MegaFon announces financial results for Q2 2015 and H1 2015 highlighting solid operational efficiency
2015-07-30
MOSCOW, Russia (30 July 2015) — PJSC “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian telecommunications operator, announces its unaudited consolidated financial results1 for the second quarter and first half of 2015.
Key highlights of the Second Quarter 20152
- Consolidated revenue decreased by 0.7% year over year (“y-o-y”)3 to RUB 76,141 million
- Revenue from wireless data services increased by 20.3% y-o-y to RUB 19,459 million
- OIBDA increased by 1.3% y-o-y to RUB 34,737 million
- OIBDA margin was 45.6% versus 44.7% in Q2 2014
- Net Profit decreased by 6.4% y-o-y to RUB 13,001 million
- CAPEX decreased by 6.4% y-o-y to RUB 12,536 million
- Free Cash Flow amounted to RUB 19,345 million
- Net Debt as of 30 June 2015 was RUB 113,608 million
- The number of mobile subscribers grew by 5.1% y-o-y to 73.8 million4 as of 30 June 2015
Key highlights of the First Half of 2015
- Consolidated revenue decreased by 0.9% y-o-y to RUB 150,124 million
- Revenue from wireless data services increased by 15.4% y-o-y to RUB 37,314 million
- OIBDA decreased by 0.1% y-o-y to RUB 66,701 million
- OIBDA margin grew to 44.4% versus 44.1% in 2014
- Net Profit decreased by 3.4% y-o-y to RUB 20,403 million
- CAPEX decreased by 5.1% y-o-y to RUB 20,629 million
- Free Cash Flow totaled RUB 31,091 million
Download full press release in PDF
Operational and Financial Data Pack
MegaFon will be hosting an analyst and investors conference call today with a simultaneous audiocast to discuss its Q2 2015 results.
Time: 11.00 (New York time), 16.00 (London time), 18.00 (Moscow time)
Dial-in details:
Local — Moscow, Russia +7 495 213 0978 National free phone — Russian Federation +8 800 500 9311 Local — London, United Kingdom +44 (0) 20 3427 1914 National free phone — United Kingdom 0 800 279 4841 Local — New York, United States of America +1 646 254 3363 National free phone — United States of America +1 877 280 2296 Access confirmation code: 8579036 Password: MegaFon
For access to the live and on demand webcast from any IOS apple or Android mobile devices:
Replay facilities will be available for 7 days:
Replay facilities (will be available for 7 days) Replay password 8579036 followed by # Russia Toll Free +8 10 800 2870 1012 UK Toll Free 0 800 358 7735 USA Toll Free +1 866 932 5017 Local – Moscow, Russia + 495 705 9453 Local — London, United Kingdom +44(0)20 3427 0598 Local — New York, United States of America +1 347 366 9565
1 Based on the IFRS interim condensed consolidated financial statements reviewed by JSC KPMG 2 See Schedule 1 for definitions of the terms used and Schedule 2 for the reconciliation of Non-IFRS measures. Due to rounding manual calculations for financials and KPIs may differ from those displayed 3 Year over year (or “y-o-y”) means the same periods in the current and previous year on either a quarterly or yearly basis 4 Consolidated data includes subscribers of the Company in Russia and the subscribers of its subsidiaries: “TT mobile” CJSC in the Republic of Tajikistan, “AQUAFON-GSM” CJSC in the Republic of Abkhazia and “OSTELEKOM” CJSC in the Republic of South Ossetia
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