Continued commercial performance and strong EBITDAaL
From GlobeNewswire: 2025-02-07 01:00:00
Orange Belgium reports strong financial performance for the second semester and full year 2024. Mobile postpaid customer base increased by 4.4%, cable customer base by 3.5%. Revenues up by 1.7% yoy. EBITDAaL grew by 10.1% yoy. New portfolios led to successful commercial performance. Financial results reflect commitment to innovation and customer experience.
CEO Xavier Pichon highlights the company’s dedication to providing top telecom offers and enhancing the customer experience through initiatives like the Netflix partnership. The Lead the Future strategy focuses on superior technology, sustainability, and financial excellence. CFO Antoine Chouc emphasizes robust financial results, with revenue growth of 1.7% and EBITDAaL growth of 10.1% in 2024.
Orange Belgium Group opts not to propose a dividend for 2024 to maintain a balanced financial position and support future investments. The company sets an EBITDAaL target between €545m and €565m for 2025, with total eCapex expected to be between €365m and €385m. The new financial calendar includes key dates for 2025, subject to changes.
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