Outlook 2020 - Resilience in EBITDA and cash flow

Last updated 21 October 2020.

Updated outlook FY 2020 Previous outlook
Low single digit percent decline in organic
subscription and traffic revenues
Low single digit percent decline in organic subscription and
traffic revenues
Low single digit percent
growth in organic EBITDA
Stable organic EBITDA
Capex/Sales around 13 % Capex/sales around 13%

Subscription & traffic revenues from mobile, fixed and TV services. Org. revenue growth in fixed currency, adj. for acquisitions and disposals. EBITDA before other items.