Edition:
United States

Proximus NV (PROX.BR)

PROX.BR on Brussels Stock Exchange

28.47EUR
21 Nov 2017
Change (% chg)

-- (--)
Prev Close
€28.47
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
504,928
52-wk High
€32.97
52-wk Low
€25.36

Latest Key Developments (Source: Significant Developments)

Proximus Q3 underlying group EBITDA down 2.2% at EUR 464 million
Friday, 27 Oct 2017 01:12am EDT 

Oct 27 (Reuters) - PROXIMUS NV ::UNDERLYING GROUP EBITDA OF EUR 464 MILLION IN Q3, -2.2% ON HIGH COMPARABLE BASE‍​.INTERIM DIVIDEND OF EUR 0.50 PER SHARE TO BE PAID ON 8 DECEMBER 2017‍​.‍PROXIMUS REITERATES ITS FY 2017 OUTLOOK​.‍​EXPECTS CAPEX FOR FY TO BE AROUND EUR 1 BILLION EXCLUDING CAPITALIZATION OF FOOTBALL BROADCASTING RIGHTS.Q3 2017 DOMESTIC UNDERLYING REVENUE OF EUR 1,105 MILLION, STABLE COMPARED TO PREVIOUS YEAR.Q3 NET INCOME GROUP SHARE EUR 140 ‍​MILLION VERSUS EUR 122 MILLION IN REUTERS POLL.Q3 UNDERLYING REVENUE EUR ‍​1.11 BILLION VERSUS EUR 1.44 BILLION IN REUTERS POLL.Q3 DOMESTIC DIRECT MARGIN OF EUR 831 MILLION, 1.7% LOWER THAN PRIOR YEAR.OVER 9M PERIOD FREE CASH FLOW TOTALED EUR 480 MILLION.  Full Article

Proximus acquires exclusive broadcasting rights for Studio 100 TV
Thursday, 26 Oct 2017 10:27am EDT 

Oct 26 (Reuters) - PROXIMUS NV ::ACQUIRES EXCLUSIVE BROADCASTING RIGHTS FOR STUDIO 100 TV AS FROM JAN 1, 2018‍​.  Full Article

Proximus says edpnet signs commercial fiber-to-the-home wholesale deal with co
Wednesday, 4 Oct 2017 04:37am EDT 

Oct 4 (Reuters) - PROXIMUS NV ::EDPNET SIGNS COMMERCIAL FIBER-TO-THE-HOME WHOLESALE DEAL WITH PROXIMUS.  Full Article

Proximus acquires application development company Unbrace
Friday, 29 Sep 2017 04:45am EDT 

Sept 29 (Reuters) - Proximus NV ::ACQUIRES UNBRACE, AN APPLICATION DEVELOPMENT COMPANY.  Full Article

Proximus: ‍Q2'17 underlying group EBITDA of EUR 464 million, FY 2017 outlook confirmed
Friday, 28 Jul 2017 01:26am EDT 

July 28 (Reuters) - PROXIMUS NV : :‍Q2'17 UNDERLYING DOMESTIC REVENUE STABLE; DOMESTIC EBITDA UP +1.1% TO EUR 430 MILLION​.2017 OUTLOOK CONFIRMED.‍Q2'17 UNDERLYING GROUP EBITDA OF EUR 464 MILLION, +0.4% YEAR-ON-YEAR​.‍FOR FIRST-HALF 2017, PROXIMUS POSTS DOMESTIC UNDERLYING REVENUE GROWTH OF 1.7%, GROUP UNDERLYING EBITDA GROWTH OF 3.8% AND REITERATES ITS FULL-YEAR OUTLOOK​.‍Q2 UNIQUE TV CUSTOMERS TOTALED 1,533,000, WITH +17,000 NEW SUBSCRIPTIONS IN Q2 OF 2017 (+ 5.2% YEAR-ON-YEAR)​.‍PROXIMUS' FREE CASH FLOW FOR FIRST HALF YEAR OF 2017 TOTALED EUR 212 MILLION​.PROXIMUS’ GROUP CAPEX FOR THE YEAR 2017 IS EXPECTED TO BE AROUND EUR 1 BILLION‍​.  Full Article

Proximus wins broadcasting rights to Jupiler Pro Leage until 2020
Monday, 15 May 2017 08:47am EDT 

May 15 (Reuters) - PROXIMUS NV :REACHES AGREEMENT WITH PRO LEAGUE ON BROADCASTING RIGHTS TO JUPILER PRO LEAGUE (D1A) FOR NEXT THREE SEASONS.  Full Article

Proximus underlying group EBITDA beats Reuters poll
Friday, 5 May 2017 01:26am EDT 

May 5 (Reuters) - Proximus NV ::Q1 total income EUR 1.44 billion versus EUR 1.43 billion year ago.For the first quarter of 2017, Proximus posted domestic underlying revenue of EUR 1,111 million, a 3.2% growth from the previous year..Q1’17 underlying group EBITDA of EUR 449 million, +7.5% year-on-year.Full-Year 2017 outlook confirmed..Proximus’ fcf for the first quarter of 2017 totaled eur 173 million. This was eur 40 million more than the fcf reported for the comparable period in 2016.Expects to close the year with nearly stable domestic revenue and slightly growing group EBITDA.Q1 net income group share EUR 119 million versus EUR 112 million year ago.Announced three-year dividend commitment, proximus expects to return over 2017-2019 a stable gross dividend per share of EUR 1.50..Proximus remains well on track to deliver its EUR 150 million cost reduction ambition set for 2019..In Q1 achieved further progress in its market shares for fixed internet to 46.6% and for digital tv to 36.3%, for mobile its market share was 38.5% , -0.2pp from a year ago.In Q1 +27,000 unique tv-customers, total of 1,516,000.In Q1 +24,000 fixed internet lines, total of 1,944,000.In Q1 +44,000 mobile postpaid cards, 3,780,000 in total.In Q1 -64,000 mobile prepaid cards, 1,117,000 in total.Reuters poll: Q1 revenues underlying EUR 1.43 billion; Q1 EBITDA underlying EUR 441 million; Q1 net income EUR 123 million.  Full Article

Proximus acquires Davinsi Labs
Thursday, 4 May 2017 11:40am EDT 

May 4 (Reuters) - Proximus NV ::Acquires Davinsi Labs and strengthens its position on growing cyber security market.  Full Article

Proximus and Vodafone to renew their cooperation agreement for a period of five years
Thursday, 27 Apr 2017 02:07am EDT 

April 27 (Reuters) - Proximus NV ::Proximus and Vodafone <<>> to renew their cooperation agreement for a period of five years.Partnership aims to explore specific areas such as cars connected and mobility solutions.  Full Article

Proximus to launch ‘Fiber for Belgium' with a 3 billion euros investment plan
Wednesday, 26 Apr 2017 03:34am EDT 

April 26 (Reuters) - Proximus NV ::Proximus launches the project ‘fiber for belgium’ to bring a future-proof next generation network to its customers.Announces an investment of 3 billion euros ($3.28 billion) in the coming 10 years to accelerate the roll-out of fiber in Belgium.Proximus will cover more than 85 pct of all enterprises and more than 50 pct of all households with fiber.Expects with fiber an increase of its market share in the residential segment and to a strengthening of its position in the enterprise segment.Intends to return to its shareholders a stable dividend of 1.50 euros per share over the period 2017-2019.Estimates its annual investment level for the group over the next 3 years to be around 1 billion euros.  Full Article

BRIEF-Proximus Q3 underlying group EBITDA down 2.2% at EUR 464 million

* UNDERLYING GROUP EBITDA OF EUR 464 MILLION IN Q3, -2.2% ON HIGH COMPARABLE BASE‍​