Brief: Orange Belgium Q4 Revenue Down At 343 Million Euros

Orange Belgium NV

05/02/2021 06:12

Feb 5 (Reuters) - ORANGE BELGIUM SA  OBEL.BR :
    * Q4 REVENUE FELL 7.2 PERCENT TO 343 MILLION EUR
    * ORANGE BELGIUM EXPECTS LOW SINGLE-DIGIT REVENUE GROWTH IN
2021.
    * Q4 REVENUES -7.2% YOY / Q4 RETAIL SERVICE REVENUES +3.0%
YOY
    * Q4 EBITDAAL+7.9% YOY
    * OUTLOOK 2021: COMPANY TARGETS EBITDAAL OF BETWEEN EUR 320M
AND
EUR 340M.
    * PROPOSED STABLE DIVIDEND AT EUR 0.50 PER SHARE
    * TOTAL ECAPEX IN 2021 IS EXPECTED TO BE BETWEEN EUR 200M
AND EUR
220M.
    * MOBILE POSTPAID CUSTOMER BASE +2.4% YOY / CABLE CUSTOMER
BASE
+26.3% YOY
    * BOARD OF DIRECTORS WILL PROPOSE A STABLE DIVIDEND OF EUR
0.50
PER SHARE FOR 2020 FINANCIAL YEAR AT ANNUAL GENERAL MEETING.
    * Q4 MOBILE POSTPAID CUSTOMER BASE NET ADDS 26,000, DOWN
16.4%
    * Q4 EBITDAAL GREW 7.9% YOY TO EUR 85.9M
    * RESULTS WERE IN LINE WITH GUIDANCE WE HAD FORESEEN FOR
2020

Source text for Eikon:  ID:nGNEJ9LDF 
Further company coverage:  OBEL.BR 

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