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Orange Belgium : Good gains in mobiles, return to growth, aggressive guidance

>A big quarter for net adds, return to growth, aggressive guidance - Orange BE reported decent Q3 figures at the upper end of the forecast range:revenues 2.8% higher than expected, up +5.1% (+1.2% in Q3, +3.1% in Q2) to € 342.2m (vs Oddo BHF: € 330m and consensus: € 332.7m), thanks to growth in retail revenues (+9.8% vs +10.1% in Q2) and reflecting the fact that MVNO revenues stopped declining in Q4. The total impact over the full year was therefore € 28m. Orange...
Underlying
Orange Belgium SA

Orange Belgium is a telecommunications operator in Belgium. Co. provides a range of products and services to the residential and business markets, including mobile telephony, fixed telephony, fix data, Asymmetric Digital Subscriber Line. Co.'s Belgium segment is divided into two operating units: Mobile as well as Fix voice data. Co.'s Mobile operating unit provides mobile phone equipment and services to residential and corporate customers, while Co.'s Fix voice and data operating unit provides fix voice, data and internet services to residential and corporate customers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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