Belgacom’s 2004 results boosted by wireline performance

25 Feb 2005

Belgacom today released its financial results for the year ended 31 December 2004, showing that group revenues reached EUR5.54 billion, up 1.6% over the previous year. Net profit amounted to EUR922 million, and EBITDA increased by 6.4%, mainly due to the performance of Belgacom’s fixed line operations, which have undergone a rigorous cost control programme. Belgacom says that in the year it won back 142,000 fixed line subscribers to take its total fixed customer base to 4.842 million.

Belgium, Proximus