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Published byMeghan Griffin Modified over 9 years ago
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Telenor Broadcast Q1 2015 Input from Finance
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Q1 2015 Broadcast Revenues and EBITDA in line with last year adjusted for Conax divestment. 7k DTH subscriber loss in Q1 Capex reduction due to completed DAB rollout in Norkring, lower investment in satellite ground equipment and lower platform investments in Canal Digital. Successful launch of Thor 7 satellite on April 26 th. Revenues (NOK m) and EBITDA margin EBITDA and capex (NOK m) -2 % -4 % Organic growth Organic growth assuming fixed currency, adjusted for acquisitions and disposals. EBITDA and EBITDA margin before other items.
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Revenues (NOKm) and EBITDA% EBITDA and capex (NOKm) Q1 2015 Canal Digital DTH Revenues decreased by 1% due to lower subscriber base and less hardware sale, partly offset by price increases and currency. EBITDA margin 15%, and on level with Q1 last year. 7K DTH subscriber loss in Q1 15 Organic growth assuming fixed currency, adjusted for acquisitions and disposals. EBITDA and EBITDA margin before other items. -2% -5%
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Canal Digital DTH Competitive market and stable DTH ARPU - 7K DTH subscriber loss in Q1 15 DTH905,000 (920,000) NOK 368 (NOK 367) 79.000 (86,000) 54,000 (52,000) Subscribers Monthly ARPU 464,000 (477,000) 308,000 (306,000) *in brackets: Q114
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Revenues (NOKm) and EBITDA% EBITDA and capex (NOKm) Q1 2015 Satellite Broadcasting Revenues increased by 3% mainly driven by strong dollar. EBITDA margin decreased by 1 p.p. due to higher operating cost partly related to Thor 7 launch. CAPEX decreased due to lower investments in ground infrastructure. Successful Thor 7 launch on April 26 th enabling growth in DTH broadcasting and maritime VSAT services. Organic growth assuming fixed currency, adjusted for acquisitions and disposals. EBITDA and EBITDA margin before other items. -4% -6%
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Revenues (NOKm) and EBITDA% EBITDA and capex (NOKm) Q1 2015 Norkring Revenues increased by 2% due to DAB roll out and more tenants on Norkring's towers. EBITDA margin decreased by 1 p.p. due to higher maintenance cost. Organic growth assuming fixed currency, adjusted for acquisitions and disposals. EBITDA and EBITDA margin before other items. +2% -1%
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