Partner Communications Reports Fourth Quarter and Annual 2017 Results¹
Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share (PTNR)
US:NASDAQ Investor Relations:
partner.co.il/ir-en
Company Research
Source: Business Wire
ADJUSTED EBITDA2 TOTALED NIS 917 MILLION IN 2017 PROFIT TOTALED NIS 114 MILLION IN 2017 NET DEBT2 DECLINED BY NIS 620 MILLION IN 2017 TO REACH NIS 0.9 BILLION CELLULAR POST-PAID SUBSCRIBER BASEINCREASED BY 79 THOUSAND SUBSCRIBERS IN 2017 2017 Annual Highlights (compared with 2016, which was prior to the adoption of IFRS 15) Total Revenues: NIS 3,268 million (US$ 943 million), a decrease of 8% Service Revenues: NIS 2,582 million (US$ 745 million), a decrease of 6% Equipment Revenues: NIS 686 million (US$ 198 million), a decrease of 13% Total Operating Expenses (OPEX)2: NIS 1,946 million (US$ 561 million), a decrease of 16% Adjusted EBITDA: NIS 917 million (US$ 264 million), an increase of 10% Adjusted EBITDA Margin2: 28% of total revenues compared with 2
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