Reported Earnings • May 14
First quarter 2026 earnings released: EPS: €0.38 (vs €0.43 in 1Q 2025) First quarter 2026 results: EPS: €0.38 (down from €0.43 in 1Q 2025). Revenue: €1.53b (down 6.2% from 1Q 2025). Net income: €124.0m (down 10% from 1Q 2025). Profit margin: 8.1% (down from 8.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Apr 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Minor Risks High level of debt (88% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: €1.23 (vs €1.39 in FY 2024) Full year 2025 results: EPS: €1.23 (down from €1.39 in FY 2024). Revenue: €6.25b (down 2.0% from FY 2024). Net income: €398.0m (down 11% from FY 2024). Profit margin: 6.4% (down from 7.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Mar 16
Proximus PLC, Annual General Meeting, Apr 15, 2026 Proximus PLC, Annual General Meeting, Apr 15, 2026, at 10:00 Romance Standard Time. Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: €1.23 (vs €1.39 in FY 2024) Full year 2025 results: EPS: €1.23 (down from €1.39 in FY 2024). Revenue: €6.62b (up 3.8% from FY 2024). Net income: €398.0m (down 11% from FY 2024). Profit margin: 6.0% (down from 7.0% in FY 2024). Revenue is forecast to stay flat during the next 3 years compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Feb 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 4.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (4.2% average weekly change). Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks High level of debt (87% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €7.09, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 18x in the Telecom industry in Europe. Total returns to shareholders of 7.5% over the past three years. Reported Earnings • Jul 28
Second quarter 2025 earnings released: EPS: €0.54 (vs €0.28 in 2Q 2024) Second quarter 2025 results: EPS: €0.54 (up from €0.28 in 2Q 2024). Revenue: €1.53b (down 3.6% from 2Q 2024). Net income: €175.0m (up 94% from 2Q 2024). Profit margin: 11% (up from 5.7% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Ankündigung • Jun 13
EasyPark AB reached a binding agreement to acquire 92.70% stake in Be-Mobile nv from Proximus PLC (ENXTBR:PROX) for an enterprise value of €170 million. EasyPark AB reached a binding agreement to acquire 92.70% stake in Be-Mobile nv from Proximus PLC (ENXTBR:PROX) for an enterprise value of €170 million on June 13, 2025. The acquisition will reinforce its parking services portfolio and will further strengthen its presence in Belgium and the Netherlands. The agreement with Arrive will be filed to the Belgian screening authority for Foreign Direct Investment (ISC). The transaction is subject to customary regulatory clearance, with closing expected in the second half of 2025. Buy Or Sell Opportunity • May 12
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to €6.83. The fair value is estimated to be €5.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 1.2% per annum. Earnings are forecast to decline by 9.2% per annum over the same time period. Ankündigung • Apr 04
Nextensa NV/SA (ENXTBR:NEXTA) signed an agreement to acquire Two office Towers of Proximus PLC from Proximus PLC (ENXTBR:PROX) for €62.5 million. Nextensa NV/SA (ENXTBR:NEXTA) signed an agreement to acquire Two office Towers of Proximus PLC from Proximus PLC (ENXTBR:PROX) for €62.5 million on April 2, 2025. A cash consideration of €62.5 million will be paid by Nextensa NV/SA. As part of consideration, €62.5 million is paid towards assets of Two office Towers of Proximus PLC. Reported Earnings • Mar 16
Full year 2024 earnings released: EPS: €1.39 (vs €1.11 in FY 2023) Full year 2024 results: EPS: €1.39 (up from €1.11 in FY 2023). Revenue: €6.38b (up 6.4% from FY 2023). Net income: €447.0m (up 25% from FY 2023). Profit margin: 7.0% (up from 6.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Ankündigung • Mar 03
Proximus PLC, Annual General Meeting, Apr 16, 2025 Proximus PLC, Annual General Meeting, Apr 16, 2025. New Risk • Feb 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.8% average weekly change). Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks High level of debt (122% net debt to equity). Dividend is not well covered by cash flows (199% cash payout ratio). Ankündigung • Jan 21
Proximus PLC to Report Q4, 2024 Results on Feb 28, 2025 Proximus PLC announced that they will report Q4, 2024 results on Feb 28, 2025 New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks High level of debt (122% net debt to equity). Dividend is not well covered by cash flows (199% cash payout ratio). Share price has been volatile over the past 3 months (4.9% average weekly change). Ankündigung • Nov 22
InfraRed European Infrastructure Income Fund IV managed by InfraRed Capital Partners Limited signed a binding agreement to acquire Proximus Luxembourg SA from Proximus PLC (ENXTBR:PROX) for approximately €110 million. InfraRed European Infrastructure Income Fund IV managed by InfraRed Capital Partners Limited signed a binding agreement to acquire Proximus Luxembourg SA from Proximus PLC (ENXTBR:PROX) for approximately €110 million on November 22, 2024. The closing of this transaction is subject to regulatory approvals and is expected to occur in the first quarter of 2025. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: €0.56 (vs €0.24 in 3Q 2023) Third quarter 2024 results: EPS: €0.56 (up from €0.24 in 3Q 2023). Revenue: €1.75b (up 15% from 3Q 2023). Net income: €182.0m (up 130% from 3Q 2023). Profit margin: 10% (up from 5.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jul 29
Second quarter 2024 earnings released: EPS: €0.28 (vs €0.29 in 2Q 2023) Second quarter 2024 results: EPS: €0.28 (down from €0.29 in 2Q 2023). Revenue: €1.60b (up 7.9% from 2Q 2023). Net income: €90.0m (down 4.3% from 2Q 2023). Profit margin: 5.6% (down from 6.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. New Risk • Jul 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 267% Earnings are forecast to decline by an average of 3.2% per year for the foreseeable future. Minor Risks High level of debt (98% net debt to equity). Share price has been volatile over the past 3 months (4.4% average weekly change). Ankündigung • May 01
Proximus PLC to Report Q3, 2024 Results on Oct 25, 2024 Proximus PLC announced that they will report Q3, 2024 results on Oct 25, 2024 Ankündigung • Apr 30
Proximus PLC to Report Q2, 2024 Results on Jul 26, 2024 Proximus PLC announced that they will report Q2, 2024 results on Jul 26, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: €0.31 (vs €0.29 in 1Q 2023) First quarter 2024 results: EPS: €0.31 (up from €0.29 in 1Q 2023). Revenue: €1.50b (up 2.0% from 1Q 2023). Net income: €101.0m (up 6.3% from 1Q 2023). Profit margin: 6.7% (up from 6.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 232% Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risks High level of debt (97% net debt to equity). Share price has been volatile over the past 3 months (4.3% average weekly change). New Risk • Mar 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 232% Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk High level of debt (97% net debt to equity). Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: €1.11 (vs €1.40 in FY 2022) Full year 2023 results: EPS: €1.11 (down from €1.40 in FY 2022). Revenue: €6.05b (up 3.3% from FY 2022). Net income: €357.0m (down 21% from FY 2022). Profit margin: 5.9% (down from 7.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Ankündigung • Feb 23
Proximus PLC to Report Fiscal Year 2023 Results on Feb 23, 2024 Proximus PLC announced that they will report fiscal year 2023 results on Feb 23, 2024 Buying Opportunity • Dec 07
Now 20% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be €10.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 9.3%. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is forecast to decline by 2.4% per annum over the same time period. Upcoming Dividend • Nov 29
Upcoming dividend of €0.35 per share at 14% yield Eligible shareholders must have bought the stock before 06 December 2023. Payment date: 08 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 14%. Within top quartile of Austrian dividend payers (5.4%). Higher than average of industry peers (4.2%). Ankündigung • Nov 08
Citymesh NV acquired Edpnet NV from Proximus PLC (ENXTBR:PROX). Citymesh NV acquired Edpnet NV from Proximus PLC (ENXTBR:PROX) on November 6, 2023. The headquarters of edpnet will remain in Sint-Niklaas, and the entire team will become an integral part of the Citymesh. Belgian Competition Authority approved the transaction. Citymesh NV completed the acquisition of Edpnet NV from Proximus PLC (ENXTBR:PROX) on November 6, 2023. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: €0.24 (vs €0.39 in 3Q 2022) Third quarter 2023 results: EPS: €0.24 (down from €0.39 in 3Q 2022). Revenue: €1.52b (up 1.6% from 3Q 2022). Net income: €79.0m (down 37% from 3Q 2022). Profit margin: 5.2% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: €0.24 (vs €0.39 in 3Q 2022) Third quarter 2023 results: EPS: €0.24 (down from €0.39 in 3Q 2022). Revenue: €1.53b (up 2.3% from 3Q 2022). Net income: €79.0m (down 37% from 3Q 2022). Profit margin: 5.2% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Ankündigung • Sep 18
Proximus PLC(ENXTBR:PROX) dropped from FTSE All-World Index (USD) Proximus PLC(ENXTBR:PROX) dropped from FTSE All-World Index (USD) Ankündigung • Sep 07
Proximus PLC to Report Q3, 2023 Results on Oct 27, 2023 Proximus PLC announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: €0.29 (vs €0.38 in 2Q 2022) Second quarter 2023 results: EPS: €0.29 (down from €0.38 in 2Q 2022). Revenue: €1.50b (up 4.8% from 2Q 2022). Net income: €94.0m (down 23% from 2Q 2022). Profit margin: 6.3% (down from 8.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Ankündigung • Jun 29
Proximus PLC to Report Q2, 2023 Results on Jul 28, 2023 Proximus PLC announced that they will report Q2, 2023 results on Jul 28, 2023 Reported Earnings • Apr 20
Full year 2022 earnings released: EPS: €1.40 (vs €1.37 in FY 2021) Full year 2022 results: EPS: €1.40 (up from €1.37 in FY 2021). Net income: €450.0m (up 1.6% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 19
Upcoming dividend of €0.49 per share at 14% yield Eligible shareholders must have bought the stock before 26 April 2023. Payment date: 28 April 2023. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 14%. Within top quartile of Austrian dividend payers (5.5%). Higher than average of industry peers (4.1%). Reported Earnings • Feb 20
Full year 2022 earnings released: EPS: €1.40 (vs €1.37 in FY 2021) Full year 2022 results: EPS: €1.40 (up from €1.37 in FY 2021). Revenue: €5.85b (up 5.7% from FY 2021). Net income: €450.0m (up 1.6% from FY 2021). Profit margin: 7.7% (down from 8.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Ankündigung • Feb 18
Proximus PLC Proposes Dividend for the Year 2022 Proximus PLC's Board of Directors approved to propose to the Annual General Shareholders' Meeting to return a gross dividend of EUR 1.2 per share over the result of 2022. Ankündigung • Jan 19
Proximus PLC to Report Q4, 2022 Results on Feb 17, 2023 Proximus PLC announced that they will report Q4, 2022 results on Feb 17, 2023 Upcoming Dividend • Nov 30
Upcoming dividend of €0.35 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 09 December 2022. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 12%. Within top quartile of Austrian dividend payers (5.3%). Higher than average of industry peers (4.6%). Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: €0.39 (vs €0.36 in 3Q 2021) Third quarter 2022 results: EPS: €0.39 (up from €0.36 in 3Q 2021). Revenue: €1.51b (up 8.6% from 3Q 2021). Net income: €126.0m (up 8.6% from 3Q 2021). Profit margin: 8.3% (in line with 3Q 2021). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Ankündigung • Oct 11
Proximus PLC to Report Q3, 2022 Results on Oct 28, 2022 Proximus PLC announced that they will report Q3, 2022 results on Oct 28, 2022 Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: €0.38 (vs €0.37 in 2Q 2021) Second quarter 2022 results: EPS: €0.38 (up from €0.37 in 2Q 2021). Revenue: €1.44b (up 5.7% from 2Q 2021). Net income: €122.0m (up 3.4% from 2Q 2021). Profit margin: 8.5% (down from 8.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Ankündigung • Jul 12
Proximus PLC to Report Q2, 2022 Results on Jul 29, 2022 Proximus PLC announced that they will report Q2, 2022 results on Jul 29, 2022 Reported Earnings • May 01
First quarter 2022 earnings released: EPS: €0.37 (vs €0.38 in 1Q 2021) First quarter 2022 results: EPS: €0.37 (down from €0.38 in 1Q 2021). Revenue: €1.40b (up 3.5% from 1Q 2021). Net income: €120.0m (down 1.6% from 1Q 2021). Profit margin: 8.5% (down from 9.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 4.6% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Ankündigung • Mar 31
Proximus PLC to Report Q1, 2022 Results on Apr 29, 2022 Proximus PLC announced that they will report Q1, 2022 results on Apr 29, 2022 Reported Earnings • Feb 19
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €1.37 (down from €1.75 in FY 2020). Revenue: €5.58b (up 2.5% from FY 2020). Net income: €443.0m (down 22% from FY 2020). Profit margin: 7.9% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to stay flat compared to a 4.2% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Dec 01
Upcoming dividend of €0.35 per share Eligible shareholders must have bought the stock before 08 December 2021. Payment date: 10 December 2021. Trailing yield: 7.5%. Within top quartile of Austrian dividend payers (3.7%). Higher than average of industry peers (4.2%). Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS €0.37 (vs €0.45 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €1.37b (up 3.7% from 2Q 2020). Net income: €118.0m (down 19% from 2Q 2020). Profit margin: 8.6% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Ankündigung • May 27
Nokia and Proximus Deploy World's Fast Live Fiber Network Nokia and Proximus turned on the world's fastest fiber access network at a media event in Antwerp attended by the Belgian Minister of Telecommunications, the Mayor of Antwerp and executives and engineers from the two companies. Operating over existing fiber and Nokia equipment deployed in the Proximus network, the first ever 25G PON live network connects the Havenhuis building in the Port of Antwerp with the Proximus central office in the middle of the city. The network speed exceeded 20 Gigabits per second making it the fastest fiber network in the world. Proximus is the leading provider of fixed broadband networks in Belgium with 45.9% market share. The operator is accelerating the move to fiber, adding 10% coverage each year and is on target to reach at least 70% of homes and business by 2028. As part of its inspire 2022 vision, its c creating a high capacity open network which will be available to all operato, eliminating the need for fibiber overbuild. Reported Earnings • May 03
First quarter 2021 earnings released: EPS €0.38 (vs €0.47 in 1Q 2020) The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €1.37b (flat on 1Q 2020). Net income: €122.0m (down 20% from 1Q 2020). Profit margin: 8.9% (down from 11% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Apr 24
Upcoming dividend of €0.49 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 30 April 2021. Trailing yield: 6.6%. Within top quartile of Austrian dividend payers (3.2%). Higher than average of industry peers (4.6%). Reported Earnings • Mar 20
Full year 2020 earnings released: EPS €1.75 (vs €1.16 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €5.44b (down 3.5% from FY 2019). Net income: €564.0m (up 51% from FY 2019). Profit margin: 10% (up from 6.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • Mar 02
Full year 2020 earnings released: EPS €1.75 (vs €1.16 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €5.48b (down 2.8% from FY 2019). Net income: €564.0m (up 51% from FY 2019). Profit margin: 10% (up from 6.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue misses expectations Revenue missed analyst estimates by 0.7%. Over the next year, revenue is forecast to stay flat compared to a 6.0% growth forecast for the Telecom industry in Austria. Is New 90 Day High Low • Feb 25
New 90-day high: €18.34 The company is up 4.0% from its price of €17.58 on 26 November 2020. The Austrian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.08 per share. Ankündigung • Feb 10
Proximus PLC (ENXTBR:PROX) signed an agreement to acquire remaining 42.4% stake in Belgacom International Carrier Services SA from Swisscom AG (SWX:SCMN) and MTN Group Limited (JSE:MTN) for approximately €220 million. Proximus PLC (ENXTBR:PROX) signed an agreement to acquire remaining 42.4% stake in Belgacom International Carrier Services SA from Swisscom AG (SWX:SCMN) and MTN Group Limited (JSE:MTN) for approximately €220 million on February 9, 2021. The consideration shall be paid in cash to acquire 22.4% stake from Swisscom AG and 20% stake from MTN Group Limited. MTN and Swisscom will remain important commercial partners of BICS. The transaction will be financed from Proximus existing €700 million credit facilities. In 2020 BICS realized an EBITDA of €131 million. The enterprise value of the transaction amounts to €569 million. This implies a 4.4x EBITDA multiple. The transaction is subjected to customary closing conditions. The transaction will be FCF accretive for Proximus as of year one (transaction FCF yield of 11% vs. Proximus trading at a 2019 FCF yield of 6%). Perella Weinberg Partners and Linklaters LLP acted as a financial and legal advisor to Proximus respectively. Ankündigung • Dec 15
Proximus PLC (ENXTBR:PROX) entered into an agreement to acquire Mobile Vikings from DPG Media B.V. for €130 million. Proximus PLC (ENXTBR:PROX) entered into an agreement to acquire Mobile Vikings from DPG Media B.V. for €130 million on December 14, 2020. As a part of the transaction, Mobile Vikings will continue to operate as a separate entity within the Proximus Group. Proximus will preserve the essential brand identity of Mobile Vikings, which will continue to offer its products and services under the same conditions and name. The transaction does not impact the Mobile Vikings' workforce. The transaction is subject to approval from Belgian Competition Authority. The transaction is expected to be completed in 2021. The first synergies are expected to be implemented in the first half of 2022. Upcoming Dividend • Dec 02
Upcoming Dividend of €0.35 Per Share Will be paid on the 11th of December to those who are registered shareholders by the 9th of December. The trailing yield of 8.6% is in the top quartile of Austrian dividend payers (4.3%), and it is higher than industry peers (4.5%). Ankündigung • Nov 27
EQT Infrastructure and Proximus Forms Partnership to Bring Fiber to 1.5 Million Households in the Flemish Region of Belgium EQT Infrastructure and Proximus sign joint venture agreement to build a fiber-to-the-home network for at least 1.5 million households and businesses in the Flemish Region of Belgium. EQT Infrastructure and Proximus are committed to invest significantly into the increased digitalization of the Belgian society. The JV will benefit from EQT Infrastructure's vast fiber roll-out experience and Proximus' unrivalled expertise in the Belgian telecom market, and together the parties aim at realizing a substantial increase of the fiber coverage in Flanders. The EQT Infrastructure V fund and Proximus, Belgium's largest telecom operator, are pleased to announce the signing of a partnership agreement. As part of this agreement, the two parties will form a new joint venture (JV) that will design, build and maintain a fiber-to-the-home (FTTH) network in Flanders. EQT Infrastructure will initially own 50.1 percent of the JV and Proximus will hold 49.9 percent. EQT Infrastructure and Proximus have identified large opportunities in accelerating the build-out pace of the FTTH network in the Flemish Region of Belgium. FTTH is the fastest and most reliable broadband solution available and is instrumental in managing the increasingly growing internet bandwidth demands of the future. EQT and Proximus are committed to invest significantly into the JV over the coming years with the ambition to bring the required fiber connectivity to Flanders so that its residents and businesses can actively participate in the Gigabit Society. The JV will benefit from the combination of EQT Infrastructure's vast experience from developing strong fiber companies in Europe and North America, and Proximus' unrivalled expertise in the Belgian telecom market and long-standing relationships with municipalities and housing associations. Together, the parties will create an efficient rollout machine to build a fiber network, which will be open and accessible to all operators. The JV intends to connect its first customers during 2021 and the overall goal is to bring fiber connectivity to at least 1.5 million households and businesses over the coming years. The JV will be supported by a strong board of directors with hands-on experience from fiber deployment in Belgium and other European markets. The closing of the transaction is expected in First Quarter 2021, subject to customary regulatory approvals. With this transaction, EQT Infrastructure V is expected to be 15-20 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication) based on its target fund size, and subject to customary regulatory approvals. Ankündigung • Nov 23
Proximus PLC to Report Q1, 2021 Results on Apr 30, 2021 Proximus PLC announced that they will report Q1, 2021 results on Apr 30, 2021 Is New 90 Day High Low • Nov 17
New 90-day high: €17.69 The company is up 2.0% from its price of €17.27 on 19 August 2020. The Austrian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.79 per share. Ankündigung • Nov 14
Proximus PLC, Annual General Meeting, Apr 21, 2021 Proximus PLC, Annual General Meeting, Apr 21, 2021. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue beats expectations Revenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to stay flat compared to a 9.0% growth forecast for the Telecom industry in Austria. Reported Earnings • Nov 05
Third quarter 2020 earnings released: EPS €0.49 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €1.36b (down 2.5% from 3Q 2019). Net income: €157.0m (up 21% from 3Q 2019). Profit margin: 12% (up from 9.3% in 3Q 2019). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 0.9%. Over the next year, revenue is forecast to stay flat compared to a 9.1% growth forecast for the Telecom industry in Austria. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS €0.49 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €1.37b (down 2.0% from 3Q 2019). Net income: €157.0m (up 21% from 3Q 2019). Profit margin: 12% (up from 9.3% in 3Q 2019). The increase in margin was driven by lower expenses. Ankündigung • Oct 31
Proximus PLC to Report Q4, 2020 Results on Feb 26, 2021 Proximus PLC announced that they will report Q4, 2020 results on Feb 26, 2021 Is New 90 Day High Low • Oct 29
New 90-day low: €15.31 The company is down 11% from its price of €17.26 on 30 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.46 per share. Is New 90 Day High Low • Sep 22
New 90-day low: €16.10 The company is down 13% from its price of €18.51 on 24 June 2020. The Austrian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.81 per share. 
