Orange Belgium Sa · EURONEXT:OBEL
Orange Belgium Sa — H1 2025 Earnings Presentation
13 slides from Orange Belgium Sa's earnings presentation, Jul 24, 2025
Slide 1: H1 2025 Financial Results
Orange Belgium 24 July 2025 H1 2025 Financial Results Orange Restricted
Slide 2: Disclaimer
Disclaimer This presentation might contain forward-looking statements about Orange Belgium in particular for 2025. Although we believe these statements are based on reasonable assumptions, they are subject to numerous risks and uncertainties, including matters not yet known to us or not currently co
Slide 3: Section one: Lead the Future
Section Lead the one Future 3 Orange Restricted
Slide 4: Lead the Future: 2025 on track to deliver our strategy
Lead the Future_: 2025 on track to deliver our strategy Leadership Through Core Excellence in Operations Durability of Enterprise Assets Customer Obsession by Model Technology, Brands and Design We care for People Value Propositions RAN sharing >75% implemented Orange unifies it sales front for Achi
Slide 5: Section two: Commercial and Financial Results
Section Commercial two and Financial Results 5 Orange Restricted
Slide 6: H1 2025 Key achievements
H1 2025 Key achievements Revenues Commercial Financial Belgium Cable €962.7m Belgium -1.5% yoy customers EBITDAaL Mobile contracts excl. M2M 1.03m €264.8m +3.0%yoy +4.7% yoy 3.52m Belgium eCapex +3.6%yoy (excluding licence Net adds fees) Belgium Cable customers €184.0m Net adds +2.2% yoy Mobile cont
Slide 7: Cable and Mobile Postpaid customer base and net adds
Cable and Mobile Postpaid customer base and net adds Cable customers in thousands Postpaid mobile customers in thousands 39 71 74 74 61 29 26 26 48 22 21 41 36 39 18 17 33 13 1.021 1.034 3.467 3.515 987 1.004 3.393 3.320 2.775 2.811 2.850 2.681 2.743 443 464 394 416 365 H1 2021 H2 2021 H1 2022 H2 20
Slide 8: H1 revenues decreased by 1.5% yoy
H1 revenues decreased by 1.5% yoy Revenues evolution (€ m) -1,5% Convergent +9,2 service 977,6 Fixed & +0,6 IT service Mobile only service -17,9 -7,1 962,7 +0,4 -8,1 H1 2024 Retail service revenues Wholesale Equipment sales H1 2025 revenues + Other revenues 8 Orange Restricted
Slide 9: H1 EBITDAaL increased by 4.7%
H1 EBITDAaL increased by 4.7% EBITDAaL evolution (€ m) +4,7% 264,8 +4,7 -2,4 +9,6 252,9 H1 2024 Gross Margin Labor Indirect H1 2025 costs costs 9 Orange Restricted
Slide 10: H1 2025 eCapex increasing by 2.2% yoy
H1 2025 eCapex increasing by 2.2% yoy eCapex evolution(€ m) excluding licence fees +2.2% 180 184 H1 2024 H1 2025 10 Orange Restricted
Slide 11: Section three: 2025 Guidance
Section 2025 three Guidance 11 Orange Restricted
Slide 12: 2025 guidance confirmed
2025 guidance confirmed 2025 Guidance EBITDAaL €545 - €565m eCapex* €365 - €385m * Excludes payment of licence fees 12 Orange Restricted
Slide 13: Section four: Q&A
Section four Q&A 13 Orange Restricted