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Investor Presentaiton

airtel | Africa • FINANCIAL Underlying Group revenue¹ growth of 23.3% (FY'21: 19.4%) Underlying EBITDA¹ growth of 31.2% (FY'21: 25.2%) EPS (before exceptional items) growth of 96.0% (FY'21: 12.8%) • $1.4bn HoldCo bond repayments in transition of debt to OpCos. Leverage now 1.3x from 2.0x • STRATEGIC Nigeria PSB and Super Agent licences • $550m investments into mobile money • Airtel Nigeria minority buyout • Tower sales in Tanzania, Madagascar and • Malawi (total gross proceeds of $284m) Spectrum in Kenya and Malawi Highlights OPERATIONAL • Customers base 128.4m, +8.7% • Mobile data customer base 46.7m, +15.2% • Mobile money customer base 26.2m, +20.7% • ARPU up to $3.2, from $2.8 in prior year • 87.6% of sites now on 4G • Mobile money transaction values $64.4bn (FY'21: $46.0bn) • • SUSTAINABILITY Sustainability strategy launched October 2021 UNICEF partnership, with $57m funding (including in-kind contributions) Net-zero agenda with pathway to be announced in next few months First sustainability report to be published in Q3 Note: Growth rates are in constant currency. 1 Underlying revenue and EBITDA excludes a one-time exceptional revenue of $20m relating to a settlement in Niger in the prior year. 4
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