mobilezone Group posts strong sales volumes and strengthens its MVNO position in Switzerland and Germany

mobilezone holding ag / Key word(s): Annual Results mobilezone Group posts strong sales volumes and strengthens its MVNO position in Switzerland and Germany 08-March-2024 / 06:45 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. PRESS RELEASE

Ad hoc announcement pursuant to Art. 53 LR

Rotkreuz, March 8, 2024

• Net sales: CHF 1,013 million / organic sales growth of 2.6 per cent
• Operating income (EBIT): CHF 65.7 million
• Consolidated net income: CHF 49.5 million

Markus Bernhard, CEO of the mobilezone Group, is satisfied with the 2023 financial results: "Last year, we were able to further expand our market position by increasing sales volumes in both Germany and Switzerland. With the additional focus on the MVNO business and a sustainably reduced cost base, we increased profitability at EBIT level to 7.0 per cent in the second half of 2023 (H1 2023: 5.9 per cent). This development confirms the strategic course we have consistently pursued."

 

Telecommunications contracts negotiated (postpaid, internet and TV):

• Switzerland: 462,000 / +5.7 per cent
• Germany: 1,093,000 / +0.2 per cent

 

Development of MVNO business:

• The number of MVNO (Mobile Virtual Network Operator) subscription customers increased by 40 per cent from 210,500 to 295,300 in the reporting year.
• The EBITDA contribution from MVNOs amounted to CHF 22.7 million (previous year: CHF 16.3 million) or 29.4 per cent (previous year: 20.5 per cent) of the total EBITDA. This totalled CHF 77.2 million (previous year: CHF 79.5 million).