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Orange Belgium Achieves Strong Growth and Integration Success in 2024

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Orange Belgium Achieves Strong Growth and Integration Success in 2024

An announcement from ORANGE BELGIUM ( (GB:0FBS) ) is now available.

Orange Belgium reported strong commercial performance and financial growth in 2024, driven by the successful integration of VOO and new portfolio offerings. The company achieved a 10.1% increase in EBITDAaL, aided by synergies from the VOO acquisition and strategic investments in technology, including 5G and network upgrades. Despite a 1.7% revenue growth, no dividend will be declared for 2024 as funds are reserved for future investments, underscoring Orange Belgium’s focus on maintaining a competitive edge and sustainable growth.

More about ORANGE BELGIUM

Orange Belgium is a telecommunications company offering mobile, cable, and internet services. It focuses on delivering innovative telecom solutions in the Belgian market, with a commitment to digital inclusion and carbon-neutral operations.

YTD Price Performance: 5.99%

Average Trading Volume: 275

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €1B

For an in-depth examination of 0FBS stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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