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Orange Belgium SA (OBEL.BR)

OBEL.BR on Brussels Stock Exchange

17.25EUR
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Orange Belgium Q3 consolidated turnover beats Reuters poll
Monday, 23 Oct 2017 

Oct 23 (Reuters) - ORANGE BELGIUM SA :Q3 ADJUSTED EBITDA EUR ‍​ 83.1 MILLION VERSUS EUR 92.2 MILLION YEAR AGO.CONFIRMS ITS GUIDANCE FOR THE FINANCIAL YEAR 2017‍​.Q3 CONSOLIDATED TURNOVER EUR ‍​316.4 MILLION VERSUS EUR 308 MILLION IN REUTERS POLL.Q3 CONSOLIDATED NET PROFIT EUR 22.5‍​ MILLION.END-Q3 TOTAL NUMBER CONNECTED SIM CARDS 5.04‍​ MILLION VERSUS 5.92 MILLION YEAR AGO.CABLE RELATED CAPITAL EXPENDITURES AMOUNTED TO EUR 9.5 AND 35.5 MILLION IN Q3 AND FIRST NINE MONTHS OF 2017‍​.END-Q3 TOTAL NUMBER CONNECTED SIM CARDS ‍​ 5.04 MILLION VERSUS 5.92 MILLION YEAR AGO.POSTPAID NET ADDITIONS AMOUNTED TO 15 THOUSAND IN THE THIRD QUARTER OF 2017‍​.AT END OF 2 SEPT. 2017, NET FINANCIAL DEBT STOOD AT EUR 288.3 MILLION ‍​.  Full Article

Orange Belgium becomes 100 pct shareholder of A3Com and A&S Partners
Monday, 2 Oct 2017 

Oct 2 (Reuters) - ORANGE BELGIUM SA ::REG-ORANGE BELGIUM BECOMES 100% SHAREHOLDER OF BRUSSELS DISTRIBUTION PARTNERS A3COM AND A&S PARTNERS.  Full Article

Orange Belgium appoints Arnaud Castille CFO as of December 1
Monday, 26 Sep 2016 

Orange Belgium SA :Arnaud Castille has been appointed Chief Finance Officer as of December 1, 2016.  Full Article

Orange Belgium Q2 EBITDA beats Reuters poll
Wednesday, 20 Jul 2016 

Orange Belgium SA : Restated EBITDA increased by 2.0 pct year-on-year to 144.9 million euros in first half of 2016 . Organic cash flow in first half of 2016 increased 4.8 pct year-on-year, compared to first half of 2015 . Actual amount paid by telenet could however exceed this minimum amount in case of higher network usage . Revised its restated EBITDA guidance for year 2016 to between 285 and 305 million euros from between 270 and 290 million euros, both excluding cable costs . This revised guidance corresponds to reversal of provision related to Walloon Pylon Tax for year 2015. . Q2 EBITDA 91.7 million euros versus 72.5 million euros in Reuters poll . Q2 CAPEX 37.8 million euros versus 38.2 million euros in Reuters poll . Q2 revenue 299.4 million euros versus 302 million euros in Reuters poll . Q2 net profit 24.2 million euros versus 12.0 million euros in Reuters poll . In first half of 2016, Orange Belgium Group generated mobile service revenues of 504.5 million euros, a solid increase of 1.9 pct compared with same period last year . Orange Belgium and Telenet agreed upon terms and conditions for termination of full MVNO . Telenet committed to a minimum payment of 150.0 million euros (excluding VAT) over 3-year period 2016-2018 . Actual amount paid by Telenet could however exceed this minimum amount in case of higher network usage.  Full Article

CEO Jean Marc Harion leaves Orange Belgium
Monday, 4 Jul 2016 

Orange Belgium : Jean Marc Harion leaves his duties as CEO of Orange Belgium to become CEO of Orange Egypt .President of board will gather board of directors shortly to appoint a new CEO for company.  Full Article

Mobistar reiterates 2016 guidance
Friday, 22 Apr 2016 

Mobistar SA:Reiterates its guidance for the financial year 2016.Expects its 2016 mobile only capex to be reduced by about 25 percent from 193 million euros in 2015.  Full Article

Mobistar will become Orange as of May 9, 2016
Thursday, 31 Mar 2016 

Mobistar SA:Mobistar will become Orange as of May 9, 2016.  Full Article

BRIEF-Orange Belgium Q3 consolidated turnover beats Reuters poll

* Q3 ADJUSTED EBITDA EUR ‍​ 83.1 MILLION VERSUS EUR 92.2 MILLION YEAR AGO