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Singtel H1 FY2027 Results Presentation

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Singtel H1 FY2027 Results Presentation — Singtel's financial results for the half year ended 30 Sep 2026, presented by Group CEO Yuen Kuan Moon on 13 November 2026 and lodged with SGX (Singapore Exchange), showing operating revenue of S$ (Singapore dollars) 7.3B, OpCo EBIT up 9%, an interim dividend of 9.0 cents per share and a raised FY27 OpCo EBIT growth outlook.

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Singtel H1 FY2027 Results Presentation — Singtel's financial results for the half year ended 30 Sep 2026, presented by Group CEO Yuen Kuan Moon on 13 November 2026 and lodged with SGX (Singapore Exchange), showing operating revenue of S$ (Singapore dollars) 7.3B, OpCo EBIT up 9%, an interim dividend of 9.0 cents per share and a raised FY27 OpCo EBIT growth outlook.

Vantaggi Chiave

  • •Shows the full H1 FY27 scorecard in one place: operating revenue S$7.3B, EBITDA S$2.1B, OpCo EBIT S$0.9B, regional associates' PAT S$1.0B, underlying net profit S$1.5B and net profit S$1.5B
  • •Breaks results down by business: Optus, Singtel SG, NCS and Digital InfraCo, with revenue, EBIT and year-on-year change for each
  • •Explains the data centre strategy with capacity charts for Nxera, RE:AI and STT GDC (461MW, 2,748MW gross total capacity)
  • •Covers balance sheet and capital returns: net debt S$9.0B, 1.2x net debt to EBITDA and associates' PBT, dividend history FY21 to FY27 and the S$1.0B share buyback
  • •Gives forward guidance: FY27 OpCo EBIT growth raised to between mid and high-single digits, S$3.0B capex, and H2 FY27 focus areas

Pubblico di Riferimento

  • •Equity analysts and investors researching Singtel and the Asia-Pacific telecom and data centre sector
  • •Finance and investor relations teams looking for a reference structure for a half-year results deck
  • •Telecom, data centre and AI infrastructure industry watchers
  • •Students and consultants studying how a diversified telecom group reports segment, associate and capital management results

Casi d'Uso

  • •Researching Singtel's half-year performance and FY27 guidance
  • •Comparing Singtel's segment and associate results with other telecom groups
  • •Using the slide order (highlights, segments, growth engines, financial position, dividends, outlook, appendix) as a template for an investor deck
  • •Copying layout ideas for KPI tile grids, stacked capacity bars, associate PAT bridges and guidance tables

Proposte di Valore Uniche

  • •Pairs constant-currency and reported growth figures side by side on the headline slides, a useful reporting convention for multinational groups
  • •Dedicates four slides to data centres (Nxera, regulation, RE:AI, STT GDC), reflecting the group's digital infrastructure pivot
  • •Includes an associate-by-associate PAT breakdown for Airtel, AIS, Globe and Telkomsel with the S$81M stronger-SGD headwind called out
  • •Ends with an appendix on AI value creation at Singtel SG and NCS's AI-led operating structure

Pagine Slide (21)

Vista dettagliata di ogni pagina di slide, inclusi layout, contenuto chiave ed elementi visivi.

Pagina 1
title slide

Financial results

Contenuto

Title slide for the financial results for the half year ended 30 Sep 2026, presented by Yuen Kuan Moon, Group CEO, on 13 November 2026.

Struttura Layout

Full-bleed photo of colleagues in a meeting room with a white rounded title card with a red edge across the bottom; Singtel logo top right.

Elementi Visivi Chiave

  • •Full-bleed office photograph
  • •White title card with red border
  • •Presenter name and role
  • •Singtel logo
Pagina 2
disclaimer

Forward looking statement – Important note

Contenuto

Standard disclaimer: the presentation is for information only and is not a prospectus or offer; no representation or warranty is given; third-party data is not independently verified; forward-looking statements are subject to risks and Singtel is not obliged to update them.

Struttura Layout

Text-only slide with two bold headings, Important Notice and Forward-Looking Statements, each followed by dense justified paragraphs.

Elementi Visivi Chiave

  • •Two headed text blocks
  • •Dotted rule under the title
  • •Singtel logo
Pagina 3
executive summary

H1FY27 key highlights: Strong underlying earnings

Contenuto

OpCo EBIT increased 9% (6% constant currency), at the top end of FY27 guidance. Underlying NPAT grew 10% (16% constant currency) while net profit was 55% lower because of one-off divestment gains in H1FY26. The STT GDC acquisition completed with combined operating capacity of ~950MW (+32% YoY); interim dividend 9.0cts (+10%), ~S$1.0B of shares bought back and FY27 OpCo EBIT guidance raised.

Struttura Layout

Four stacked rounded cards, each with a red icon on the left, a red headline and bullet points; footnotes in two columns at the bottom.

Elementi Visivi Chiave

  • •Four icon cards
  • •Red headline per card
  • •Superscript footnote markers
  • •Two-column footnotes
Pagina 4
KPI dashboard

H1FY27 financial highlights

Contenuto

Operating revenue S$7.3B (+6%, +1% constant currency); EBITDA S$2.1B (+8%, +4%); OpCo EBIT S$0.9B (+9%, +6%); regional associates' PAT S$1.0B (+9%, +17%); underlying net profit S$1.5B (+10%, +16%); net profit S$1.5B (-55%, -52%). Interim dividend of 9.0cts/share (+10%).

Struttura Layout

Two-row, three-column grid of KPI tiles, each with a large value and a green or red change arrow, plus a full-width dividend banner below.

Elementi Visivi Chiave

  • •Six KPI tiles
  • •Green up and red down arrows
  • •Constant currency in brackets
  • •Dividend banner
Pagina 5
business overview

H1FY27 business highlights

Contenuto

Singtel SG: tri-brand strategy delivered two consecutive quarters of growth, ARPU +6%, mobile service revenue +4%, main brand churn down 22%, more than S$0.4B Enterprise TCV won. Optus EBIT +14% with doubled regional 5G upgrades to 1,000 sites. NCS EBIT +16%. Digital InfraCo EBIT +25%, with RE:AI first in APAC to deploy NVIDIA DGX GB300.

Struttura Layout

Four equal columns, each with a photo header carrying the business logo and theme, then large red statistics, partner logos and short descriptors.

Elementi Visivi Chiave

  • •Four photo headers
  • •Large red percentages
  • •Customer and partner logos
  • •Footnotes on ARPU comparison, TCV and 18-month window
Pagina 6
segment results

Core telco business

Contenuto

Optus: revenue A$4,028M (-2%), EBIT A$322M (+14%), with 4% ARPU growth from higher mobile pricing. Singtel SG: revenue S$1,840M (-1%), EBIT S$420M (-5%); EBIT stable excluding one-off compensation received last year for a contractual breach.

Struttura Layout

Two halves split by a dotted divider; each has a logo, two metric tiles (revenue and EBIT with YoY arrows) and bullet commentary below.

Elementi Visivi Chiave

  • •Teal Optus tiles and red Singtel SG tiles
  • •YoY arrows
  • •Bullet commentary
  • •Footnote on one-off income
Pagina 7
segment results

Growth engines

Contenuto

NCS: revenue S$1,673M (+10%), EBIT S$212M (+16%), secured bookings of S$1.6B with a book-to-bill ratio of 1.0. Digital InfraCo: revenue S$265M (+22%), EBIT S$51M (+25%), with Nxera revenue up 21% and RE:AI momentum.

Struttura Layout

Two-panel layout mirroring the core telco slide: logo, revenue and EBIT tiles with YoY arrows, then bullets with sub-bullets.

Elementi Visivi Chiave

  • •Navy NCS tiles and grey Digital InfraCo tiles
  • •YoY arrows
  • •Bullet commentary
Pagina 8
data visualization

Nxera: Demand-backed expansion fuels sustainable growth

Contenuto

Nxera total gross capacity of 461MW: 146MW operational, 146MW under construction and 169MW pipeline; 72% contracted of 292MW. By country: SG 120MW and TH 26MW operational; MY 64MW, ID 18MW and TH 64MW under construction. 91% of contracted EBITDA is from Singapore; ~210MW contracted capacity (+73%).

Struttura Layout

Stacked horizontal capacity bar with a country breakdown beneath, a callout box for DC Tuas margin and KKR funding, a pie chart for contracted EBITDA by country, and five footnotes.

Elementi Visivi Chiave

  • •Stacked capacity bar (operational, under construction, pipeline)
  • •Country flags
  • •Pie chart 91% SG and 9% regional
  • •Callout: DC Tuas ~70% stabilised EBITDA margin expected by FY28; S$0.7B KKR funding remaining
Pagina 9
comparison

Navigating an evolving regulatory landscape to support continued DC development

Contenuto

Regulatory developments per country: Singapore's Digital Infrastructure Bill (phased from 2027), Malaysia's DC approval and renewable energy requirements (30% minimum approved Oct 2026) and Thailand's Data Center Operation Management Policy (Cabinet approval 10 Nov 2026). Nxera states it is well positioned, with operational and under-construction projects on track and pipeline power committed or secured.

Struttura Layout

Banner headline, a two-column table (regulatory developments versus positioning) with one row per country flag, and a development continuity panel with two checkmark boxes.

Elementi Visivi Chiave

  • •Country flags SG, MY, TH
  • •Two-column comparison rows
  • •Navy banner
  • •Checkmark continuity boxes
Pagina 10
business update

RE:AI: Disciplined rollout backed by sovereign demand

Contenuto

First 6MW is fully contracted for the next 3-5 years with ~S$600M of contracts secured; ~S$300M capex included in FY27 guidance; ~4MW deployed with EBITDA contribution from Sep-26 and ~2MW on track by Q4FY27. Next 6MW has power secured, ~S$300M capex projected from FY28 and demand-led deployment upon securing >80% contracted capacity. Investment economics: 2-3 years payback, low-to-mid 20s EBIT margin, low-to-mid teens equity IRR.

Struttura Layout

Two large cards (First 6MW, Next 6MW) with checkmark bullet lists, and a bottom strip showing three investment metrics.

Elementi Visivi Chiave

  • •Two phase cards
  • •Purple checkmarks
  • •Bottom metrics strip
  • •Footnote on demand-aligned capex
Pagina 11
data visualization

STT GDC: Diversified platform with scale

Contenuto

After completion on 31 August 2026, Singtel held an effective ~25% shareholding in STT GDC and equity accounts for its share of results, so H1FY27 reflects one month of contribution. Capacity: 805MW operational (APAC 577MW, UK/EU 228MW), 609MW under construction, 1,334MW pipeline, 2,748MW total gross; 71% contracted of 1,414MW. ~1GW contracted capacity (+51%), 89% billing utilisation, EBITDA growth +24%.

Struttura Layout

Stacked capacity bar with a break in the pipeline segment, a region sub-bar, three metric boxes along the bottom, and a closing grey banner.

Elementi Visivi Chiave

  • •Stacked capacity bar
  • •By-region bar APAC and UK/EU
  • •~110MW in SG bracket
  • •Three metric boxes
Pagina 12
ecosystem diagram

One-stop ecosystem where connectivity, cloud & AI converge

Contenuto

A five-layer stack: NCS (applications and services), Paragon (orchestration), RE:AI (GPUaaS and AIaaS), Nxera and STT GDC (data centres), and regional connectivity (Singtel, Airtel, AIS, Telkomsel, Globe, Optus). Combined operating capacity is ~950MW (+32% YoY) and contracted capacity ~1.2GW (+54% YoY); STT GDC acquisition completed 31 Aug 2026.

Struttura Layout

3D isometric stack of coloured layers on the left, each linked to a descriptive box with bullets on the right; footnote on submarine cable systems.

Elementi Visivi Chiave

  • •Isometric layered stack
  • •Brand logos on each layer
  • •Connector lines to detail boxes
  • •Footnote listing ALC, AUG East, i2SEA, SMW6 and EMA cables
Pagina 13
data visualization

Regional associates' PAT

Contenuto

Regional associates' PAT rose from S$915M to S$993M (+9%, +17% constant currency), despite an S$81M adverse impact from a stronger SGD. H1FY27 by associate: AIS 262, Globe 106, Telkomsel 218, Airtel India 516, Airtel Africa 106, Airtel BTL -216 (all S$M).

Struttura Layout

Stacked column chart comparing H1FY26 and H1FY27 with segment labels and YoY change on the right, plus a right-hand panel with a headline tile and commentary per associate.

Elementi Visivi Chiave

  • •Stacked bars by associate
  • •Change callouts with constant currency in brackets
  • •Callout bubble on stronger SGD
  • •Associate logos
Pagina 14
financial position

Solid financial position

Contenuto

Net debt S$9.0B (Sep 25: S$8.7B); net debt to EBITDA and associate PBT 1.2x (1.3x); interest cover 17.1x (19.8x); fixed rate debt 86% (86%). Cash balance S$3.6B and average cost of debt ~3.8%. Cash sources were S$3,228M in H1FY27 versus S$3,709M in H1FY26 (-13%), with S$1B of cash recycled this period. Ratings shown: Moody's A1 and S&P Global A+, with S&P's first ratings upgrade noted.

Struttura Layout

Row of four metric tiles with prior-year comparatives, a stacked horizontal bar chart of FCF components and asset recycling below, and bullet commentary with rating logos on the right.

Elementi Visivi Chiave

  • •Four metric tiles
  • •Horizontal stacked bars H1FY27 vs H1FY26
  • •-13% callout
  • •Moody's and S&P rating marks
Pagina 15
data visualization

Sustainable dividend growth

Contenuto

Ordinary dividends declared FY21 to FY27 in Scts, split into interim, final and value realisation dividend (VRD). FY26 totalled 18.5; FY27 interim dividend is 9.0cts (7.1cts core and 1.9cts VRD), up 10%, at a core payout ratio of 78% of H1FY27 underlying NPAT. S$1.0B of the Value Realisation Share Buyback executed; on track to grow total FY27 dividend by mid to high-single digits.

Struttura Layout

Stacked bar chart across seven fiscal years with phase labels (Strategic reset, Singtel28) on the left and three summary cards on the right; banner at the bottom.

Elementi Visivi Chiave

  • •Stacked bars interim, final and VRD
  • •Strategic reset and Singtel28 labels
  • •+10% callout
  • •Three icon cards
  • •Guidance banner
Pagina 16
guidance

Uplift in FY27 outlook

Contenuto

FY27 OpCo EBIT growth rate guidance is raised from between low and mid-single digits to between mid and high-single digits. Regional associates' dividend S$1.1B and capex S$3.0B (Core S$1.8B, Growth S$1.2B) with S$0.7B to be funded by external capital partners and customer advance receipts. H1FY27 is on track for the first two items, and capex guidance is to be confirmed in Q3FY27, likely lower than current guidance.

Struttura Layout

Left table card listing guidance items with old versus new values; a red arrow leads to a right card with green checkmarks for H1FY27 status.

Elementi Visivi Chiave

  • •Guidance table
  • •Greyed prior guidance next to new guidance
  • •Red arrow
  • •Green checkmarks
Pagina 17
strategy and priorities

H2FY27 focus areas

Contenuto

Priorities grouped in three bands. Digital connectivity: Singtel SG tri-brand and AI, Optus postpaid additions, and regional associates' cost optimisation. Digital infrastructure: ramp up DC Tuas and RE:AI, scale Nxera, and disciplined capital management at STT GDC. Digital services: NCS AI platforms, Digital Resilience offerings and East-West tech stacks.

Struttura Layout

Three horizontal bands with vertical side labels, each row pairing a company logo on the left with two or three bullets on the right.

Elementi Visivi Chiave

  • •Vertical band labels
  • •Company logos
  • •Bullet lists
  • •Footnote defining Digital Resilience
Pagina 18
section divider

Appendix

Contenuto

Section divider introducing the appendix slides.

Struttura Layout

Darkened full-bleed photo of a Singtel reception with blurred walking people and a white title card at the bottom centre.

Elementi Visivi Chiave

  • •Reception photograph with Singtel signage
  • •White rounded title card
Pagina 19
infographic

Tangible returns as Singtel SG embeds AI at scale

Contenuto

~65 initiatives across 10 value pools. Return on Customer: 85% customer satisfaction, ~67% faster handling time, >60% AI-led care resolution. Return on Employee: 82% see AI as a key growth lever, 85% building AI-era skills, with 3,000 practitioners and 300 specialists being developed. Return on Future: 60% care interactions with zero human involvement, 80% faster identification of network issues, 30% reduction in time for new software releases, and up to 75% field dispatch efforts reduced.

Struttura Layout

Red banner headline above three dark-blue columns, each with a header icon, large red statistics, tag pills and an image at the bottom.

Elementi Visivi Chiave

  • •Three column panels
  • •Large red statistics
  • •Tag pills
  • •Photo backgrounds
  • •1:5:60 ambition note
Pagina 20
organisation diagram

NCS: Pivoting for the AI-led era

Contenuto

NCS reorganises into Strategic Business Groups (gov+, enterprise, telco+) mapped to Industry Operating Groups (Foundation plus Strategic Growth: Defence, Homeland Security, Healthcare, Transport, Overseas Geographical Units). Service Organisations (Applications, Infrastructure, Engineering, Cyber) map to two AI-led service delivery engines: Apps & Comms Engineering and Digital Resilience.

Struttura Layout

Two numbered horizontal bands with chevrons: the left shows current structure and the right the new AI-led model, with boxes beneath each band.

Elementi Visivi Chiave

  • •Numbered section bands
  • •Navy pill labels
  • •Chevron arrows
  • •Teal delivery engine boxes
  • •Footnote on Foundation sectors
Pagina 21
closing slide

Singtel (closing slide)

Contenuto

Closing slide with the Singtel logo and LinkedIn, Facebook and YouTube icons.

Struttura Layout

Centred logo on a white background with three social icons in the bottom right corner.

Elementi Visivi Chiave

  • •Centred Singtel logo
  • •LinkedIn, Facebook and YouTube icons

Domande Frequenti

Domande comuni su questa slide e il contenuto della presentazione sottostante.

What period does the Singtel H1 FY2027 results presentation cover?

It covers the half year ended 30 Sep 2026 and is dated 13 November 2026. The title slide names Yuen Kuan Moon, Group CEO, as presenter.

What does H1 FY27 mean, and what is Singtel's fiscal year?

Singtel's fiscal year runs from April to March, ending on 31 March. H1 FY27 therefore means the first half of fiscal 2027, April to September 2026. H2 FY27 would be October 2026 to March 2027. SGX-listed companies report full financial statements half-yearly, which is why this deck covers a half year.

Where was this presentation published?

It was lodged with SGX (Singapore Exchange), where Singtel is listed, alongside the half-year results announcement.

What were the main financial results in H1 FY27?

The headline slide shows operating revenue of S$7.3B (+6%), EBITDA of S$2.1B (+8%), OpCo EBIT of S$0.9B (+9%), regional associates' PAT of S$1.0B (+9%), underlying net profit of S$1.5B (+10%) and net profit of S$1.5B (-55%). The net profit decline is attributed to one-off divestment gains in the prior period.

What interim dividend did Singtel declare?

The interim dividend is 9.0 cents per share, up 10%, made up of a 7.1 cent core dividend and a 1.9 cent Value Realisation Dividend. The deck gives a core payout ratio of 78% of H1FY27 underlying NPAT.

Did Singtel change its FY27 guidance?

Yes. FY27 OpCo EBIT growth guidance was raised from between low and mid-single digits to between mid and high-single digits. The outlook slide also shows regional associates' dividend of S$1.1B and capex of S$3.0B, with capex guidance to be confirmed in Q3FY27 and likely lower.

How is the deck structured?

It has 21 slides: title and disclaimer, highlights, business segment results (Optus, Singtel SG, NCS, Digital InfraCo), data centre slides for Nxera, RE:AI and STT GDC, an ecosystem overview, associates' PAT, financial position, dividends, outlook and H2 focus areas, then an appendix on AI at Singtel SG and NCS's AI-led structure.

What does the deck say about data centres?

Nxera has 461MW of gross capacity (146MW operational), STT GDC has 2,748MW of gross capacity (805MW operational), and combined operating capacity is ~950MW (+32% YoY). The STT GDC acquisition completed on 31 August 2026.

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