Talktalk Telecom Group PLC (TALK) 2019年年度报告「LSE」.pdf

1、2019TalkTalk Telecom Group PLC Annual ReportTalkTalk is the UKs leadingvalue formoney connectivity provider.Ourpurpose is to deliver simple,affordable,reliable and fair connectivity foreveryone.Stay up to date at HighlightsFinancial highlights Total Headline(3)revenue(ex-Carrier and Off-net)up 2.2%t

2、o 1,544m(FY18:1,511m(2);Headline On-net revenue up 3.9%to1,263m(FY18:1,216m(2)Statutory revenue of 1,632m(FY18:1,653m(2),a 1.3%decline Headline EBITDA(3)of 237m(FY18:203m(2)(includingFibreNation costs)YoY Headline EBITDA growth of 16.7%driven by a larger averagebase,increased Fibre penetration and a

3、 materially lowercost base Statutory operating profit of 47m(FY18:44m loss(2);Statutoryloss before taxation of 5m(FY18:100m loss(2),after42m of non-Headline costs associated with reorganising and simplifying the business Net debt of 781m(including finance leases of 39m)broadly flat year on year(FY18

4、:776m(2)including finance leases of 31m)Final dividend of 1.50p(FY18:1.50p);total 2019 dividend of 2.50p(2018:4.00p)Operational highlights Accelerated Fibre uptake with 490k net adds in the year(FY18:348k)and a record 152k in Q4(Q4 FY18:98k)Ongoing low level of churn at 1.20%(FY18:1.22%)Customer bas

5、e growth of 150k(FY18:192k),taking the closingbase to 4,289k(1).Q4 net adds of 2k(Q4 FY18:109k)representing the ninth consecutive quarter of base growth inacompetitive market Group On-net ARPU stabilising at 24.98(FY18:25.06(2),withyear on year(YoY)Consumer ARPU growth Good progress on cost reductio

6、ns,including the move of our HQto Salford,creating one main campus and a more efficient operating model Continued momentum in FibreNation rollout,with York build nearing completion and investment partner process well underwayLooking forward Remain confident in FY20 EBITDA growth,with Headline EBITDA