Polsat Plus Group has announced the latest operational and financial results for the first quarter of 2022. Although the number of customers is not growing so fast, even if it decreases in some segments, the indicators are growing. The group is dynamically developing the third segment of its activities related to clean energy production.
In a summary of the first quarter of 2022, Polsat Plus Group announced that it has provided More than 20 million paid TV, telephony and internet services.
On an annual basis, total number of subscription services in individual proposals Increased by 207 thousand (1.6%) 13.379 mln. This 6.2 million mobile telephony services (increase by 373 thousand y / y), 5.2 million paid television services (decrease by 167 thousand y / y) and 2 million internet services (almost unchanged r // r).
compare Until the fourth quarter of 2021 but does balance sheet decreased by 86 thousand. customers (4th quarter: 13.465 million). Compared to the fourth quarter, the loss of customers was mainly due to paid TV (87 thousand) on the other hand, the number has increased service customers telephony mobile (with 10,000).
Medium monthly income increased from an individual subscriber client (ARPU) at the same time 69.8 PLN (+ 3.9% il / y). Consumption in this segment is declining and is 6.8% after the first quarter. It was a quarter ago 6.9%, compared to 7.1% a year earlier.
In the first quarter The number of prepaid services increased to 2,832 million (4th quarter of 2021: 2.667 million, an increase of 165 thousand, a year ago 2.736 million). As with other operators, it has a lot to do with it with the distribution of free starters For citizens of Ukraine. But not only that, but also the consolidation of Premium Mobile’s results should have an impact. The number of prepaid customers for mobile phones alone was at the end of the quarter 2.666 million.
According to the operator, the changes in the supply of mobile and television (relocation of the streaming service Polsat Box Go) have changed significantly. increase in monthly income from the customer initial paid services – at the level of 10.3% per annum 17.2 PLN.
What about business customers? Their total number 68.9 min.and each of them creates an average of about a month 1.4 min. zloty is coming.
In the first quarter of 2022, Cyfrowy Polsat and Plus customers moved approximately 487 PB informationthis means an increase of 10% y / y.
In annual terms, it has increased number of multiplay service customers – 73 thousand. (3%) – reaches the level of 2.5 million.
Despite the significant changes in the geopolitical and macroeconomic situation, we are effectively implementing our multifaceted strategy. At the end of March, 2.5 million of our customers used the package service offer. We deliver up to 200,000 contract services more than a year ago. Along with the growing popularity of our 5G tariffs, this has helped increase the average revenue from individual customers to about 70 PLN. The rate of resignation from our services remains very low – 6.8%, which proves the effectiveness of our activities.
– Maciej Stec, Vice President of Polsat Plus Group, comments.
5G is popular, but coverage is not increasing
According to a report published today, Plus is covered by the 5G network More than 19 million people, more than half of Poland’s population. However, the operator gave the same number in March. Summarizes its achievements for 2021shows this recently The development of 5G Plus has slowed down. Other indicators are similar to 2021 – number of stations 5G Plus approx. 3 thousand, 800 in the city. However, the operator claims so Plus, the popularity of 5G services is growingThis is influenced by the introduction of iPhone smartphones in the offer.
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Polsat Plus Group: financial results
Polsat Plus Group’s total revenues increase by 3% 1) Up to 3 billion PLN. Adjusted EBITDA (excluding NetCo’s EBITDA and the cost of Ukrainian support) 800 million PLN.
Remained at the level of free cash flow 1.25 billion PLN. Total debt ratio Remained low at 1.07x (net debt / EBITDA LTM).
In the face of geopolitical and macroeconomic challenges, we welcome our operational results, as well as the steady and recurring growth in retail revenue. We focus on the future construction of ARPU and at the same time adapting costs to new challenges. Strong financial position and large liquidity resources allow us to accelerate the implementation of projects in the Clean Energy segment, which will ensure the development of our business in the coming years –
Katarzyna Ostap-Tomann, a board member of Polsat Plus Group, says.
Polsat Plus Group is investing in green hydrogen
A large part of the report for the last quarter is devoted to issues third (after telecommunications and television) GPP activity segment – production Pure Energy. The group is proud of its efforts to quickly launch its next resources – including. withe sun and wind. The group is also continuing to prepare for the presentation green hydrogen production – zero-emission fuel of the future.
Among the activities Completed in the first quarter of 2020 includes:
- Built by Polish engineers hydrogen bus Has received European approval and will be presented soon,
- is working on concluding a contract for construction of a hydrogen bus plant Located at Świdnik,
- delivery the first electrolyzer approved in the 3rd quarter of this year,
- was obtained common connection for photovoltaic and gas installationsWill be located in Przykonie,
- wind farm contractors Miłosław and Kazimierz Biskupi confirmed this The war in Ukraine will not affect the timeliness of execution These investments are planned for the third quarter of 2023. Work on the next projects is underway according to plan.
Look: Polsat Plus Group’s results for 2021: revenue growth, 5G installation, Strategy 2023+
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Image source: Polsat Plus Group
Text source: Polsat Plus Group