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Investor Presentaiton

Adj. EBITDA protected through power price volatility helios Without power escalation protections Illustrative example With Helios Towers power escalation protections Illustrative example HT Q3 2023 helios towers US$m (unless otherwise stated) Before power increase Power increase After power increase US$m (unless otherwise stated) Before power increase Power increase After power increase US$m (unless otherwise stated) towers Q3 23 Power (adjusted for YoY increases Q3 23 (reported) power increases) Revenues 50 10 60 Revenues 50 50 Revenues 177 7 184 OpEx (30) (10) (40) OpEx (30) (10) (40) OpEx/ SG&A (84) (5) (89) Adj. EBITDA 20 (10) 10 Adj. EBITDA 20 20 20 20 Adj. EBITDA 93 2(1) 95 Adj. EBITDA margin 40% -20ppt 20% Adj. EBITDA margin 40% -7ppt 33% Adj. EBITDA margin 53% -1ppt 52% Adj. EBITDA reduction without power price escalations Adj. EBITDA protected with power price escalations Adj. EBITDA margins may move due to volatile fuel price movements; However, importantly, Adj. EBITDA is well-protected (1) Calculated as escalations from power-linked revenues less year-on-year changes in power opex assuming Q3 22 power opex per site using HT's Q3 23 average site count (excluding Oman). Helios Towers Q3 2023 Results 26
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