ORANGE BELGIUM S.A.

OBEL

Equity

ISIN BE0003735496 / Valor 954286

Euronext - Euronext Brussels (2024-12-23)

EUR 14.40+0.14%

ORANGE BELGIUM S.A.
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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

In the first semester of 2024, ORANGE BELGIUM S.A. reported total revenues of €977.6 million, marking a 2.5% increase compared to the same period in the previous year. This growth was primarily driven by an increase in retail service revenues.

EBITDAaL Performance

ORANGE BELGIUM S.A. saw a significant improvement in its EBITDAaL, which increased by 13.9% year-over-year. This boost was attributed to service revenue growth and strong contributions from synergies, particularly the migration of VOO mobile customers to the Orange network.

Customer Base Expansion

During the first semester of 2024, ORANGE BELGIUM S.A. experienced a 4.5% year-over-year increase in its mobile postpaid customer base, adding 74,000 new subscribers. The cable customer base also grew by 4.5%, reaching over 1 million customers.

Capital Expenditures

eCapex for ORANGE BELGIUM S.A. grew by 7.2% to €180.1 million in the first semester of 2024. This increase was mainly due to the company's ongoing network deployment plans in both mobile and fixed segments.

Profit and Outlook

ORANGE BELGIUM S.A. reported a net profit for the first semester of 2024, bolstered by successful litigations and seasonal cost effects. The company has also improved its EBITDAaL guidance for the year, now expecting to slightly exceed €535 million, while maintaining its capex targets between €365 million and €385 million.

Summarized from source with an LLMView Source

Key figures

6.82%1Y

-27.6%3Y

-31.3%5Y

Performance

21.1%1Y

27.3%3Y

29.8%5Y

Volatility