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Revenues up 4% year-on-year to AED8.3B
July 25, 2012
1 Min Read
ABU DHABI -- Etisalat, the Abu Dhabi headquartered telecommunications group with operations in 16 countries, today announced a net profit after federal royalty of AED 1.9 billion for the second quarter of 2012 ending 30 June 2012, representing an additional growth of 3 percent over the previous quarter, and a year-on-year growth of 17 percent on quarterly Group consolidated revenue of AED 8.252 billion, an increase of 4 percent year-on-year.
Consolidated EBITDA increased by 16 percent to AED 4.3 billion over the same period last year, while EBITDA margin improved 6pts to 52 percent.
Financial Highlights for Q2 2012
Consolidated revenues increased by 4% year-on-year to AED 8.3 billion
Revenue from International operations grew by 14% to AED 2.3 billion while their contribution to the top-line reached 28%
Consolidated EBITDA increased by 16% to AED 4.3 billion while EBITDA margin improved 6pts to 52%
Net Profit after Federal Royalty increased by 17% year-on-year to AED 1.9 billion
Declared interim dividends per share of 25 fils per share
Consolidated capital spending increased by 1% to AED 0.9 billion, representing 10% of the consolidated revenues
Maintained solid financial position with consolidated cash balance of AED 10.5 billion, leading to a positive net cash balance of AED 5.2 billion
Etisalat
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