Proximus SA
PROX: XBRU (BEL)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|g$<$$G | LOCK|R^ | LOCK|WC! |
Proximus Earnings: Global Outlook Cut as CPaaS Market Cracks; Fair Value Lowered to EUR 8.10
Proximus downgraded its outlook for the global division after a sharp slowdown in the communications platform as a service SMS segment, where revenue fell 16% organically this quarter. Shares dropped 9% during July 25 trading—a move we view as justified.
