Belgian telecoms group Proximus (formerly Belgacom) has reported EBITDA of EUR418 million (USD480 million) for the first quarter to 31 March 2016, a rise of 2.5% year-on-year. However, net profit fell from EUR129 million in Q1 2015 to EUR112 million this year, while overall sales were down 3.3% at EUR1.43 billion. The domestic mobile user base fell by a net 28,000 over the last year to 4.20 million, though there was an improved balance of post-paid versus pre-paid users, with 119,000 net post-paid adds in twelve months. The fixed broadband customer total climbed by a net 92,000 in the year to end-March to 1.65 million.
Dominique Leroy, CEO of Proximus Group, commented: ‘We reconfirm our full-year guidance, with 2016 underlying domestic revenue and group EBITDA expected to grow slightly. Our EBITDA objective will be supported by the progress on our efforts to reduce cost.’