Proximus PLC (BGAOF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Proximus Q1 results 2026. My name is Laura and I will be your coordinator for today's event. Please note this conference is being recorded and for the duration of the call, your lines will be on listen only. However, you will have the opportunity to ask questions at the end of the presentation. This can be done by pressing pound key five on your telephone keypad I will now hand you over to your host, Nancy Goussins, Investor Relations lead to begin today's conference. Thank you. Thank you, Laura. And so welcome from my side as well to the Proximus Q1 results webcast. We will start with a brief presentation followed by a Q and A session. Joining me today are the CEO, Stephen Baynens the Interim CFO, Nicolas Garthners the Global CEO, Sashkin Arikam and Jim Castive, the head of B2C and AI. So let's begin today with today's highlights and over to Stan. Also welcome from my side to our presentation of the twenty twenty six first quarter results. As you have seen in our published report this morning, Proximus had a good start of the year and I will take you through the main points, starting with our key financials. I will keep it short as Nicolas will take you through in a bit more detail later on. So starting from the left on the slide, for the domestic segment we closed the first quarter with stable services revenues despite the intense competition and lower revenue from sports content. As a result of lower OpEx, the domestic EBITDA grew by 1.9% for the first quarter. For the global segment we managed to stabilize direct margin for the third quarter in a row while year on year comparison remained still tough for the first quarter. Overall this resulted in an EBITDA for global of $33,000,000 pretty much in line with what we anticipated. The lower ...