Highlights
MTN is a pan-African mobile operator with the strategic intent of ‘Leading digital solutions for Africa’s progress’. We have 272 million customers in 19 markets and are inspired by our belief that everyone deserves the benefits of a modern connected life.
Subscribers increased
by 2.9 million to 272.4 million
excluding Nigeria
+11 million
Service revenue grew
by 18.3%*
IFRS reported EBITDA
(before once-off items)
increased by 5.3% (up 23.7%*)
Reported EBITDA margin improved by
1.7 percentage points (pp) to 44.5%
(up 2.2 pp* to 44.5%*)
IFRS reported HEPS
at 987 cps, up 31.8%
Non-operational impacts decreased HEPS by 123 cps
ROE
improved to 19.6%(up 2.6pp)
Holding company (Holdco)
leverage improved to 1.0x
(2020: 2.2x), Holdco net debt down to R30.1 billion (2020: R43.3 billion)
Capex of
R39.4 billion (R32.7 billion
under IAS17 with capex intensity of 18.0%)
Final dividend declared
300cps
MoMo
Active users up
22.6%
to
56.8 million
Value of transactions up to 56.8% to US$239.4 billion
Value of transactions up to 56.8% to US$239.4 billion
* Constant currency information after accounting for the impact of the pro forma adjustments as defined. Any forward-looking financial information disclosed in this results announcement, including the dividend guidance, is the directors’ responsibility and has not been reviewed or audited or otherwise reported on by our external joint auditors.