Investor Presentaiton
Robust EBITDA
margin despite
inflationary pressure
■ EBITDA in constant currency
increased Y/Y by 6.9%
■ Robust EBITDA margin at 52%
▪ EBITDA growth in the UAE
supported by higher revenue and
cost discipline
■ Maroc Telecom delivered strong
EBITDA growth in its domestic
and int'l operations in local
currency
■ Strong EBITDA growth in Egypt
due to revenue growth and cost
control measures
■ Slight EBITDA contribution from
Pakistan due to high inflation
and energy costs
Group EBITDA
EBITDA (AED m) & Margin (%)
Sources of EBITDA Growth (AED m)
+6.9%
262
6,741
6,644
6,714
14
6,741
-202
6,714
51%
51%
52%
-60
-41
Q3'22
Q3'21
Q2'22
Growth Y/Y in
constant currency
Q3'21 UAE MT
Group
Egypt Pakistan Others Q3'22
EBITDA Breakdown (Q3 2022)
Pakistan Others
Egypt 2%
9%
2%
EBITDA Growth by Market (Q3 2022)
UAE
+7%
MT Group
(LC +5%)
-11%
6.7
MT 26%
Bn
61%
Egypt
(LC +24%)
+2%
UAE
Pakistan
(LC
+1%)
-27%
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