indoor 4G coverage increased to 97 % and 83 %, respectively as of 30
September 2015. In the first nine months of 2015 Mobistar's total data
traffic increased 106 % year-over-year with 4G traffic representing more
than 50 % of the total monthly mobile data traffic in September 2015.
Combined with a rapid market penetration of smartphones amongst its customer
base, the data traffic increase, correlated to 4G services, supported the
positive ARPU trend. Mobistar's ARPU also benefitted from a healthy demand
and usage for data roaming services.
* Experiencing a solid commercial performance, Mobistar also delivered sound
financial results in the first nine months of 2015:
* Total service revenues of 813.9 million euros, -1.5 % yoy, (+0.9 % yoy
in Q3 2015);
* A restated EBITDA of 228.1 million euros, +4.8 % yoy (+11.3 % yoy in Q3
2015);
* An operational cash flow of 112.5 million euros, +62.1 % yoy (+63.3 %
yoy in Q3 2015).
* Mobistar is now only awaiting for the regulators to publish their final
decision on the wholesale cable prices to launch its high speed broadband
and digital TV services.
* Those solid results and the current operating trends, have led Mobistar to
upgrade its full year guidance for 2015. Mobistar is now expecting to exceed
the high-end of its initial guidance range of between 260 and 280 million
euros restated EBITDA excluding cable costs.
Mobistar Investor Relations
For the full PDF version, please click here below:
Q3 2015 results - FR:
http://hugin.info/134974/R/1959826/714315.pdf
Q3 2015 results - NL:
http://hugin.info/134974/R/1959826/714368.pdf
Q3 2015 results - UK:
http://hugin.info/134974/R/1959826/714314.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Mobistar via GlobeNewswire
[HUG#1959826]
Unternehmensinformation / Kurzprofil:
Datum: 20.10.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 427945
Anzahl Zeichen: 4095
contact information:
Town:
Brussels
Kategorie:
Business News
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