A1 Telekom Austria Group increases net result with the same turnover


In 2020, the A1 Telekom Austria Group gained almost 600,000 mobile customers and lost around 100,000 fixed line customers. The annual turnover of 4.5 billion euros was almost as high as in 2019 (-0.3%). A1 earns 2.6 billion of these in Austria (-1%). The Mexican group was able to increase its EBITDA (earnings before taxes, interest, depreciation and amortization) by one percent to 1.6 billion euros. This results in an EBITDA margin of 34.7 percent.

At the same time, the group profit increased. That goes out on Tuesday published business figures emerged. The operating result of 639 million euros is an increase of 3.9 percent, and a net profit of 389 million euros is a larger increase of 19 percent. A1 earns almost two thirds of the operating result in Austria, the rest in Bulgaria, Croatia, North Macedonia, Serbia, Slovenia and Belarus. A1 Telekom Austria withdrew from Liechtenstein in mid-2020.

The coronavirus pandemic has depressed both roaming and device sales. While the mobile communications business is shrinking in Belarus and Slovenia, it is growing in Austria, Bulgaria and Serbia. The company can expand its fixed line business in Bulgaria and Slovenia.

At the end of the year, the company had a total of 21.9 million mobile phone customers (+ 2.7%) who actively telephoned an average of 424 minutes per month (+ 17.3%), as well as 6.1 million fixed network customers (-1.6%). The majority of the A1 Telekom Austria Group is owned by the Mexican América Movil. This year the management is looking for further efficiencies. It would also like to generate more rental income from its transmission masts.


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