Telenor Group's subsidiary in Thailand, dtac, has today reported its first quarter 2018 results. Telenor's consolidated figures in NOK million are as follows:
Q1 18 Q1 17
Revenues 4,781 4,751
EBITDA before other items 2,073 1,656
EBITDA margin (before o.i) 43.4% 34.9%
EBITDA 2,057 1,653
Operating profit 398 193
Capex (excl. spectrum) 615 1,076
During the quarter, the total number of subscriptions decreased by 841,000 million 21.812 million.
According to the new accounting standard IFRS 15, the figures in NOK million for the first quarter 2018 are as follows:
Q118
Revenues 4,783
EBITDA before other items 2,067
Operating profit 392
Outlook 2018
- Service revenues excl interconnect: Around 2017 level (maintained)
- EBITDA margin: 34-36% (previously "EBITDA around 2017 level excl payment on TOT 2.3 GHz agreement")
- Capex: THB 15-18 billion (maintained)