|ATM S.A. maintains the rate of growth as in the first half of 2013|
ATM S.A. published the consolidated financial statements for Q3 of 2013. The results generated in Q3 of this year were better than those from the corresponding period in 2012. The high growth noted in the first half of this year has been maintained. The cumulative EBITDA for the first three quarters of 2013 was PLN 33.3 million (increase of 9.5% y/y), the operating profit was PLN 18.8 million (increase of 15.5% y/y) and the net profit was PLN 11.5 million (increase of 25% y/y).
The growth at ATM has been again driven by data center services that after the first three quarters of this year have generated sales of over 17% more than in the corresponding period in 2012. This large growth dynamics of colocation revenue has allowed for exceeding PLN 42.5 million from the beginning of this year, and over PLN 15 million for the third quarter alone. It has come about due to the fast commercialization of ATMs data centers in the first half of the year. Over 97% of the PLN 42.5 million colocation revenue has been derived from subscriptions.
We are still aiming to utilize to the greatest possible extent the huge growth potential that the local data center market undoubtedly has. Independently of the activities directed towards strengthening of our position as the leader in the Polish colocation market, we are also consistently undertaking initiatives to attract more customers from outside of Poland, including those that lie to our east. In the last quarter we signed a memorandum of understanding with the leading Russian backbone network carrier. This has allowed us, among other things, to directly connect to the largest Internet exchange point in Moscow, stated Maciej Krzyżanowski, President of the Management Board of ATM S.A.
It is worth emphasising that the abovementioned memorandum has made ATM the only Polish telecommunication operator that is present in the four largest European IXs (Amsterdam, Frankfurt, London and Moscow). With our own Thinx Internet Exchange on top of this, the Company can offer its customers even better communication between Eastern and Western Europe.
An 8-percent growth in data transmission and optic fibre service revenue in comparison with the corresponding period in 2012 has been achieved in the first three quarters of this year, with revenue of PLN 35.5 million. The slightly reduced rate of growth as compared to the first half of this year has been due to delays in the handover of completed work under one of ATMs major infrastructure contracts. As a consequence of this, the revenue from this project has been deferred to future periods. At the same time, the Company has been intensifying its efforts on procuring further significant contracts that are to be based on the current optic fibre networks.
The Company, like other telecommunication operators, still records decreases in Internet access services revenue. In the first three quarters of this year less than PLN 14 million revenue has been earned from sales in this service category, which is a 16-percent drop year on year. It is important to note however, that the rate of the drop in Internet access revenue has been slowing down. This is due, among other things, to effective interest of smaller enterprises in ATMs offer. Concurrently, the percentage of this revenue in the overall operations of the Company is systematically falling. Currently the share of the Internet access margin in relation to the whole subscribed margin generated by the Company is only 12%, with over 62.5% of the share being attributable to the data center services margin.
ATM S.A. is a telecommunications company listed on the Warsaw Stock Exchange. Under the brands of ATMAN and Thinx Poland, the company offers telecommunications services based on its own fibre networks and data centers. Key elements of ATMs offer include: internet access, broadband data transmission, colocation and hosting. The company also provides telephone and telecommunications outsourcing services. ATMs main customers include telecommunications carriers, traditional media, web portals, and companies from the financial, commercial and industrial sectors. More information available at: www.atm.com.pl.