EANS-News: Telekom Austria AG / Results for the Fourth Quarter and Full Year 2019 - ATTACHMENT

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

Annual Result/Quarterly Report

Vienna -

* Group total revenues increased by 4.1 %, with flat service revenues in Austria
and Slovenia and growth in all other markets.
* Mobile service revenues rose in all markets except for Slovenia and were
mainly driven by the ongoing strong demand for mobile WiFi routers.
* Fixed-line service revenues continued to grow, with a steady increase in
solutions and connectivity revenues in Austria and further strong performance
in Bulgaria.

o Mobile contract subscribers rose by 4.4 % year-on-year, with growth in all
markets except for Bulgaria, which was impacted by the removal of inactive
SIM cards in Q1 2019.
o Fixed-line RGUs decreased by 1.0 % year-on-year, as TV RGU growth mitigated
the decline of fixed-line voice and fewer low-bandwidth broadband RGUs in
Austria.

* Group EBITDA excluding restructuring charges increased by 8.2 % (reported:
+6.4 %), driven by higher service revenues.

o In Austria, EBITDA excluding restructuring charges rose slightly by 0.3 %,
mostly enabled by operational efficiency.
o All international operations contributed to EBITDA growth, especially driven
by Belarus, Serbia and Croatia.

* Net result declined from EUR 42.5 mn in Q4 2018 to EUR 35.3 mn in Q4 2019,
driven by higher deferred tax expenses due to an appreciation of affiliates.
* Free cash flow increased from EUR 58.0 mn in Q4 2018 to EUR 89.4 mn in the
reporting period, mostly driven by better operational performance and lower
capital expenditures paid.
* Guidance 2020: approximately 1-2 % higher revenues and CAPEX at EUR 770 mn
excl. spectrum investments and acquisitions.

Further inquiry note:
Martin Stenitzer
Head of Investor Relations
Tel.: +43 (0) 50 664 23066
Email: martin.stenitzer@a1.group

end of announcement euro adhoc
--------------------------------------------------------------------------------

Attachments with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/documents/287/5/10406187/1/TKA_Q4_2019_Results.pdf

issuer: Telekom Austria AG
Lassallestrasse 9
A-1020 Wien
phone: 004350664 47500
FAX:
mail: investor.relations@a1.group
WWW: www.a1.group
ISIN: AT0000720008
indexes: ATX, WBI
stockmarkets: Wien
language: English

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE

print