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Investegate |Orange Belgium Announcements | Orange Belgium: Positive results despite impact of Covid-19 and strained competitive environment

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Strong commercial and financial results despite COVID-19 crisis; 2020 guidance achieved

Operating cash flow defined as EBITDAaL – eCapex Xavier Pichon, Chief Executive Officer, commented: 2020 has been a challenging year. The world has been confronted with an unprecedented crisis impacting people’s every-day life, as well as forcing companies to completely review their way of doing business. Over the year Orange Belgium has been in the forefront, playing an active role by helping society to deal with this crisis. We have always put the safety and health of our customers, team members and suppliers first. We managed to upgrade our network in an extremely short timeframe to cope with the increased demand for capacity which arose with the different lockdowns.

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