Orange Belgium: raises full-year guidance
(CercleFinance.com) - Total revenues amounted to E977.
6m in H1 2024, up 2.5%, mainly attributable to the increase in services invoiced to the customer.
The postpaid mobile customer base grew by 74,000 contracts, bringing the total number of subscribers to 3.4 million (+4.5% y-o-y).
The cable customer base grew by 18,000 contracts to more than 1 million customers at the end of the period (+4.5% y-o-y).
EBITDAaL grew by +13.9%, driven by higher service sales and a strong contribution from synergies, notably the migration of VOO mobile customers to the Orange network.
Company management says that it is now confident that it will improve its EBITDAaL guidance to just over E535m for the year (previously E515m to E535m), while also meeting its capex targets (E365m to E385m).
Copyright (c) 2024 CercleFinance.com. All rights reserved.
6m in H1 2024, up 2.5%, mainly attributable to the increase in services invoiced to the customer.
The postpaid mobile customer base grew by 74,000 contracts, bringing the total number of subscribers to 3.4 million (+4.5% y-o-y).
The cable customer base grew by 18,000 contracts to more than 1 million customers at the end of the period (+4.5% y-o-y).
EBITDAaL grew by +13.9%, driven by higher service sales and a strong contribution from synergies, notably the migration of VOO mobile customers to the Orange network.
Company management says that it is now confident that it will improve its EBITDAaL guidance to just over E535m for the year (previously E515m to E535m), while also meeting its capex targets (E365m to E385m).
Copyright (c) 2024 CercleFinance.com. All rights reserved.