Orange Belgium Sa · EURONEXT:OBEL
Orange Belgium Sa — H1 2024 Earnings Presentation
15 slides from Orange Belgium Sa's earnings presentation, Jul 19, 2024
Slide 1: H1 2024 Financial Results
Orange Belgium 19 July 2024 H1 2024 Financial Results Orange Restricted
Slide 2: Disclaimer
Disclaimer This presentation might contain forward-looking statements about Orange Belgium in particular for 2024. 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: Nethys became shareholder of Orange Belgium
Nethys became shareholder of Orange Belgium BEFORE Group AFTER Group Other Other share- share- holders holders 11.1% Belgium 21.7% 78.3% 69.6% 19.3% Belgium 25% 75% +1 share -1 share 100% 4 Orange Restricted
Slide 5: Orange Belgium takes the lead as nationwide gigabit network provider
Orange Belgium takes the lead as nationwide gigabit network provider Belgium among the leading 1 Gbps countries in Europe thanks to Orange A technology path towards 10 Gbps for all customers 5 Orange Restricted
Slide 6: Lead the Future: 2024 on track to deliver our strategy
Lead the Future_: 2024 on track to deliver our strategy We care for people: a Our future is defined by a Our future is defined by an resilient, modern and Customer Experience outstanding multi-gigabit responsible company with Excellence, managing a networks’ leadership strong human and ESG multisegm
Slide 7: Section two: Commercial and Financial Results
Section Commercial two and Financial Results 7 Orange Restricted
Slide 8: H1 2024 Key achievements
H1 2024 Key achievements Revenues Commercial Financial Belgium Cable €977.6m Belgium +2.5% yoy1 customers EBITDAaL Mobile contracts excl. M2M 1.00m €252.9m +4.5%yoy1 +13.9% yoy1 3.39m Belgium eCapex +4.5%yoy1 (excluding licence Net adds fees) Belgium Cable customers €180.1m Net adds +7.2% yoy1 Mobil
Slide 9: Cable and Mobile Postpaid customer base and net adds
Cable and Mobile Postpaid customer base and net adds VOO figures included as of H2 2023 Cable customers in thousands Postpaid mobile customers in thousands 38 39 71 74 61 30 29 26 26 46 22 21 41 36 39 18 33 16 987 1.004 3.320 3.393 2.775 2.811 2.850 2.681 2.743 2.594 2.641 443 464 394 417 366 326 28
Slide 10: H1 revenues growing by 2.5% yoy on comparable basis
H1 revenues growing by 2.5% yoy on comparable basis* Comparable Revenues evolution (€ m) +2.5% +25.0 Visitor roaming +977.6 other WHS -6.6 +5.6 MVNO +31.7 Convergent service revenues Voice / SMS Convergent service Mobile service +953.6 revenues Mobile only service -5.6 Fixed & IT service -1.2 Fixed
Slide 11: H1 EBITDAaL increase by 13.9% on a comparable basis
H1 EBITDAaL increase by 13.9% on a comparable basis* Comparable EBITDAaL evolution (€ m) +13.9% +24.0 +252.9 +0.2 +0.9 +5.9 Retail +27.5 service Equipment +221.9 +5.5 and other -9.0 Wholesale H1 2023 Revenues Direct Labor Indirect H1 2024 costs costs costs 11 *Comparable base includes VOO Orange Res
Slide 12: eCapex increasing by 7.2% yoy on a comparable basis
eCapex increasing by 7.2% yoy on a comparable basis* Comparable eCapex evolution(€ m) excluding spectrum fees +7,2% 180 168 109 H1 2023 Reported H1 2023 Comparable H1 2024 12 *H1 Reported includes 1months VOO Orange Restricted *Comparable base includes 6 months VOO
Slide 13: Section three: 2024 Guidance
Section 2024 three Guidance 13 Orange Restricted
Slide 14: 2024 guidance
2024 guidance 2024 Guidance Old New EBITDAaL €515m - €535m Slightly exceed €535m eCapex* €365-385m €365-385m * Excludes payment of licence fees 14 Orange Restricted
Slide 15: Section four: Q&A
Section four Q&A 15 Orange Restricted