ORANGE BELGIUM S.A.

OBEL

Equity

ISIN BE0003735496 / Valor 954286

Euronext - Euronext Brussels (2025-03-14)

EUR 15.08-0.13%

ORANGE BELGIUM S.A.
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Orange Belgium S.A. is a prominent telecommunications provider in Belgium and Luxembourg, operating under the umbrella of the global Orange Group. The company delivers a comprehensive range of telecommunications services, including mobile and fixed connectivity, internet, telephony, and television services to both residential and business customers. Notably, Orange Belgium has distinguished itself as the first telecom operator in the country to offer 1Gbps speeds on its fixed network. It also serves the corporate market with landline telephony and broadband internet solutions, positioning itself as an integrated communications operator with a diverse portfolio of connectivity and mobility services. Additionally, Orange Belgium engages in the wholesale market, providing partners with access to its infrastructure and a wide array of services, including those based on Big Data and the Internet of Things (IoT). With over 3 million customers across Belgium and Luxembourg, the company is committed to maintaining high-quality mobile and fixed-line networks through continuous investment in the latest technologies. Orange Belgium is publicly traded on the Brussels stock exchange, reflecting its significant position in the European telecommunications sector.

Summarized from source with an LLMView SourceSector: Telecommunications

Revenue Growth

ORANGE BELGIUM S.A. reported a revenue increase of 4.6% for the full year 2023, driven by a solid commercial performance and a "more for more" approach. The company's service revenue grew by 6.2%, reflecting the success of its strategic initiatives in a competitive market environment.

Stable EBITDAaL

Despite inflationary pressures, ORANGE BELGIUM S.A. managed to maintain stable EBITDAaL for both the second semester and the full year 2023. This stability was achieved through effective cost control measures, allowing the company to slightly exceed its EBITDAaL guidance for the year.

Customer Base Expansion

In the second half of 2023, ORANGE BELGIUM S.A. saw a 4% year-over-year increase in its mobile postpaid customer base, reaching a total of 3.3 million subscribers. The cable customer base also grew by 5.5% year-over-year, totaling 987,000 customers, supported by successful back-to-school offers.

Capital Expenditure

ORANGE BELGIUM S.A. reported a 4.1% increase in eCapex for the full year 2023. This rise was attributed to investments in RAN sharing implementation, 5G deployment, and upgrading the cable network to achieve 95% Gigabit network coverage across Belgium.

Dividend Decision

Due to the financial impact of the VOO acquisition, ORANGE BELGIUM S.A.'s Board of Directors decided not to propose any dividend for the financial year 2023 at the upcoming Annual General Meeting. This decision reflects the company's focus on strengthening its balance sheet post-acquisition.

Summarized from source with an LLMView Source

Key figures

20.6%1Y

-22.1%3Y

7.41%5Y

Performance

19.6%1Y

26.7%3Y

29.3%5Y

Volatility