TELEKOM SLOVENIJE, d.d., Ljubljana
Telekom Slovenije Group's 9-Month Business Results for 2019
Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange and the valid legislation, Telekom Slovenije, d.d., Cigaletova 15, Ljubljana, hereby publishes the following notification:
At its 2nd regular meeting, which took place on Wednesday, 6 November 2019, Telekom Slovenije’s Supervisory Board reviewed the Unaudited Business Report of the Telekom Slovenije Group and Telekom Slovenije, d.d., for the Period between January and September 2019.
In the nine months of this year, Telekom Slovenije Group’s earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at €166.2 million, which is 9 percent or €13.3 million more than in the same period last year, putting the EBITDA margin at 13.3%. The EBITDA-to-sales ratio at the Telekom Slovenije Group level was 32.8%, while in the same period last year it stood at 28.4%. Telekom Slovenije, d.d., achieved EBITDA of €139.0 million in the first nine months of the year, which is 12% more than in the same period last year.
In the nine months of this year, the Telekom Slovenije Group generated €507.4 million in net sales, while its total operating revenue amounted to €511.4 million. Net sales and operating revenue are lower than in the same period of last year, however, the revenue for 2019 no longer includes Blicnet, which was sold in 2018.This year, the revenue from the sale of mobile goods on the retail market was lower, as well as the revenue from IT goods and licenses and revenue in the wholesale market.
In the nine months of this year, Telekom Slovenije Group’s earnings before interest, taxes (EBIT) amounted to €35.9 million, which is 29 percent or €8.1 million more than in the same period last year. Telekom Slovenije, d.d., achieved EBIT of €32.7, which is 31% more than in the same period last year.
After corporate income tax with deferred taxes, Telekom Slovenije Group made €29.4 million in net profit in the nine months of this year, which is 25%, i.e. €5.8 million more than in the same period of 2018.
In the nine months Telekom Slovenije Group put €116.1 million towards investments.
The announcement will also be available on the company’s website (www.telekom.si) for a period of at least 10 years.
The Management Board of Telekom Slovenije, d. d.