The stock was down by 2.5% this morning with the release of Proximus’ new 3 year strategic plan.
EBITDA is expected to return to growth as of 2024, following a temporary decline of around 3% in 2023 when the inflation impact is expected to peak. By 2025, EBITDA is expected to return to the 2022-level. As a result, while in 2023 the dividend will be stable at €1.20, it will however be rebased to €0.6 over 2024-25.
16 Jan 2023
The market was right and we were wrong
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The market was right and we were wrong
- Published:
16 Jan 2023 -
Author:
Jean-Michel Salvador -
Pages:
3
The stock was down by 2.5% this morning with the release of Proximus’ new 3 year strategic plan.
EBITDA is expected to return to growth as of 2024, following a temporary decline of around 3% in 2023 when the inflation impact is expected to peak. By 2025, EBITDA is expected to return to the 2022-level. As a result, while in 2023 the dividend will be stable at €1.20, it will however be rebased to €0.6 over 2024-25.