Proximus Raises FY Guidance
Oct 25 (Reuters) -Proximus NV PROX.BR:
PROXIMUS GROUP FINANCIAL RESULTS - Q3 2024
Q3'24 UNDERLYING REVENUE +0.2% YOY PRO FORMA
Q3 INTERNATIONAL EBITDA +4.2% PRO FORMA
BOARD OF DIRECTORS APPROVED INTERIM DIVIDEND OF EUR 0.50 PER SHARE, PAYABLE ON 6 DECEMBER 2024
FURTHER UPGRADING FY'24 GUIDANCE
CAPEX AT EUR 874 MILLION YTD
Q3 DOMESTIC UNDERLYING REVENUE WAS UP BY +1.5% TO EUR 1,191 MILLION
SIGNED AN AGREEMENT WITH BELGIUM-BASED DATACENTER UNITED FOR SALE OF OUR DATACENTER BUSINESS
Q3 DOMESTIC EBITDA TOTALLED EUR 429 MILLION
DATACENTER UNITED TRANSACTION WILL BRING CLOSE TO EUR 130 MILLION OF PROCEEDS
Q3 GROUP UNDERLYING REVENUE TOTALED EUR 1,638 MILLION
Q3 GROUP ADJUSTED FCF WAS EUR 161 MILLION
FOR DOMESTIC SEGMENT BOTH REVENUE AND EBITDA ARE EXPECTED TO GROW UP TO 3% IN 2024
FOR PROXIMUS GROUP, EBITDA IS EXPECTED TO GROW UP TO 3% ON PRO FORMA BASIS IN 2024
ESTIMATED GROUP CAPEX REMAINS UNCHANGED
Q3 NET PROFIT EUR 185 MILLION
NET DEBT / EBITDA RATIO FOR 2024 IS EXPECTED TO BE AROUND 3.1X
Source text: https://tinyurl.com/73krs7rr
Further company coverage: PROX.BR
(Gdansk Newsroom)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
