Orange Belgium : Strong H1 results and raising its FY outlook
>Strong operational momentum has continued - Orange Belgium released very strong half-year results, despite the fact the Belgian telecom market experienced intensified competition in both mobile and broadband. The company saw its mobile postpaid customer base increase by 74k in H1, up 4.5%. Its cable customer base grew 18k, also up 4.5%, and its current client base exceeds 1 million. Total revenues were up 2.5% at € 977.6m, below Bloomberg consensus of € 1,070m (the c...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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