At a glance

We are one of the largest Polish companies and a leading media and telecommunications group in the region. We provide 16.9 million services to 5.7 million customers.
The Group consists of the following companies and brands:

grupa_polsat_eng.png

We create and deliver the most attractive TV content, telecommunication products and other services for the home, residential and business customers, using state-of-the-art technologies to provide top quality multi-play services that match the changing needs of the market, while maintaining the highest possible level of customer satisfaction.

Key data

(million PLN)201420152016201720181YoY change
Selected financial data      
Revenue 7,409.9 9,823.0 9,729.8 9,828.6 10,686.1 8.7%
EBITDA 2,738.3 3,685.1 3,640.8 3,617.0 3,697.7 2.2%
EBITDA  Margin 37.0% 37.5% 37.4% 36.8% 34.6% -2.2pp
Profit from operating activities 1,442.4 1,985.8 1,669.3 1,834.0 1,727.0 -5.8%
Net profit 292.5 1,163.4 1,021.0 945.2 816.1 -13.7%
Capital expenditures22 335.4 583.1 590.4 739.1 928.4 25.6%
Capital expenditures as % of revenues 4.5% 5.9% 6.1% 7.5% 8.7 1.2 pp
Average number of employees3 3,830 5,033 5,010 4,802 6,086 26.7%
Stock data      
Market capitalization e/y (thous. PLN) 15,029,331 13,353,721 15,732,832 15,899,144 14,428,158 -9.3%
Basic and diluted earnings per share (PLN) 1.54 1.82 1.60 1.48 1.28 -13.5%
Year-end price (PLN) 23.5 20.88 24.60 24.86 22.56 -9.3%

[1] Based on currently applicable IFRS 15 standard and incl. Netia Group’s results
[2] Capital expenditures represent payments for our investments in property, plant and equipment and intangible assets. It does not include expenditure on purchase of reception equipment leased to our customers, which are reflected in the cash flow from operating activities, or payments for telecommunication concessions.
[3] The average employment of permanent workers not engaged in production in Cyfrowy Polsat Group, excluding workers who did not perform work in the reporting period due to long-term absences

KPI

 20142015201620172018
Total number of RGUs (contract + prepaid) 16,482,031 16,469,696 16,524,936 16,522,597 16,906,133
CONTRACT SERVICES  
Total number of RGUs, incl.: 12,347,828 12,614,703 13,254,598 13,685,044 14,259,264
   Pay TV, incl.: 4,391,702 4,503,320 4,766,429 4,942,640 5,098,917
          Multiroom 844,809 936,307 1,021,720 1,099,582 1,160,353
   Mobile telephony 6,587,915 6,516,643 6,730,427 6,932,676 7,345,213
   Internet 1,368,211 1,594,740 1,757,742 1,809,728 1,815,134
Number of customers 6,137,531 5,916,103 5,882,804 5,776,598 5,706,147
ARPU per customer [PLN] 85.9 87.3 88.7 89.0 89.73
Churn per customer 9.1% 10.0% 8.3% 8.8% 7.6%
RGU saturation per one customer 2.01 2.13 2.25 2.37 2.50
PREPAID SERVICES  
Total number of RGUs, incl.: 4,134,203 3,854,993 3,270,338 2,837,553 2,646,869
   Pay TV 122,787 31,972 79,306 79,561 95,685
   Mobile telephony 3,792,978 3,591,736 2,972,443 2,579,613 2,423,774
   Internet  218,438 231,285 218,589 178,379 127,410
ARPU per total prepaid RGU [PLN] 17.7 18.3 18.6 19.9 20.4
TELEVISION  
Audience share1 23.2% 24.2% 24.1% 23.9% 24.3%
Advertising market share2 25.1% 25.8% 26.7% 27.1% 27.2%

[1] NAM, All 16‐49, all day, SHR%; excluding partnership channels, include both live broadcasting and broadcasting during 2 consecutive days (i.e. Time Shifted Viewing), internal analysis
[2] Our estimates based on Starcom data
[3] In accordance with IAS 18 binding until December 31, 2017 excl. Netia Group

 

 

Last updated 07/05/2019