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Orange Belgium

0.0172

0.0000

Volume:- -

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Market Cap:1.03M

PE:- -

High:0.0172

Open:0.0172

Low:0.0172

Close:0.0172

52wk High:0.0172

52wk Low:0.0172

Shares:60.01M

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Orange Belgium SA (XBRU:OBEL) (FY 2024) Earnings Call Highlights: Strong Growth Amidst ...

Orange Belgium Achieves Strong Growth and Integration Success in 2024

Continued commercial performance and strong EBITDAaL growth, thanks to the successful operational integration of VOO

Orange Belgium invites investors and analysts to participate in its H2 and full-year 2024 results online web conference and audio conference call on February 7, 2025

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Belgium SA (XBRU:OBEL) (FY 2024) Earnings Call Highlights: Strong Growth Amidst ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2509824690","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509824690?lang=en_us&edition=fundamental","pubTime":"2025-02-08 15:03","pubTimestamp":1738998215,"startTime":"0","endTime":"0","summary":"Mobile Postpaid Customers: Grew by 4.4% to 3.7 million.Cable Customer Base: Increased by 3.5% to over 1 million customers.Synergies from VOO Integration: EUR47.5 million achieved in 2024.Convergent Offers Revenue: Grew by 8.9% year-on-year, contributing EUR611 million.For the complete transcript of the earnings call, please refer to the full earnings call transcript.The company successfully integrated VOO, achieving EUR47.5 million in synergies, which is ahead of their initial estimates.Orange Belgium SA  expanded its mobile postpaid customer base by 4.4% year-on-year, reaching 3.7 million customers.The company improved its 5G coverage significantly, now reaching 93% across Belgium.Sustainability initiatives led to a 5% reduction in CO2 emissions and the sale of 18,000 refurbished phones, reflecting a commitment to environmental responsibility.A: Antoine Chouc, CFO: The slight decrease in H2 growth was due to the absence of price hikes seen in H1. 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Financial information for the second semester and full year 2024. Mobile postpaid customer base 4.4% yoy / Cable customer base 3.5% yoy. H2 Revenues +0.9% yoy / FY 2024 Revenues +1.7% yoy on a comparable basis. H2 EBITDAaL +7.0% yoy / FY 2024 EBITDAaL +10.1% on a comparable basis. The launch of our new portfolios in the beginning of the semester has showed its success in mobile commercial performance. 74k postpaid net adds over the semester, bringing total subscribers to 3.5m, up by 4.4%. Both our Orange brands with its new portfolio, as well as our hey!Our cable offers generated 17k net adds over the period, totalling 1,021k customers . EBITDAaL increased by 10.1% for the full year, supported by the delivery of the synergies following the acquisition of VOO , other costs optimization and good commercial performance. 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Orange Belgium will publish its results for the second half and full year of 2024 on Friday, February 7, 2025 at 07:00 CET.Orange Belgium Investor Relations is pleased to invite investors and analysts to participate in an online web conference and/or audio conference call hosted by:. Koen Van Mol, Director Corporate Strategy & Investor Relations. The conference will start at 10:00 am CET . To access the online web conference, please register using the following link: Orange Belgium H2 2024 results. Orange Belgium is a subsidiary of the Orange Group, present in 26 countries with a total customer base of 292 million customers worldwide on 30 September 2024. 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