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Interim Results for January-September 2017

Interim Results for January-September 2017

 

Almaty, 19 October 2017 — Kcell Joint Stock Company («Kcell» or the «Company»)
(LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan by market share in terms of revenue and subscribers, announces its interim results for January- September 2017.

Third quarter

  • Net sales increased by 1.6 percent to
    KZT 37,531 million (36,931). Service revenue was stable at KZT 35,024 million (35,032).
  • EBITDA, excluding non-recurring items, increased by 2.5 percent to KZT 14,601 million (14,238). EBITDA margin increased to 38.9 percent (38.6).
  • Operating income, excluding non-recurring items, grew by 10.7 percent to KZT 8,917 million (8,056).
  • Net financial items decreased to KZT −2,267 million (-2,321).
  • Net income decreased by 11.8 percent to
    KZT 3,862 million (4,378).
  • Free cash flow decreased to KZT 3,985 million (7,968).
  • During the quarter, the Company’s subscribers base rose by 9 thousand customers to 10,001 thousand (9,992).

 

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