Investor Presentaiton
HIGHLIGHTS
FINANCIAL RESULTS
Highlights
Q3 23 performance ahead of expectations; FY 23 guidance increased across all metrics
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DELIVERING
FOR OUR CUSTOMERS...
Record organic tenancy
additions YTD
(+2, 132, already above prior
FY 23 guidance)
•
+0.1x tenancy ratio
expansion YTD to 1.9x
Future contracted revenue of
$5.5bn (highest ever level)
increased +13% QoQ, driven
by key contract extension, and
up +37% YoY
•
2
...DRIVING STRONG Q3 23
FINANCIAL PERFORMANCE
+28% YoY revenue growth
(+18% organic)
+35% YoY Adj. EBITDA growth
(+22% organic)
+3ppt Adj. EBITDA margin to
52%
+30% YoY LTM PFCF growth (1)
•
3
STRENGTHENED
BALANCE SHEET
Opportunistically tendered
$325m of our Dec-25 bonds,
utilising new up to $720m bank
facilities with minimal increase
in cost of debt
-0.6x net leverage YTD to 4.5x,
within our target range (3.5x -
4.5x), one quarter ahead of
guidance
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FY 23
helios
towers
GUIDANCE INCREASED
Increase vs. prior
guidance (2)
Organic tenancy additions:
2,200 2,400
+15%
(Prior: 1,900 - 2,100)
•
Adj. EBITDA: $365m - $370m
+2%
(Prior: $355m - $365m)
•
PFCF: $260m - $265m
+9%
(Prior: $235m- $245m)
Growth underpinned by $5.5bn future contracted revenue, with an average remaining
contract life of 7.8 years, and robust CPI and power price protections
(1)
Last-twelve-month portfolio free cash flow.
(2)
Reflects mid-point of updated guidance compared to mid-point of prior guidance announced at H1 23.
Helios Towers Q3 2023 Results
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