Proximus’ Q1 was globally in line with expectations.
The key point is that Proximus has been lagging behind in the deployment of fibre compared to its peers and has to invest. So the group has not yet left the inn and should not immediately increase its dividends.
In our view, even if there is quite a solid upside in the long term for the stock there are few catalysts in the short term for the price to take off.

30 Apr 2021
Solid upside in the long term but few catalysts in the short term

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Solid upside in the long term but few catalysts in the short term
- Published:
30 Apr 2021 -
Author:
Jean-Michel Salvador -
Pages:
3 -
Proximus’ Q1 was globally in line with expectations.
The key point is that Proximus has been lagging behind in the deployment of fibre compared to its peers and has to invest. So the group has not yet left the inn and should not immediately increase its dividends.
In our view, even if there is quite a solid upside in the long term for the stock there are few catalysts in the short term for the price to take off.