Earnings Call Summary | TELENOR ASA(TELNF.US) Q4 2023 Earnings Conference
Earnings Call Summary | TELENOR ASA(TELNF.US) Q4 2023 Earnings Conference
The following is a summary of the Telenor ASA (TELNF) Q4 2023 Earnings Call Transcript:
以下是 Telenor ASA (TELNF) 2023 年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Telenor achieved 4% top-line revenue growth for the year and a 3% EBITDA growth, exceeding 4% after adjustment for the non-cash reversal in Pakistan in Q3.
In Q4, Telenor managed a 5% increase in head rent service revenues and 4% in EBITDA.
Telenor's free cash flow for Q4 was NOK 5 billion, contributing to the total annual cash flow of NOK 15 billion, which included M&A activities.
Service revenues for the group increased by 5%, led by growth in the Nordics and Asia.
OpEx for the group increased by 5% both in the quarter and for the year due to inflation and high energy costs.
Despite the sale of a substantial contributor to cash flow and EBITDA, Telenor Satellite, the company managed to report strong year-end figures.
Telenor實現了該年度的收入增長4％，息稅折舊攤銷前利潤增長了3％，在調整了第三季度巴基斯坦的非現金逆轉後，超過了4％。
在第四季度，Telenor的租金服務收入增長了5％，息稅折舊攤銷前利潤增長了4％。
Telenor第四季度的自由現金流爲50億挪威克朗，使包括併購活動在內的年度現金流總額達到150億挪威克朗。
在北歐和亞洲增長的帶動下，該集團的服務收入增長了5％。
由於通貨膨脹和高昂的能源成本，該集團的運營支出在本季度和年度均增長了5％。
儘管出售了對現金流和息稅折舊攤銷前利潤做出重要貢獻的Telenor Satellite，但該公司還是設法公佈了強勁的年終數據。
Business Progress:
業務進展：
Telenor marked five quarters of continuous 5% growth in Nordic mobile service revenues and showcased impressive financial performance through DNA, a Finnish company.
The completed largest telecom merger in Southeast Asia, sale of Telenor Pakistan, a minority stake in the Norwegian fiber network, and exits from Working Group Two and Telenor Satellite demonstrate Telenor's efforts to simplify its operations and minimize risks.
The company remains committed to sustainable business principles and acknowledges ESG considerations.
Telenor is on track with its strategy outlined during the Capital Markets Day in September 2022, pursuing growth in the Nordics, transforming to drive improvements, and exploring strategic opportunities in Asia.
A focus on advanced analytics, AI, machine learning, investments in generative AI, and an accelerated Cloud strategy are part of Telenor's transformation efforts for nominal OpEx reduction by 2025.
They continue to invest in fiber networks and 5G development in several markets.
The company's solid free cash flow performance puts it on track to meet its 2025 ambition of covering its nominal dividend per share by free cash flows.
Challenging headwinds are expected in the Linx business due to ongoing technological changes and competition in the international message products market.
Their IoT segment, Connexion, continues to see solid growth and good development, and it is a focal point for future strategy.
Telenor標誌着北歐移動服務收入連續五個季度增長5％，並通過芬蘭公司DNA展示了令人印象深刻的財務業績。
東南亞最大的電信合併、出售巴基斯坦電信、挪威光纖網絡的少數股權以及退出第二工作組和挪威電信衛星，都表明了Telenor爲簡化運營和最大限度地降低風險所做的努力。
公司仍然致力於可持續的商業原則，並承認ESG方面的考慮。
Telenor在2022年9月資本市場日期間概述的戰略已步入正軌，追求北歐的增長，轉型以推動改進，並探索亞洲的戰略機遇。
專注於高級分析、人工智能、機器學習、對生成式人工智能的投資以及加速的雲戰略是Telenor轉型努力的一部分，旨在到2025年降低名義運營支出。
他們繼續在多個市場投資光纖網絡和5G開發。
該公司穩健的自由現金流表現使其有望實現其2025年通過自由現金流支付每股名義股息的目標。
由於持續的技術變革和國際消息產品市場的競爭，預計Linx業務將面臨嚴峻的阻力。
他們的物聯網細分市場Connexion繼續保持穩健增長和良好發展，是未來戰略的重點。
More details: TELENOR ASA IR
更多詳情： TELENOR ASA IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。