- YTD revenue flat and YTD gross profit down (-3.2%); Q3 YoY growths affected by new EU data roaming regulation with full gross profit effect and slowdown in low-margin terminal sales
- Gross profit margin improved in Q3 (72.4%) compared to Q2 (70.6%)
- YTD OPEX down (-5.8%) resulting in YTD EBITDA bpi only being down 1.0%; flattish Q3 organic EBITDA growth
- EFCF down by 27.6% YTD due to different timing of income taxes and capex as well as a negative development in YTD NWC of DKK 449m; Q3 NWC down DKK 54m
- Another strong quarter from the landline business with improved gross profit decline (16% vs. Q2 2012), relatively low line loss (28k) and strong broadband performance in Consumer and YouSee
- YTD gross profit from mobility services down by 6.3%; deteriorated Q3 growth solely caused by EU data roaming regulation
- Consumer mobile voice ARPU remains stabile for the second consecutive quarter
- Underlying strong mobile RGU development even with no participation in promotional activities in Q3
- TDC Sweden and TDC Hosting continues to fuel 9.7% Q3 YoY EBITDA bpi growth in Nordic despite a strong Q3 2011
- YouSee TV gross profit negatively impacted in Q3 by increased content costs versus Q2 and the loss of two organized customers
- Reaffirmed 2012 guidance including expected dividend
- Continued build-out of a superior 4G network with 880 4G sites expected to be in operation at the beginning of 2013, resulting in a 42% population coverage across 800 and 2,600 MHz
- Revised strategy for TDC 2013-15 to be presented at the Capital Markets Day on 6 November 2012
TDC A/S
Teglholmsgade 3
0900 Copenhagen C
DK-Denmark
tdc.com
