11.04.2016 Tele Columbus AG  DE000TCAG172

DGAP-Adhoc: Tele Columbus AG provides 2016 guidance and medium term outlook


 
Tele Columbus AG / Key word(s): Forecast 11.04.2016 08:00 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- AD HOC RELEASE Tele Columbus AG provides 2016 guidance and medium term outlook Berlin, 11 April 2016. Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17), the third largest German cable network operator, announces its pro forma FY2015 results (based on the assumption that the primacom and pepcom acquisitions had occurred on 1 January 2015), its FY2016 guidance and its medium term outlook ahead of its Capital Markets Day which is scheduled for today in Berlin. The preliminary Q4 FY2015 and preliminary full year FY2015 results were released on 21 March 2016. - For the full year 2015, pro forma revenues of the Group were EUR 460.7 million - Pro forma 2015 total output for the Group amounted to EUR 508.4 million - The Group reported pro forma EUR 233.8 million Normalised EBITDA, representing a 50.7% Normalised EBITDA margin - Total pro forma capital expenditures for FY2015 amounted to EUR 165.1 million (35.8% of sales) Based on the FY2015 pro forma financials, the Management Board of Tele Columbus expects for the fiscal year 2016 - stable Homes Connected of approximately 3.6m, a - mid single digit percentage revenue growth versus FY2015, a - high single digit percentage Normalised EBITDA growth year on year and - Capex as a percentage of revenues to range between 35 and 38%. At the same time, the Management Board increases its expectations on total costs and Capex annual target run-rate synergies from the integration of primacom and pepcom to more than EUR 40 million from FY2018 on (from previously communicated EUR 35 million). The Management Board intends to achieve in the medium term a - stable Homes Connected base of approximately 3.6m, - RGUs/subscriber to reach 1.8x, - total blended ARPU to grow to EUR 18 per month, - the two-way upgraded homes on own network to trend towards 71%, - mid to high single digit percentage revenue growth per annum for the medium term, - high single digit percentage Normalised EBITDA growth per annum in the medium term and - Capex as a percentage of revenues - after peak years in 2016 and 2017 - trending to peer levels. In addition, the management team is fully committed to successfully executing on the growth and integration story of the Tele Columbus Group and to delivering on the medium term leverage targets of 3.0-4.0x. Additional information: Publication of FY2015 annual report which was scheduled for 15 April 2016 will be on 28 April 2016. Summary table for preliminary FY2015 / pro forma FY2015 (1) respectively:

EURm                           Prelim FY2015  (2)      Pro forma FY2015 (3)
Revenues                       279.2                   460.7

Normalised EBITDA              140.9                   233.8
Norm. EBITDA margin, %         50.5                    50.7

Capex                          113.2                   165.1
Capex / Revenues, %            40.5                    35.8

EUR per month
Total blended ARPU             14.9                    15.5

(1) based on the assumption that the acquistions of primacom and pepcom had occurred on 1 January 2015 (2) FY2015 contains 12 months of Tele Columbus, 5 months of primacom and 1 month of pepcom (3) FY2015 pro forma contains 12 months of Tele Columbus, 12 months of primacom and 12 months of pepcom Disclaimer This release contains forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Although we believe that such forward-looking statements are reasonable, we cannot assure you that any forward-looking statements will prove to be correct. Such forward-looking statements are subject to a number of known and unknown risks, uncertainties and assumptions, which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, the forward- looking events and circumstances discussed in this Investor Relations release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on the forward-looking statements. This release contains references to certain Non-GAAP financial measures, such as Normalized EBITDA and Capex, and operating measures, such as RGUs, ARPU, and Unique subscribers calculation. These supplemental financial and operating measures should not be viewed in isolation as alternatives to measures of Tele Columbus' financial condition, results of operations or cash flows as presented in accordance with IFRS in its Consolidated Financial Statements. The Non-GAAP financial and operating measures used by Tele Columbus may differ from, and not be comparable to, similarly titled measures used by other companies. In addition, this release contains pro-forma financials. Our pro forma financials have been prepared for illustrative purposes only. They are based on the assumption that the primacom and pepcom acquisitions had occurred on 1 January 2015. Because of their nature, our pro forma financials address a hypothetical situation and, therefore, do not represent our actual results of operations. It is not necessarily indicative of the results that should be expected in the future. --------------------------------------------------------------------------- Information and Explanation of the Issuer to this News: About Tele Columbus The SDAX listed Tele Columbus Group is one of Germany's largest cable network operators. Via its origins - individual regional cable network operators that were merged into Tele Columbus - the company dates back to 1972. Today, about 3.6 million connected households in Germany are served by Tele Columbus, primacom, pepcom, Deutsche Telekabel, Martens und KMS with TV signals and, increasingly, digital broadcast packages, Internet and voice connections provided via high-performance broadband cable. As a national provider with a regional focus and a partner of the housing industry, the Group is present throughout its core markets Berlin, Brandenburg, Saxony, Saxony-Anhalt and Thuringia as well as in numerous key regions in western Germany. In tune with current demand trends, the company is upgrading its networks in a hybrid fibre-optic infrastructure for superfast Internet connections of up to several hundred megabits per second with the state-of-the-art Internet transmission standard DOCSIS 3.0. The broadband cable caters to the entire range of innovative media applications from analogous, digital and high-definition TV to high-speed Internet and voice connections to telemetry services, tenant portals and interactive services. Beyond merely transmitting signals, Tele Columbus uses its own product platform in order to actively increase the programme offering and to develop additional services. Via its company HL komm, Tele Columbus also delivers powerful connections and network services to business customers. 11.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Tele Columbus AG Goslarer Ufer 39 10589 Berlin Germany Phone: +49 (0)30 3388 4177 Fax: +49 (0)30 3388 9 1999 E-mail: [email protected] Internet: www.telecolumbus.de ISIN: DE000TCAG172 WKN: TCAG17 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 495,76 494,38 499,41 479,91 462,84 446,55 0,00
EBITDA1,2 197,01 189,55 214,18 229,53 202,36 163,30 0,00
EBITDA-Marge3 39,74 38,34 42,89 47,83 43,72 36,57
EBIT1,4 41,40 -93,45 30,00 -124,68 -12,40 -70,22 0,00
EBIT-Marge5 8,35 -18,90 6,01 -25,98 -2,68 -15,73 0,00
Jahresüberschuss1 -16,35 -161,40 -35,50 -185,84 -85,87 -124,85 0,00
Netto-Marge6 -3,30 -32,65 -7,11 -38,72 -18,55 -27,96 0,00
Cashflow1,7 159,55 159,62 209,40 231,61 184,26 161,55 0,00
Ergebnis je Aktie8 -0,15 -1,28 -0,29 -1,48 -0,40 -0,43 -0,37
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Tele Columbus
WKN Kurs in € Einschätzung Börsenwert in Mio. €
TCAG17 0,650 - 192,80
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 0,00 0,00 -0,96
KBV KCV KUV EV/EBITDA
0,51 1,19 0,43 8,17
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 22.02.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
- - - 20.04.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
17,54% 11,11% 22,64% -76,45%
    
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Telekomausrüster , TCAG17 , TC1 , HAM:TC1