Brief: Orange Belgium Q2 EBITDAal Beats Company-Compiled Poll

Orange Belgium NV

26/07/2021 06:24

July 26 (Reuters) - Orange Belgium SA  OBEL.BR :
    * Q2 SUSTAINED OPERATIONAL AND FINANCIAL PERFORMANCE IN A
STILL
ACTIVE COMPETITIVE ENVIRONMENT
    * Q2 REVENUES +7.5% YOY / Q2 RETAIL SERVICE REVENUES +4.9%
YOY
    * Q2 EBITDAAL +5.9% YOY (H1'21: +8.8%)
    * Q2 REVENUES REACHED €325.4M, INCREASING BY 7.5%
    * Q2 EBITDAAL INCREASED BY 5.9% YOY TO €91.1M
    * Q2 MOBILE POSTPAID CUSTOMER BASE OF 2.68 MILLION
SUBSCRIBERS
VERSUS 2.6 MILLION YEAR AGO
    * Q2 ECAPEX GREW BY 52.1% YOY TO EUR 45.3MLN
    * Q2 NET PROFIT OF €11.6M VS €19.8M YR AGO
    * END-Q2 NET FINANCIAL DEBT EUR 124.4 MILLION VERSUS EUR
131.7
MILLION IN COMPANY-COMPILED POLL
    * EXPECTS LOW SINGLE-DIGIT REVENUE GROWTH IN 2021 TAKING
INTO
ACCOUNT FURTHER UPTAKE ON ITS POSTPAID AND CABLE CUSTOMER BASE
    * FOR 2021, THE COMPANY EXPECTS EBITDAAL BETWEEN €320M AND
€340M
    * FOR 2021, TOTAL ECAPEX IS EXPECTED TO BE BETWEEN €200M AND
€220M
    * ORANGE BELGIUM SA Q2 COMPANY-COMPILED POLL: REVENUE EUR
318.5
MILLION; EBITDAAL EUR 87.6 MILLION; NET PROFIT EUR 19.6 MILLION
    * ORANGE BELGIUM SA Q2 COMPANY-COMPILED POLL: CAPEX LOSS EUR
45.7
MILLION; NET DEBT EUR 131.7 MILLION; FCF EUR 37.0 MILLION

Source text for Eikon:  ID:nGNE22nbcD 
Further company coverage:  OBEL.BR 

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