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 26View entire presentation