Q4 highlights
· Double-digit Q4 EBITDA growth rates in both Get (Norway) and Sweden
· Unsatisfactory, but expected, development in Denmark with EBITDA decrease of 9.8% in Q4
· Danish product specific KPIs (ARPU and RGU) tracking in line with recent quarters’ trend
· Lowest “all you can eat” mobile price points increased in late 2015 in the Consumer market
· New CSO, CFO and Business CEO appointed to the management team
2015 FY performance
· Organic revenue development (-1.9%) and EBITDA (9,809m) met the 2015 guidance
· Capex of 4.5bn (guidance ~4.3bn) partly due to accelerated Get footprint expansion
· Cancellation of the remaining 2015 dividend payment due to weak 2016 outlook
· Flat 2015 EFCF development as lower tax paid and Get impact outweighed the decline in
cash contribution from Denmark
· Impairment losses on goodwill (4.6bn) related to our Danish activities
2016 guidance: EBITDA of ~8.8bn, EFCF of ~1.9bn and DPS of DKK 1.00
TDC A/S
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0900 Copenhagen C
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