Financial information for the first semester 2025

Xavier Pichon, Chief Executive Officer, commented:

Our first half-year performance reflects the resilience and agility of Orange Belgium amidst a challenging competitive market environment. Despite this, our performance was supported by strong net adds, particularly in the B2C segment driven by the success of our mobile portfolio and targeted promotional campaigns.

On the B2B side we are leveraging the collective expertise of our different Orange entities present in Belgium to provide a unique unified go-to-market approach for SMEs, multinational corporations, and public organizations—another milestone in our ‘Lead the Future’ strategy.

As part of our ‘Lead the Future’ strategy, we continue to invest in our fixed network, reinforcing our leadership position through the modernization of our infrastructure. Our deployment of next-generation technologies and collaborations with industry leaders, ensures we are well-positioned to meet future connectivity demands and deliver high-capacity broadband solutions.

Antoine Chouc, Chief Financial Officer, stated:

We posted robust EBITDAaL growth for the first half of the year, driven by higher-than-expected synergies following the acquisition of VOO and the successful execution of our transformation initiatives as part of our 'Lead the Future' strategy.

The slight increase in eCAPEX is aligned with the implementation of our RAN-sharing program, that brings significant benefits, and the modernisation of our fixed network.

Given this solid H1 and an expected better revenue trend in H2, we expect to be within the higher range of our EBITDAaL guidance between €545m and €565m for 2025. We remain committed to maintaining disciplined capital expenditure and leveraging operational efficiencies.

OBEL H1 2025 EN.pdf

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Koen Van Mol

Investor Relations, Orange Belgium

Sven Adams

Senior Press Relations Officer, Orange Belgium

 

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About Orange Belgium

 

Orange Belgium is one of the major telecommunication operators on the Belgian market, with revenues of 1993.7 million euros, 3.5 million mobile customers and more than 1 million fixed broadband customers on 31 December 2024, and in Luxembourg, via its subsidiary Orange Communications Luxembourg. Thanks to its own fixed and mobile networks, Orange Belgium offers both residential and business customers fixed and mobile connectivity services and convergent offerings (internet, telephony, television, including original TV content: Be tv, VOOsport, etc.). As a responsible operator, Orange Belgium invests to reduce its ecological footprint and promote sustainable and inclusive digital practices. Orange Belgium is also a wholesale operator, offering its partners access to its infrastructure as well as a broad portfolio of connectivity and mobility services, including offerings based on Big Data and the Internet of Things (IoT).

Orange Belgium is a subsidiary of the Orange Group, present in 26 countries with a total customer base of 291 million customers worldwide on 31 December 2024. Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business.

Orange Belgium is listed on the Brussels Stock Exchange (OBEL).

For more information on the internet and on your mobile: corporate.orange.be, www.orange.be or follow us on X: @pressOrangeBe

Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.

Press contact
Sven Adams – sven.adams@orange.com +32 (0)486 36 47 22
press@orange.be

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press@orange.be

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