Brief: Orange Belgium Targets Ebitdaal Between €515-535 mln For 2024

Orange Belgium NV

09/02/2024 06:09

Feb 9 (Reuters) - Orange Belgium SA  OBEL.BR :
    
    * FOR 2024 TARGETS AN EBITDAAL BETWEEN EUR 515M AND EUR
535M.
TOTAL ECAPEX IN 2024 IS EXPECTED TO BE BETWEEN EUR 365M AND EUR
385M
    * BOARD OF DIRECTORS WILL NOT PROPOSE ANY DIVIDEND FOR
FINANCIAL
YEAR 2023 AT ANNUAL GENERAL MEETING
    * TOTAL ECAPEX IN 2024 IS EXPECTED TO BE BETWEEN EUR 365M
AND EUR
385M
    * H2 AND FY 2023 EBITDAAL REMAIN STABLE ON A COMPARABLE
BASIS
    * H2 REVENUES +5.9% YOY / FY 2023 REVENUES +4.6% YOY
    * BOARD OF DIRECTORS WILL NOT PROPOSE ANY DIVIDEND FOR
FINANCIAL
YEAR 2023
    * 2024 WILL BE A CHALLENGING YEAR WITH MARKET EVOLUTIONS BUT
WE
REMAIN VERY CONFIDENT IN OUR ABILITY TO EXECUTE OUR STRATEGY
    * COMPANY TARGETS AN EBITDAAL BETWEEN EUR 515M AND EUR 535M.
    * TOTAL ECAPEX IN 2024 IS EXPECTED TO BE BETWEEN EUR 365M
AND EUR
385M.
    * BOARD OF DIRECTORS WILL NOT PROPOSE ANY DIVIDEND FOR THE
FINANCIAL YEAR 2023 AT THE ANNUAL GENERAL MEETING

Source text for Eikon:  ID:nGNE5GbD6Y 
Further company coverage:  OBEL.BR 

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