Brief: Orange Belgium Sees 2023 EBITDAAL Between EUR 360-375 Million

Orange Belgium NV

10/02/2023 06:12

Feb 10 (Reuters) - Orange Belgium SA  OBEL.BR :
    * SUSTAINED COMMERCIAL PERFORMANCE AND SOLID EBITDAAL GROWTH
IN
2022
    * H2 REVENUES +0.9% / FY 2022 REVENUES +2.0% YOY
    * H2 EBITDAAL +7.8% / FY 2022 EBITDAAL +5.9% YOY
    * H2 REVENUE EUR 713.9 MILLION VERSUS EUR 707.6 MILLION YEAR
AGO
    * H2 EBITDAAL EUR 206.9 MILLION VERSUS EUR 191.8 MILLION
YEAR AGO
    * H2 OPERATING CASH FLOW EUR 72.9 MILLION VERSUS EUR 69.0
MILLION
YEAR AGO
    * H2 ECAPEX EUR 134.0 MILLION VERSUS EUR 122.8 MILLION YEAR
AGO
    * WILL NOT PROPOSE ANY DIVIDEND FOR THE FINANCIAL YEAR 2022
    * OUTLOOK 2023: EXPECTS LOW SINGLE-DIGIT REVENUE GROWTH
    * OUTLOOK 2023: EBITDAAL BETWEEN €360M AND €375M
    * OUTLOOK 2023: . TOTAL ECAPEX BETWEEN €210M AND €230M
    * TELECOM MASTS: WE CONSIDER THERE IS NO CONTRIBUTION TO BE
PAID
TO WALLOON REGION BY 15 FEBRUARY 2023
    * VOO ACQUISITION: WE STILL AIM TO HAVE A CLOSING IN Q2 2023
    * INFLATION SEEN IN 2022 HAS LED TO AN IMPORTANT INDEXATION
ON
LABOUR COSTS AND ENERGY PRICES WILL REACH AN ALL-TIME HIGH

Source text: https://oran.ge/3XlRa00
Further company coverage:  OBEL.BR 
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