MegaFon Q3 2015: wireless data services revenue up 24.6% YoY

MOSCOW, 2-11-2015 — /EuropaWire/ — PJSC “MegaFon” (“MegaFon”, or the “Company”) (LSE: MFON), a leading Russian telecommunications operator, announces its unaudited consolidated financial results1 for the third quarter and the first nine months of 2015.

Key Financial and Operational Highlights of the Third Quarter 20152

• Consolidated revenue increased by 0.3% year over year (“y-o-y”)3 to RUB 81,279 million
• Revenue from wireless data services increased by 24.6% y-o-y to RUB 21,625 million
• OIBDA decreased by 3.0% y-o-y to RUB 36,145 million
• OIBDA margin decreased to 44.5% versus 46.0% in Q3 2014
• Net Profit increased by 4.0% y-o-y to RUB 13,306 million
• CAPEX increased by 81.6% y-o-y to RUB 25,908 million
• Free Cash Flow amounted to RUB 8,870 million
• Net Debt as of 30 September 2015 was RUB 122,964 million
• The number of mobile subscribers grew by 6.2% y-o-y to 75.9 million4 as of 30 September 2015

Key Financial Highlights for the First Nine Months of 2015

• Consolidated revenue decreased by 0.5% y-o-y to RUB 231,403 million
• Revenue from wireless data services increased by 18.6% y-o-y to RUB 58,939 million
• OIBDA decreased by 1.2% y-o-y to RUB 102,846 million
• OIBDA margin was 44.4% versus 44.7% y-o-y
• Net Profit decreased by 0.6% y-o-y to RUB 33,709 million
• CAPEX increased by 29.2% y-o-y to RUB 46,537 million
• Free Cash Flow totaled RUB 39,961 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 Q3 2015 results.
Time: 11.00 (New York time), 15.00 (London time), 18.00 (Moscow time)

Download presentation in PDF

Dial-in details:

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:

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.

SOURCE: MegaFon