Orange Belgium : Solid momentum in mobile segment continues in Q2
>Solid operating momentum offsetting the (expected) losses - Orange BE’s Q2 figures came out generally better than expected:Revenue 3.3% higher than forecast: Revenue grew by 3.1% yoy to € 313m (vs Oddo BHF: € 304m and consensus: € 303m), with this 3.1% yoy improvement attributable to higher services revenue (7.2% yoy) despite MVNO-related losses (-€ 12m) (migration of Telenet and LycaMobile clients) and roaming effects (- €9m) which should ease off in H2 .E...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.
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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