Investment Case - A1 Group
Digital leader in CEE
Broadband Internet | Mobile & Home Entertainment | Voice Telephony | Data & IT Services | Security | Digital Payments
– Exploiting growth opportunities in digital services on the back of an excellent customer journey in B2B digital services
– Country diversification and GDP growth: 2.3% in A1 CEE versus 1.3% in EUR (2026e)
Financial Performance
> € 500 mn free cash flow p.a.
– Revenue & EBITDA Growth: Industry-leading and constant increases
– Strong Free Cash Flow: Supporting investments & shareholder returns
– Attractive Risk Profile: Underpinned by highest credit rating (A-/A3) in peer group
Strategic Strengths
#1 and 2 in 5/7 mobile markets
– Market Leadership: Strong brand and market positions in CEE, award-winning network & outstanding customer service
– Digital Innovation: Expanding service offerings through digitalization for retail and business customers
– Unique footprint: Business in Austria brings stability, international markets growth
Capital Structure & Shareholder Returns
~ 4% dividend yield
– Financial Strength: Conservative financial profile provides flexibility for growth
– Consistent Dividend Growth: increase in seven consecutive years with >10% CAGR
– Core shareholders bring further expertise and stability: AMX (one of the largest telcos) and ÖBAG (Austrian state); minimum 10% free float stipulated in syndicate agreement
Free cash flow: average last 5 years
Dividend yield: per year-end 2024, dividend CAGR for last seven years
GDP growth rates: IMF World Economic Outlook (January 2026) – Real GDP growth
| Documents | |
|---|---|
| Presentation A1 | |
| Presentation EuroTeleSites |
Related Information
Corporate Governance
The Corporate Governance represents a set of rules for responsible management and control of a company and can thus be seen as a “Corporate Constitution”.
[Corporate Governance](/content/investor-relations/corporate-governance/ "Corporate Governance"/index.html)
Capital market publications
Here you will find clearly arranged the most important reports and materials
[Results center](/content/investor-relations/results-center/ "Results center"/index.html)
IR Contact
Our IR team will be happy to assist you with any capital market-related questions or concerns.
[Contact](/content/investor-relations/info-service-and-contact/ "Contact"/index.html)