Présentation PowerPoint · June 2016 June 2017 - Broadband 6.3m 6.5m FTTH subscribers 250k 419k -...
32
1
Transcript of Présentation PowerPoint · June 2016 June 2017 - Broadband 6.3m 6.5m FTTH subscribers 250k 419k -...
1
2
3
4
v
(1) Total subscribers excl. overseas and M2M
5
June 2016 June 2017
- Broadband 6.3m 6.5m
FTTH subscribers 250k 419k
- Mobile 12.1m 13.1m
4G subscribers 4.7m 6.8m
Average monthly 4G data usage 3.9 GB 6.6 GB
18.3m 19.6m
Broadband ARPU (incl. promos) €33.90 €34.00
Freebox Revolution ARPU (excl. promos) > €38.00 > €38.00
FTTH connectible sockets 3.1m 5.3m
6
7
6,1386,261
6,3856,468
Dec-15 Jun-16 Dec-16 Jun-17
200
250
310
419
Dec-15 Jun-16 Dec-16 Jun-17
(1) Company estimate (1H 2017)
8
(1) Incl. TV by CANAL Panorama
c.110k
>90k>100k
>200k
300-500k/year
FY2016 2017E Mid-term
2.5m
3.1m
4.4m
5.3m
Dec-15 Jun-16 Dec-16 Jun-17
9
•
•
1H 2017
10
11
10,92511,685 12,080
12,700 13,140
16.0%16.8% 17.4% 18.0% 18.5%
Jun-15 Dec-15 Jun-16 Dec-16 Jun-17
12(1) Total subscribers excl. overseas and M2M
Source: Operators & ARCEP
35.0%
63.0%
76.4%81.8%
2014 2015 2016 1H 2017
13
14(1) nPerf barometer of mobile internet connections in Metropolitan France – 2Q 2017
238
109
80
50
15(1) Company estimate(2) Total contract subscribers for Orange / Sum of BtoC postpaid and BtoB excl. M2M for SFR
1,060
597555
0
(1)
16
12.112.5
2Q 2016 2Q 2017
14.015.0
2Q 2016 2Q 2017
11.2 11.2
2Q 2016 2Q 2017
17
+3%
+7%
€32bn
18
900 MHz 1,800 MHz 2,100 MHz 2,600 MHz Total
35 MHz
10 MHz
3G frequencies 4G frequencies
10 MHz10 MHz
5 MHz
19
20
21(€ millions)
‒
‒
22
586 624725
809875
32.0%30.9%
33.6%
35.2% 35.5%
1H 2013 1H 2014 1H 2015 1H 2016 1H 2017
23(€ millions)*Excl. other operating income and expenses
3.1m
5.3m
Jun-16 Jun-17
613 622
723
1H 2015 1H 2016 1H 2017
5,266
6,811
10,259
>12k
1H 2015 1H 2016 1H 2017 Target 2017
24
25(1) Multi-Operator Core Network(2) Net Present Value
1.0x
1.9x2.2x
5.3x
EU average
865818
(82)
(47) (723)
(58)
(103) (16)
OpFCFbeforeWCR
WCR OpFCF CapexFrance
CapexItaly
Taxes Other FCF
26
(1) Including €50m for the 1st payment for purchased frequencies(2) MSCI Europe Telecommunication Services Index
(1)
(2)
Group
27
•
•
•
28
29Figures derived from Plan France Très Haut Débit excl. rural areas not covered by FTTH
30
ON: Optical NodeSP: Sharing Point
31(1) Based on Iliad’s FTTH current target market share in co-financing areasON: Optical NodeSP: Sharing Point
Equity & Liabilities Actif
in €m 2016 1H 2017
Total equity 3,002 3,198
o/w minority interests 4 9
Long-term financial liabilities 1,391 1,355
Other non-current liabilities 1,491 1,378
Non-current liabilities 2,882 2,733
Short term provisions 49 49
Short-term financial liabilities 490 568
Trade & other payables 1,805 1,718
Other current liabilities 3 23
Current liabilities 2,348 2,357
Total equity & liabilities 8,232 8,289
Assets Equity & Liabilities
in €m 2016 1H 2017
Goodw ill 215 215
Intangible assets 3,242 3,108
Property, plant & equipment 3,761 4,062
Other non-current assets 44 46
Non-current assets 7,262 7,430
Inventories 14 21
Trade & other receivables 674 664
Other current assets 21 0
Cash & cash equivalents 239 154
Current assets 948 839
Assets held for sale 21 19
Total assets 8,232 8,289
32
