Skip to main content

DKT Holdings ApS: Interim Financial Report Q3 2020

Written by Customer Service on . Posted in Public Companies.

Improved commercial performance across all main products as well as continued cost savings resulted in a stabilised EBITDA development in Q3 (-0.8% YoY). EBITDA declined by 2.2% YTD and a flat to slightly declining EBITDA development is expected in 2020 as communicated in AugustThe net loss of customers in Q3 substantially improved compared with the previous three quarters, and as a result the market share development stabilised across all main productsTDC Group’s operating expenses improved by 9.8% driven by cost reductions across TDC Group as well as lower costs related to the separation of TDC. Operating expenses in Nuuday and TDC NET decreased by 13.6% and 8.4% respectively in Q3 vs the same period last yearCapex increased by 42.4% YoY at TDC NET, driven mainly by fibre rollout with more than 28k homes passed in Q3, the total in 2020 is over 80k in 2020 to date. In Q3, TDC NET reached a milestone, having swapped more than 3100 mobile sites to 5G while simultaneously improving the existing network qualityThe effects of COVID-19 on TDC Group’s financial performance in Q3 2020 related mainly to reduced roaming profits experienced by NuudayOther key milestones from the quarter include;Nuuday took an important step in Q3 by launching its new mobile brand Eesy. Eesy complements the current mobile offerings from YouSee and Telmore and offers a simple mobile product at very competitive pricing, but still on Denmark’s best mobile networkNuuday launched YouTV, a new flexible TV and streaming service that enables customers to combine their favourite TV channels and streaming services in one app offering easy and flexible access to the same entertainment via mobile phone, smart TV and Chromecast as in the fixed packages – without the customers being dependent on other subscriptionsTDC NET officially launched 5G in Denmark on 7 September and became the first service provider to bring 5G to DenmarkConference call detailsA conference call will be held on 06 November 2020 at 14:30 CET.Presentation material will be available prior to the conference call on www.tdcgroup.comDial-in details: +45 32 72 51 67 – Meeting ID: 353 019 709#Webcast: https://teams.microsoft.com/l/meetup-join/19%3ameeting_MmM1ZmYzYmUtYTkwOC00NWEwLTk2YjMtNTlhZmFmODUxMjEw%40thread.v2/0?context=%7b%22Tid%22%3a%22e8dcf6e6-3acc-4af9-9cb2-77f688cb688b%22%2c%22Oid%22%3a%22e3bc77b8-3126-4e3f-b136-3297ef0a91d3%22%7dFor investor enquiries: +45 66 63 76 80
For media enquiries: +45 70 20 35 10This notification is made by Klaus Rose, Treasury Analyst at TDC A/S. TDC tickersReuters TDC.CO.
Bloomberg TDC DC.AttachmentsTDC Q3 2020 Financial PresentationDKTH_ER_Q3_2020Release 10 -2020 Q3

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.