The mobile communications operator Kyivstar in April-June 2018 saw an 11.4% rise in revenue year-over-year, to UAH 4.521 billion, the Veon international group (VimpelCom Ltd. before rebranding) has said in a quarterly report on Thursday. According to the report, over the period Kyivstar increased earnings before interest, taxes, depreciation and amortization (EBITDA) by 8%, to UAH 2.49 billion, EBITDA margin fell by 1.7 percentage points (p.p.), to 55.1%. Revenue from mobile communications services in Q2 2018 came to UAH 4.2 billion, which is 11.4% more than a year ago.
The press service of Kyivstar reported that data consumption in April-June 2018 grew by 139% year-over-year, to 1.8 gigabytes per user on average. Voice service consumption remained stable: in Q2 2018 on average 580 minutes per user was recorded, which is 1.2% more than a year ago. The number of mobile Internet users over the period grew by 21% year-over-year, to 13.5 million, and the total number of active users totaled 26.5 million, which is 400,000 more than a year ago.
“The growth in the consumption of services, the increase in the number of users, the launch of new communication technologies are just a few qualitative changes that have positively affected our financial performance in the second quarter of 2018,” acting Kyivstar president Oleksandr Komarov said in a report. The minutes of use (MoU) increased by 1.2%, to 580 minutes, and ARPU (average revenue per user per month) of mobile communication increased by 9.6%, to UAH 52.
The revenues of the mobile operator from fixed-line services in the second quarter increased by 7.3% to UAH 297 million, including revenues from fixed-line Internet that increased by 8.5% to UAH 185 million, while the number of users increased by 6.5% %, to 0.858 million. ARPU for fixed-line Internet grew by 4.3%, to UAH 72.
Capital investments, with the exception of payment for licenses, for the reporting period amounted to UAH 927 million, which is 31.5% more than in the same period last year. At the end of the second quarter of 2018, the “3G Kyivstar” service was available in the territory where 74% of Ukrainians live. Kyivstar said that in the first half of the year its revenues increased by 10.8% compared to the same period in 2017, to UAH 8.785 billion, while EBITDA increased by 12%, to UAH 4.902 billion.
At the same time, revenues from mobile services for six months increased by 11.2% to UAH 8.149 billion, and from fixed-line telephony – by 3.6%, to UAH 593 million.
In the second quarter of 2018, Kyivstar transferred almost UAH 4 billion of taxes, fees and payments for licenses to the Ukrainian budget, and for the first half of the year the amount of all payments to the national budget reached UAH 6.8 billion. Kyivstar is the largest Ukrainian mobile communications operator.
Kernel, one of the largest Ukrainian agrarian groups, intends to reach EBITDA of $495 million by 2021 due to doubling exports, as well as investments and strategic acquisitions.
According to the company’s financial report on the website, Kernel plans by 2021 to increase production of bulk oil to 1.877 million tonnes, sales to 1.753 million tonnes. The company plans to achieve such figures through the construction of a new processing plant or the acquisition of a local player in Western Ukraine.
In addition, the group plans to increase sales of bottled oil in monetary terms to $150 million, keeping 131 million liters in natural terms, to increase throughput to 8.9 million tonnes through the commissioning in 2019 of a new grain terminal, Transbulkterminal, as well as raise grain sales to 8 million tonnes, the storage capacity to 5 million tonnes.
The company’s net profit for the last four quarters (April 2017-March 2018) was $35 million, which is 5 times less than in the 2017 financial year. Revenue for this period was $2.124 billion, EBITDA stood at $232 million, which is 2.1% and 27.3% respectively less than the figures for 2017.
Kernel is the world’s largest producer and exporter of sunflower oil, the leading producer and supplier of agricultural products from the Black Sea region to the world markets.
Freenet LLC Internet provider (the O3 trademark, Kyiv) increased its earnings before interest, taxes, depreciation and amortization (EBITDA) by 24.1% in 2017, to UAH 73.87 million, and its subscribers’ base expanded by 11%, to 134,400 users.
The press service of the company reported last week that in the past five years gross revenue of the operator soared 2.6-fold, including by 23.4% in 2017, to UAH 178.2 million.
EBITDA margin reached 50% in 2017.
Last year the company invested UAH 84.46 million in development of own networks, which is UAH 20 million more than in 2016.
Today Freenet has 17 branches and subscribers’ servicing centers in nine regions of Ukraine.
Freenet provides services under the O3trademark. It is the national operator of broadband Internet access.
The company builds networks using FTTx technology using 10 and 40 gigabit fiber-optic cables.