RNS Number : 5282R
COLT Telecom Group S.A.
01 May 2009
COLT Telecom Group S.A. - Comparative financial information presented by business division and revenue type
Certain customers were reclassified between divisions in Q1 2009 as a result of changes to divisional customer revenue thresholds. COLT is today providing restated divisional revenue and operating profit information for the divisions for the year ended 31 December 2008 and for each quarter of 2008 to reflect these customer reclassifications. Total reported COLT revenue and operating profit for 2008 remain unchanged.
In Q1 2009, Managed Services revenue, which was previously included within Data revenue, has been reported separately for the first time as it approaches materiality in relation to total COLT revenue.
COLT is today therefore also providing comparative financial information and constant currency growth rates for Data revenue and Managed Services revenue for the year ended 31 December 2008 and for each quarter of 2008. COLT is also providing comparative financial information regarding the Data and Managed Services components of deferred revenue balances for each quarter of 2008.
Comparative financial information
i) Restated revenue & operating profit
|
|
Twelve months ended 31 December 2008
|
|
€m
|
Major Enterprise
|
SME
|
Wholesale
|
Total
|
|
Carrier Voice
|
--
|
--
|
235.6
|
235.6
|
|
Corporate and Reseller Voice
|
165.1
|
280.5
|
78.2
|
523.8
|
|
Total Voice revenue
|
165.1
|
280.5
|
313.8
|
759.4
|
|
Data revenue
|
417.7
|
176.7
|
196.3
|
790.7
|
|
Managed Services revenue
|
97.9
|
22.9
|
4.5
|
125.3
|
|
Total revenue
|
680.7
|
480.1
|
514.6
|
1,675.4
|
|
|
|
|
|
|
|
Operating profit
|
26.8
|
1.0
|
48.5
|
76.3
|
|
|
Three months ended 31 March 2008
|
|
€m
|
Major Enterprise
|
SME
|
Wholesale
|
Total
|
|
Carrier Voice
|
--
|
--
|
54.7
|
54.7
|
|
Corporate and Reseller Voice
|
43.0
|
72.4
|
20.1
|
135.5
|
|
Total Voice revenue
|
43.0
|
72.4
|
74.8
|
190.2
|
|
Data revenue
|
103.7
|
42.6
|
46.3
|
192.6
|
|
Managed Services revenue
|
21.6
|
5.4
|
1.1
|
28.1
|
|
Total revenue
|
168.3
|
120.4
|
122.2
|
410.9
|
|
|
|
|
|
|
|
Operating profit
|
4.9
|
(2.2)
|
11.4
|
14.1
|
|
|
Three months ended 30 June 2008
|
|
€m
|
Major Enterprise
|
SME
|
Wholesale
|
Total
|
|
Carrier Voice
|
--
|
--
|
58.8
|
58.8
|
|
Corporate and Reseller Voice
|
41.9
|
71.3
|
18.7
|
131.9
|
|
Total Voice revenue
|
41.9
|
71.3
|
77.5
|
190.7
|
|
Data revenue
|
104.1
|
44.2
|
48.5
|
196.8
|
|
Managed Services revenue
|
22.8
|
4.9
|
1.1
|
28.8
|
|
Total revenue
|
168.8
|
120.4
|
127.1
|
416.3
|
|
|
|
|
|
|
|
Operating profit before exceptional items
|
7.9
|
--
|
12.4
|
20.3
|
|
|
Three months ended 30 September 2008
|
|
€m
|
Major Enterprise
|
SME
|
Wholesale
|
Total
|
|
Carrier Voice
|
--
|
--
|
59.8
|
59.8
|
|
Corporate and Reseller Voice
|
40.5
|
68.7
|
19.4
|
128.6
|
|
Total Voice revenue
|
40.5
|
68.7
|
79.2
|
188.4
|
|
Data revenue
|
104.6
|
43.8
|
50.5
|
198.9
|
|
Managed Services revenue
|
26.4
|
5.7
|
1.3
|
33.4
|
|
Total revenue
|
171.5
|
118.2
|
131.0
|
420.7
|
|
|
|
|
|
|
|
Operating profit
|
5.3
|
1.5
|
13.9
|
20.7
|
|
|
Three months ended 31 December 2008
|
|
€m
|
Major Enterprise
|
SME
|
Wholesale
|
Total
|
|
Carrier Voice
|
--
|
--
|
62.3
|
62.3
|
|
Corporate and Reseller Voice
|
39.7
|
68.1
|
20.0
|
127.8
|
|
Total Voice revenue
|
39.7
|
68.1
|
82.3
|
190.1
|
|
Data revenue
|
105.3
|
46.1
|
51.0
|
202.4
|
|
Managed Services revenue
|
27.1
|
6.9
|
1.0
|
35.0
|
|
Total revenue
|
172.1
|
121.1
|
134.3
|
427.5
|
|
|
|
|
|
|
|
Operating profit
|
8.7
|
1.7
|
10.8
|
21.2
|
ii) Growth rates - at constant currency1, compared to the same period during the prior year.
|
|
2008
|
|
COLT
|
Q1
|
Q2
|
Q3
|
Q4
|
2008
|
|
Data revenue
|
11.2%
|
10.7%
|
10.4%
|
8.3%
|
10.1%
|
|
Managed Services revenue
|
31.0%
|
28.6%
|
23.5%
|
31.6%
|
28.6%
|
1 The foreign exchange impact has been calculated by retranslating non-Euro revenue in the current period at the prior period average exchange rate.
iii) Deferred revenue
|
€m
|
At 31 March 2008
|
At 30 June 2008
|
At 30 September 2008
|
At 31 December 2008
|
|
Data
|
134.5
|
137.3
|
138.6
|
131.0
|
|
Managed Services
|
50.7
|
52.4
|
60.7
|
54.1
|
|
Total Deferred Revenue
|
185.2
|
189.7
|
199.3
|
185.1
|
Enquiries:
Gill Maclean
Email: gill.maclean@colt.net
Tel: +44 (0) 20 7863 5314
Group Communications
Beaufort House
15 St Botolph Street
London
EC3A 7QN
www.colt.net
COLT Telecom Group S.A., K2 Building, Forte 1, 2a rue Albert Borschette, L-1246 Luxembourg
R.C.S. B115679
This information is provided by RNS
The company news service from the London Stock Exchange
END
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