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General

Orange Belgium lifts revenues 5% in Q4, reduces cable losses to EUR 1.5 mln

Wednesday 13 February 2019 | 10:07 CET | News

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Orange Belgium said revenues in the fourth quarter advanced 5.1 percent from the year before to EUR 342 million. Retail services, the company's largest segment, achieved the highest growth with 9.8 percent, pushed especially by the convergent services segment, which jumped 95 percent. The adjusted EBITDA lifted 11 percent to EUR 77.4 million on the back of higher sales as well as cost savings. The EBITDA loss at the company's cable operations went to EUR 1.5 million, from a loss the year before of EUR 3.5 million, partly thanks to lower wholesale costs.

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Categories: General
Companies: Orange Belgium
Countries: Belgium
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