Mobistar Q2: little underlying improvement, cable launch at risk

Friday 25 July 2014 | 14:33 CET | Author: Tim Poulus | Background
Mobistar, Orange's subsidiary in Belgium and Luxembourg, reported revenues of EUR 312 million for the second quarter. The sharp decline in revenues continued, with a 14 percent fall on an annual basis. EBITDA, excluding restructuring costs, fell 13 percent to EUR 74 million, leading to a slightly higher margin of 23.8 percent, versus 23.5 a year ago. The net profit was down 33 percent to EUR 15 million. Capex totaled EUR 56 million, leading to free cash flow (EBITDA minus capex) of EUR 17 million.

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Categories: Fixed / Mobile & Wireless
Companies: Mobistar / Orange Luxembourg
Countries: Belgium
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