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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.