New Street Research - Digi Communications NV (DIGI) Digi (Equal Weight) Q3 24: Capex up; Belgium/Portugal updates (not good for incumbents)

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New Street Research

Russell Waller

EUR 9547.00 For Business Accounts Only

Digi (Equal Weight) Q3 24: Capex up; Belgium/Portugal updates (not good for incumbents)

Digi has reported a good set of Q2 numbers vs expectations, with EBITDAaL +11% ahead of consensus. 2024 capex guidance has though been lifted for the third quarter in a row, and new guidance for 2025 is well ahead of our model.

14/11/2024 1 EN

Underlying

Digi Communications NV

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NL0012294474 Bucharest Stock Exchange Romania

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Pan European Telecom Services and Cable

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Analysts

Russell Waller

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WOOD Daily: 11B PW; SFG RO; AEGN GA; ELPE GA; HTO GA; SNG RO; MTELEKOM HB; DIGI RO; TEN PW; VRC PW; MBR PW; DAT PW; ETEL EY; PPC GA; CCC PW

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