3 Group grows H1 EBITDA 20%

Nieuws Mobiel Europa 25 AUG 2015
3 Group grows H1 EBITDA 20%
The 3 Group reported first-half revenues down 2 percent year-on-year to HKD 30.573 billion, hurt by negative currency effects. EBITDA still rose 20 percent to HKD 7.778 billion, and EBIT more than doubled, to HKD 4.924 billion from HKD 2.282 billion a year earlier. 

3's parent CK Hutchison said the company benefited from the acquisition of O2 Ireland and improved service margins in the UK. Excluding currency effects, service revenue rose 15 percent year-on-year and EBITDA was up 40 percent. The EBITDA margin improved to 32 percent from 26 percent in the year-earlier period. Capital expenditure, excluding licences, increased slightly to HKD 5.056 billion, while operating cash flow jumped 67 percent to HKD 2.722 billion. 

The mobile operator finished the period with 25.542 million active customers, up 2 percent compared to the end of 2014. Postpaid customers rose 1 percent in the six months to 17.155 million, and prepaid users were up a stronger 3 percent to 8.387 million. Net active ARPU, which excludes device payments, increased over the same period by 3 percent to EUR 17.69 on a 12-month trailing basis, and the net margin rose 5 percent to an average EUR 14.55 per active user.

3 also reported a strong increase in data traffic in the first half, to 430 petabytes compared to 263 PB in H1 2014. Data use per active customer in the six months averaged 17.7 GB, compared to 12.2 GB in the first half of 2014. 

Categories:

Mobiel

Companies:

3 Group,  O2 Ireland

Regions:

Europa

Tags:

Voice services, Data services, Financial figures

Related Articles

EUROPA 11 AUG 2016

3 Group organic revenue growth slows to 1% in H1

CK Hutchison reported a slowdown in growth at 3 Group Europe in the first half of 2016, hurt by negative currency effects and slower customer growth. Revenues fell 1 percent year-on-year to HKD 30.165 billion and were up only 1 percent in local currency. EBITDA increased 9 percent to HKD 8.492 billion, slowing from 12 percent growth in 2015. Excluding currency effects, EBITDA rose 12 percent, which the company attributed to the increase in net customer service margin, continued cost synergies realised at 3

OOSTENRIJK 16 JUN 2016

3 Austria to be ERP competence HQ for 3 Group Europe

Hutchison Drei Austria has announced that it will implement and develop international IT projects as part of the Oracle Platform for the 3Group Europe at the Competence Headquarter in Vienna. In a first step, Drei will devise new Enterprise Resource Planning (ERP) projects for logistics, finance and personnel tasks for the 3 affiliates in Italy, the UK and Ireland. Other countries are due to follow. As a result, new jobs will be created in Vienna.

EUROPA 17 MAR 2016

3 Group underlying revenue up 10%, EBITDA up 27% in 2015

CK Hutchison reported EBITDA at 3 Group Europe up 12 percent in 2015 to HKD 17.4 billion, as improving margins in the UK and synergies from takeovers in Ireland and Austria helped offset a drop in revenues. Revenue was down 4 percent to HKD 62.8 billion, hurt by negative currency effects; excluding forex, revenue rose 10 percent and EBITDA was up 27 percent. EBIT rose 69 percent, or 97 percent in local currency, to HKD 11.7 billion, helped by lower depreciation after an asset restructuring at the company. 3

VERENIGD KONINKRIJK 22 SEP 2015

O2 UK is official partner for Radio X Road Trip

O2 UK has announced a partnership with Radio X, which is planning a series of major live music events at O2 venues around the UK in November and December to celebrate its new national presence. O2 is the official partner for the Radio X Road Trip, which will be hosted by new Radio X breakfast show host Chris Moyles. These will take place in Bristol, Glasgow, Leeds, Manchester and Birmingham between 03 November and 08 December. Priority Tickets for O2 customers will go on sale at 09.00 hours on Wednesday 30

VERENIGD KONINKRIJK 21 SEP 2015

O2 UK offers free international calls for rugby fans

O2 UK has announced plans to offer rugby fans free international calls during in September and October through the O2 World Chat app. The international calling app will give users free calls from the UK to competing nations on the days that they play. The app is available to download to an iPhone or Android smartphone by any customer on any network in the UK.

VERENIGD KONINKRIJK 14 SEP 2015

O2 offers new Refresh tariff with iPhone 6s, iPhone 6s Plus

O2 UK will accept pre-orders for the new iPhone 6s and iPhone 6s Plus from 12 September. It will offer the new phones with a new O2 Refresh tariff which will give customers 40 GB data, free damage and breakdown cover plus the ability to upgrade after 12 months for no extra cost. Prices on this new tariff include iPhone 6s 128GB for GBP 64 per month with a GBP 39.99 upfront payment and iPhone 6s Plus 16GB for GBP 59 per month with a GBP 49.99 upfront payment. They will also be available on a range of O2 Refr

VERENIGD KONINKRIJK 11 SEP 2015

O2 UK wins TfL mobile network services contract

O2 UK has won a 3-year, GBP 6.5 million mobile network services contract from Transport for London (TfL), reports ComputerWeekly.com. The agreement includes the provision of mobile network services, as well as smartphone and tablet technology. The contract was awarded to O2 following a procurement process conducted with the Greater London Authority (GLA).

VERENIGD KONINKRIJK 9 SEP 2015

O2's Wear the Rose campaign unveils animated TV ad

O2 UK, partner of England Rugby, has unveiled a new animated ad campaign ahead of the 2015 Rugby World Cup as the latest stage of the Wear the Rose campaign. Directed by director, illustrator and animator Elliot Dear, the film follows the England Rugby team as the entire nation Wears the Rose, turning the players into formidable giants ready to take on the world. The animated film will first air at 8am on 09 September exclusively on O2's YouTube channels via a 'flock to unlock' Twitter campaign. It will the

VERENIGD KONINKRIJK 2 SEP 2015

O2, BFI team for film industry skills programme

O2 UK teamed with the BFI to launch a new work skills campaign to provide young people aged 18-24 with the opportunity to break into the film industry. A total of 24 young film-makers will be selected to produce three short films to support the release of the 2015 film, Suffragette, at the London Film Festival. Successful applications will be rewarded with an all expenses paid residential programme at the BFI Film Academy. The campaign is part of O2's GoThinkBig programme, which will have offered 30,000 exp

VERENIGD KONINKRIJK 26 AUG 2015

3 UK customers save GBP 1.3 mln in roaming fees

Mobile operator 3 UK added 391,000 new active customers in the first half and attributed the increase partly to its Feel At Home roaming benefit, now covering 18 destinations. The operator said that Feel At Home has saved customers GBP 1.3 billion in roaming fees since it was launched two years ago, for an average savings per customers of almost GBP 330 a year versus typical roaming rates. The company added that over half of its customers are using LTE and that the continued rollout of LTE drove average dat

DENEMARKEN 25 AUG 2015

3 Denmark H1 EBIT improves as revenue stays flat

Hutchison Whampoa subsidiary 3 Denmark reported total pro forma revenue of DKK 1.011 billion in the first half of 2015, little changed from DKK 1.008 billion a year earlier. Net customer service revenue was DKK 885 million compared with DKK 887 million. Handset revenue decreased by 3 percent to DKK 89 million.

ZWEDEN 25 AUG 2015

3 Sweden lifts H1 revenue by 11% and EBITDA by 13%

Hutchison Whampoa subsidiary 3 Sweden reported total pro forma revenue of SEK 3.377 billion in the first half of 2015, up 11 percent from SEK 3.054 billion a year earlier. Net customer service revenue rose 8 percent to SEK 2.295 billion and handset revenue by 16 percent to SEK 961 million.

OOSTENRIJK 25 AUG 2015

Drei Austria H1 revenue up 4%to EUR 355 million

Hutchison Drei Austria grew its revenue by 4 percent to EUR 355 million in the first half of 2015, compared with EUR 342 million a year earlier, reported parent company CK Hutchison. Its EBITDA increased by 27 percent to EUR 147 million, representing a 47 percent margin, up from 41 percent a year earlier. The operator had 2.9 million active customers at the end of June, unchanged from a year earlier, with contract customers accounting for 67 percent of the total, down from 72 percent in the first half of 20

IRELAND 25 AUG 2015

3 Ireland reports EUR 335 million of H1 revenue

Mobile operator 3 Ireland recorded EUR 335 million of pro forma revenue in the first half, compared to EUR 97 million a year earlier, before it acquired O2 Ireland in July 2014. The company's EBITDA rose to EUR 77 million in the first half, compared to a EUR 3 million loss a year earlier. 3 Ireland had 1.99 million active subscribers at the end of June, including 1.11 million on postpaid plans, compared to 566,000 a year ago. Blended ARPU declined by 3 percent to EUR 25 a month in the first half, and the av

ITALIË 25 AUG 2015

3 Italia sales up 8% in H1, adds 400,000 customers

The revenues at CK Hutchison's Italian mobile unit 3 Italia rose 8 percent to EUR 881 million in the first six months of 2015, compared to EUR 815 million a year earlier. The operator's net service revenues also increased by 7 percent to EUR 710 million, while the company's EBTIDA soared by 36 percent to EUR 98 million compared to EUR 72 million in H1 2014. Operating profit (EBIT) rose to a positive EUR 39 million from negative EUR 71 million a year earlier with the EBITDA margin inching up by two percentag

Just In

16:42

SLT-Mobitel launches 5G network in Sri Lanka

16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.