Proximus: Aiming for a 10%+ Yield by 2028

Wednesday, 2 October 2024, 14:30

Proximus (BGAOF) is on the path to achieving a 10%+ yield by 2028. Despite increased expenses, a Q2 EBITDA of 486M EUR shows an 8.7% growth, prompting an upgrade from hold to buy. Investors should consider this emerging opportunity now.
Seekingalpha
Proximus: Aiming for a 10%+ Yield by 2028

Proximus: Financial Overview

Proximus has shown resilience in the face of rising costs. In Q2, the company achieved an EBITDA of 486M EUR, reflecting an 8.7% increase. This growth is significant, especially when analyzed within the competitive landscape of the telecommunications sector.

Strategic Outlook for 2028

  • Target Yield: Proximus aims to deliver a yield exceeding 10% by 2028.
  • Expense Management: The company is focused on controlling costs to support this ambitious yield target.
  • Investment Upgrade: Analysts have upgraded the stock from hold to buy due to positive financial signals.

Investment Considerations

Investors should pay attention to the developing strategies and financial indicators that suggest Proximus is moving towards its yield goals. The emerging trends in their operational performance signal potential for substantial returns. Seek further details and analysis to make informed decisions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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